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International Information Centre for Balkan Studies



Kosovo lacking capacities for alternative energy

Energy experts in Kosovo say that despite the great need for alternative energy, Kosovo has no capacities to replace coal with renewable energy sources such as wind, sun, water, etc.

Renewable energy is clean and it doesn’t damage the environment, experts say.

Read more: Kosovo lacking capacities for alternative energy

Construction of TurkStream natural gas pipeline’s receiving terminal starts

The South Stream Transport B.V. has announced the start of the construction of TurkStream Offshore Gas Pipeline’s receiving terminal.

Read more: Construction of TurkStream natural gas pipeline’s receiving terminal starts

Greek budget surplus for 2017 exceeds target

The Greek state budget posted a primary surplus of nearly 1.97 billion euros in 2017, down from a surplus of 2.778 billion in 2016 but significantly higher than a 877-million-euro target, the Greek finance ministry announced on 16.01.2018.

Read more: Greek budget surplus for 2017 exceeds target

Chinese Firm to Build Croatia's Peljesac Bridge

China's Road and Bridge Corporation will build the controversial Peljesac Bridge in southern Croatia, designed to link Dubrovnik to the rest of the country and bypass the Bosnian coast, it was announced on 12.01.2018.

Read more: Chinese Firm to Build Croatia's Peljesac Bridge

Bulgarian Economic Indexes for 2017

In the period January - November 2017, the value of all the goods exported from Bulgaria amounted to 48 111.6 million leva and in comparison with January - November 2016, the country's exports increased by 11.8 per cent.

Read more: Bulgarian Economic Indexes for 2017

Greece's 10-Step Road Map to a Bailout Program Exit in August 2018

The key question in the months ahead for what was once the epicenter of the European credit crisis is: Will it turn the corner and wean itself of external aid like Ireland, Portugal and Cyprus -- something the Greek government wants? Or, will the current bailout program, which ends Aug. 20, 2018, be followed by a similar arrangement -- as some observers expect? 

Read more: Greece's 10-Step Road Map to a Bailout Program Exit in August 2018

TurkStream to hit Turkish shore in May: Project head

The first line of the TurkStream natural gas project will reach the Turkish shore in May of this year and will be in service at the end of 2019, the project management team told state-run Anadolu Agency in an exclusive interview on Jan. 5, 2018.

Read more: TurkStream to hit Turkish shore in May: Project head

Gold reserves at Turkey’s Central Bank hit record high following dollar exchange policy

The Turkish Central Bank’s gold reserves have reached a record-high 564.8 tons, mainly due to the Bank’s policy of replacing a large amount of U.S. dollar reserves with billions.

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Turkey’s core inflation hits highest since 2004

A key measure of Turkey’s consumer prices that excludes volatile items such as food and energy accelerated to the highest level in more than 13 years, data from the Turkish Statistics Institute (TÜİK) showed on Jan. 3, 2018.

Read more: Turkey’s core inflation hits highest since 2004

IMF reachs agreement with BiH entities for the continuation of financial support

International Monetary Fund (IMF) will continue the previous financial arrangement with Bosnia and Herzegovina, as soon as some minimal condition are fulfilled. 

Read more: IMF reachs agreement with BiH entities for the continuation of financial support

Agreement signed for the construction of “New Kosovo” thermal power plant

The government of Kosovo has signed on 20.12.2017 an agreement with US company, Contour Global for the construction of “New Kosovo” thermal power plant.

Read more: Agreement signed for the construction of “New Kosovo” thermal power plant

Turkish parliament approves 2018 budget

Turkish lawmakers approved the country’s 2018 budget early on Dec. 23, 2017 after a 12-day marathon session in the general assembly. 

Read more: Turkish parliament approves 2018 budget

SEGT Limited buys 67% of Thessaloniki port

After the Greek Court of Audit gave the "go ahead", Thessaloniki port and South Europe Gateway Thessaloniki (SEGT) Limited signed an agreement on Thursday, December 21, on the sale of 67% of the Thessaloniki port.

Read more: SEGT Limited buys 67% of Thessaloniki port

Turkey launches first solar cell integrated factory

Turkey’s Renewable Energy Resource Zone Project (YEKA) inaugurated Turkey’s first integrated solar module, cell and panel production factory at a ground-breaking ceremony in the capital Ankara on Dec. 21, 2017.

Read more: Turkey launches first solar cell integrated factory

Gazprom to Splurge on EU Gas Pipeline as U.S. Weighs Penalties

Russia’s natural gas exporter is channeling more money into its fight formarket share as the U.S. threatens its biggest European pipeline project with possible sanctions and looks to deliver more fuel to the region by tanker.

Read more: Gazprom to Splurge on EU Gas Pipeline as U.S. Weighs Penalties

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