MF approves EUR 1 bn stand-by loan for Serbia
- Details
- Category: Economy
- Published on Sunday, 14 December 2014 12:44
The International Monetary Fund said it had approved a new stand-by loan for Serbia worth around one billion euros ($1.25 billion) to help it achieve economic reforms.
Macedonia Borrows Again for Bulgaria Rail Link
- Details
- Category: Economy
- Published on Sunday, 14 December 2014 12:42
With work on the first section of the link now in progress, Macedonia is to borrow 145 million euro for the second stretch of its long-awaited rail connection to Bulgaria.
Albania and Bosnia Lag in Europe GDP Table
- Details
- Category: Economy
- Published on Friday, 12 December 2014 14:04
Albania and Bosnia have the lowest GDP per capita of 37 European countries examined, while Bulgaria is the EU's poorest country, the bloc’s statistics office, Eurostat, said on 11.12.2014.
EU meeting turns into South Stream funeral
- Details
- Category: Economy
- Published on Friday, 12 December 2014 12:49
EU states who were to have hosted Russia’s South Stream gas pipeline have begun looking for other ways to improve energy security.
Eurozone ministers approve bailout extension for Greece
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- Category: Economy
- Published on Friday, 12 December 2014 12:47
Eurozone ministers on Monday approved a request from Greece for a two-month extension to its bailout programme that was set to end December 31, amid an ongoing budget row between Athens and its EU-IMF creditors.
Read more: Eurozone ministers approve bailout extension for Greece
Romania Tourism Operators Welcome Cut in VAT
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- Category: Economy
- Published on Thursday, 11 December 2014 15:16
The Romanian government plans to boost the tourism industry by lowering VAT on tourist services.
Romania Seals 2015 Budget Deal With Lenders
- Details
- Category: Economy
- Published on Thursday, 11 December 2014 15:12
Romania has reached an agreement with the IMF and EC to run a deficit in 2015 of 1.83 per cent of GDP.
Romanian PM to face IMF grilling on budget
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- Category: Economy
- Published on Saturday, 06 December 2014 17:56
Weakened by his defeat in the recent presidential election, Romania's Prime Minister Victor Ponta faces a new test in talks with the IMF over the 2015 budget in one of the poorest countries in Europe.
Juncker calls Putin's bluff on South Stream
- Details
- Category: Economy
- Published on Friday, 05 December 2014 11:21
European Commission chief Jean-Claude Juncker on Thursday (4 December 2014) called Vladimir Putin's bluff on a ditched gas pipeline project, South Stream.
EU digests Russia's South Stream announcement
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- Category: Economy
- Published on Friday, 05 December 2014 11:20
EU diplomats predict Turkey will use Russia’s South Stream decision as leverage in accession talks, as the European Commission handles the financial implications for member states.
Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of S. Stream
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- Category: Economy
- Published on Wednesday, 03 December 2014 15:45
Gazprom CEO Aleksey Miller said the energy giant will build a massive gas pipeline that will travel from Russia, transit through Turkey, and stop at the Greek border – giving Russia access to the Southern European market.
Read more: Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of S. Stream
Albania to Slash Independent Electricity Purchase Price
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- Category: Economy
- Published on Wednesday, 03 December 2014 15:42
The Albanian government has announced that it will cut the wholesale price paid for electricity produced by independent companies, arguing that is too high.
Read more: Albania to Slash Independent Electricity Purchase Price
Romania Seeks IMF Approval for 2015 Budget
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- Category: Economy
- Published on Wednesday, 03 December 2014 15:41
International Monetary Fund and European Union representatives are in Bucharest to discuss Romania’s budget for next year.
Greece, Cyprus and Israel table plan for pipeline to EU
- Details
- Category: Economy
- Published on Wednesday, 03 December 2014 11:35
Energy ministers of Greece, Cyprus and Israel will hold talks with the EU next week to try to advance a plan for a pipeline linking newly-discovered gas riches in the eastern Mediterranean to Europe, Cyprus's energy minister said yesterday (2 December 2014).
Read more: Greece, Cyprus and Israel table plan for pipeline to EU
Turkey says to weigh Russian natural gas link plan
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- Category: Economy
- Published on Wednesday, 03 December 2014 11:22
Turkey's energy minister says his country will weigh a Russian proposal to set up a new natural gas link to Turkey and the possible creation of gas hub on its border with Greece.
Read more: Turkey says to weigh Russian natural gas link plan
