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International Information Centre for Balkan Studies



3+1 Scenarios for the route of the deposits to Europe

 

 

 

One of the issues discussed by the leaders of the Greek Cypriot and Egypt met in Athens was the energy planning in Eastern Mediterranean.

Read more: 3+1 Scenarios for the route of the deposits to Europe

Sofia Tech Park opens, ‘to put Bulgaria on the map of the future’

 

 

 

Sofia Tech Park, a multi-million euro science and technology park, was officially opened on December 11, with President Rossen Plevneliev hailing it as set to “put Bulgaria on the map of the future”.

Read more: Sofia Tech Park opens, ‘to put Bulgaria on the map of the future’

A final investment agreement (FID) to build the Interconnector Greece Bulgaria (IGB) was signed in Sofia on December 10.

Greece and Bulgaria signed on December 10 (2015) a long-delayed final investment agreement (FID) to build a 180-kilometre natural gas pipeline to help Sofia reduce its heavy dependence on Russian energy supplies. A Bulgarian-Greek joint venture that also includes Italian energy group Edison will build the Interconnector Greece-Bulgaria (IGB) with an initial annual capacity of 3 billion cubic metres per year.

Read more: A final investment agreement (FID) to build the Interconnector Greece Bulgaria (IGB) was signed...

Romania’s Government adopts 2016 budget, sends it to the Parliament

 

 

 

Romania’s Government adopted on December 9, 2015 the budget for 2016 and sent it to the Parliament for approval.

Read more: Romania’s Government adopts 2016 budget, sends it to the Parliament

Cairo, Athens and Nicosia aim “to have visible and tangible results through the joint projects”

 

 

 

At a trilateral summit focusing on energy and maritime (10.12.2015), Greece, Egypt and Cyprus vowed to accelerate talks on how to stake out undersea territory in the Mediterranean.

Read more: Cairo, Athens and Nicosia aim “to have visible and tangible results through the joint projects”

Romania still pays for investment in Ukraine made by Ceausescu

 

 

 

The Economy Ministry’s budget for next year includes a RON 4.1 million (almost EUR 1 million) allocation for the Ukrainian steel plant Krivoi Rog, an investment started in the ‘80s by five countries in the former Soviet bloc, including Romania.

Read more: Romania still pays for investment in Ukraine made by Ceausescu

Will Turkey be able to replace Russian gas with Qatari imports?

 

 

 

A recent meeting between Turkey’s President Recep Tayyip Erdogan and Qatari Emir Sheikh Tamim bin Hamad Al Thani gave rise to a new rhetoric in Turkey: Turkey will be able to meet any shortfall in Russian gas supplies with new imports of Qatari liquefied natural gas (LNG). Any new LNG contracts signed with Qatar, the argument goes, now can be substituted for the gas Turkey currently buys from Russian sources — that is to say, about 50% of all of Turkey’s gas demands.

Read more: Will Turkey be able to replace Russian gas with Qatari imports?

Turkey's Never Had It So Bad as Record Outflows Seen Persisting

 

 

 

Foreign investors look set to keep pulling their money out of Turkey after dumping a record amount of stocks and bonds this year.

Read more: Turkey's Never Had It So Bad as Record Outflows Seen Persisting

Greece: Parliament approves 2016 budget with full support from coalition MPs

 

 

 

Greek Parliament passed the 2016 budget in the early hours of Sunday morning (06.12.2015) without any surprises.

Read more: Greece: Parliament approves 2016 budget with full support from coalition MPs

Romania steps in Austria vs UK lawsuit on nuclear energy

 

 

 

Romania has stepped in the trial which opposes Austria versus Great Britain and the Chinese company China General Nuclear Power.

Read more: Romania steps in Austria vs UK lawsuit on nuclear energy

EU bailout fund rescues Greece's top bank

 

 

 

The eurozone's bailout fund rescued Greece's largest bank on 01.12.2015, launching a recapitalisation process that is a crucial part of the country's third loan programme in five years.

Read more: EU bailout fund rescues Greece's top bank

IMF says could decide Greece aid in January 2016

 

 

 

The International Monetary Fund could decide in January whether it will put money in an aid program for Greece that until now has been financed entirely by the eurozone, an IMF spokesman said Thursday (04.12.2015).

Read more: IMF says could decide Greece aid in January 2016

Report on the fact-fiding mission of the Budgetary Control Committee to Greece 24/25 Deptember 2015

 

 

 

Control of EU funded priority projects shortlisted by “Task Force for Greece”

Read more: Report on the fact-fiding mission of the Budgetary Control Committee to Greece 24/25 Deptember 2015

Romanian state collects EUR 7 bln in 25 years from privatizations

 

 

 

The Romanian state has collected EUR 7 billion in 25 years from the privatization of 7,500 companies.

Read more: Romanian state collects EUR 7 bln in 25 years from privatizations

Russia bans import of strawberries, tangerines, tomatoes, other products from Turkey

 

 

 

MOSCOW, December 1, 2015. /TASS/. Russia has banned import of tangerines, tomatoes, and a number of other products from Turkey from January 1, 2016, according to the government decree on implementation of presidential decree on special economic measures against Turkey, press service of the cabinet of ministers reported on Tuesday (01.12.2015).

Read more: Russia bans import of strawberries, tangerines, tomatoes, other products from Turkey

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