Facebook

International Information Centre for Balkan Studies



As visit to China concludes, Samaras offers incentives to invest in Greece

Any Chinese person investing more than 250,000 euros in real estate in Greece will be given a five-year residence permit without having to fulfill any other criteria, Prime Minister Antonis Samaras told a business conference in Shanghai on 18.05.2013.

Read more: As visit to China concludes, Samaras offers incentives to invest in Greece

Montenegro to Cut Top Public Officials’ Wages

The Montenegrin government has decided to reduce the wages earned by the heads of public enterprises and state institutions in a move aimed at cutting the country’s expenditure.

Read more: Montenegro to Cut Top Public Officials’ Wages

Albanian Businesses Pessimistic About Economy

A survey published by the American Chamber of Commerce in Albania reveals that the majority of its members saw an economic downturn in 2012 and expect worse in 2013.

Read more: Albanian Businesses Pessimistic About Economy

Greek PM in China touts country as European 'gateway'

Greek Prime Minister Antonis Samaras on Friday touted his troubled but improving economy as an attractive entry point for Chinese investment into the European Union.

"Greece can become a real 'gateway' for investment and trade flows between China and Europe," Samaris told a Greek-Chinese business forum, according to a copy of his speech text.

Read more: Greek PM in China touts country as European 'gateway'

CEZ Files Lawsuit Against Albania

The Czech power company CEZ announced on Thursday that it has launched arbitration proceedings seeking compensation for damages incurred during its investment in an Albanian electricity company.

Read more: CEZ Files Lawsuit Against Albania

Athens:The 4.2-billion-euro installment is expected on 17.05.2013

The Euro Working Group of eurozone finance ministry officials in Brussels approved on Wednesday the disbursement of a 4.2-billion-euro bailout tranche to Athens, which means that the funds will flow into Greek state coffers on Friday (17.05.2013).

Meanwhile Ratings agency Fitch Tuesday upgraded its sovereign credit rating for Greece by one notch, from CCC to B-minus. The move follows Monday's (13.05.2013) decision by euro finance ministers to release 7.5 billion euros in loans to Greece, to be paid out in May and June.

Read more: Athens:The 4.2-billion-euro installment is expected on 17.05.2013

Greek DEI’s full restructure and privatization plan

Ministry of Environment unveils 3-step plan for privatization of DEI after deregulation of energy market.

Read more: Greek DEI’s full restructure and privatization plan

Eurogroup approves 7.5 billion euro loans

Greece to collect two loan installments together - Eurogroup approves Cypriot rescue package
Tuesday, May 14, 2013

Read more: Eurogroup approves 7.5 billion euro loans

Croatia to Stay Cautious on Adopting Euro

Croatia's deputy prime minister said the country will keep its national currency, the kuna, and not opt for the euro until it has a sufficiently competitive economy.

Read more: Croatia to Stay Cautious on Adopting Euro

Албанските банки запазват стабилност

Според съобщение на агенция АТА, тестът за издръжливост

Read more: Албанските банки запазват стабилност

Eurogroup summit set to release Greek, Cyprus loans

Finance Minister Yannis Stournaras is to meet his eurozone counterparts in Brussels today for a Eurogroup summit expected to give the green light for the release of a 4.2-billion-euro loan tranche for the first quarter, and possibly an additional 3.3-billion euro instalment for the second quarter, while officials are also expected to approve the release of the first 3-billion-euro slice of aid to Cyprus.

Read more: Eurogroup summit set to release Greek, Cyprus loans

Romania’s Shadow Economy Shrinking, Study Says

Greater use of electronic payments is responsible for part of the decrease in Romania’s shadow economy, a study by Visa says.

Read more: Romania’s Shadow Economy Shrinking, Study Says

Serbia to Export Fiats to the US

Fiat plant in Serbia plans to start exporting 3,000 vehicles a month to America, marking a return of Serbia-made cars to the US after a three-decade absence.

Read more: Serbia to Export Fiats to the US

Slovenia adopts austerity action plan to avert bailout

Slovenia's government said Thursday (09.05.2013) it was confident it could avoid a much-dreaded bailout and satisfy the EU, as it adopted an action plan including privatisations, tax increases and austerity measures.

Read more: Slovenia adopts austerity action plan to avert bailout

Greek Deputy Minister of Finances claims primary deficit within budget targets

The Deputy Minister of Finances Christos Staikouras announced that the primary balance during the first four months of 2013 is within targets.

Read more: Greek Deputy Minister of Finances claims primary deficit within budget targets

isn eth zurichBSAdsNATOCentral and Eastern European Online LibraryEurActiv | European Union Information Website