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International Information Centre for Balkan Studies



Dodik Party Stakes Claim to Run Republika Srpska

 

 

 

Milorad Dodik says his governing Alliance of Independent Social Democrats, SNSD, intends to form the next government in Bosnia's predominantly Serbian entity.

Read more: Dodik Party Stakes Claim to Run Republika Srpska

Macedonia ups Tempo on Rail Link to Bulgaria

 

 

 

With work on the first section now in progress, Macedonia has issued a project call for the third and final stretch of its long-awaited rail spur to Bulgaria.

Read more: Macedonia ups Tempo on Rail Link to Bulgaria

Serbia MPs to Debate Revised Austerity Budget

 

 

 

Serbia's Finance Minister on Wednesday announced that parliament will shortly debate a draft revised budget and accompanying bills on cutting spending.

Read more: Serbia MPs to Debate Revised Austerity Budget

Rise on Jobless Rate Worries Montenegro

 

 

 

The number of unemployed in Monenegro has risen for the sixth month in a row - although the jobles rate remains low by regional standards.

Read more: Rise on Jobless Rate Worries Montenegro

Romania, Bulgaria Mull Two New Danube Bridges

 

 

 

The two neighbouring countries plan to start work on feasibility studies for two new bridges over the Danube.

Read more: Romania, Bulgaria Mull Two New Danube Bridges

Turkish Central Bank fails to combat inflation

Turkey’s Central Bank, whose resistance to government pressure to lower interest rates proved to be the right decision, has not had the same success in ensuring financial stability by controlling inflation.

Read more: Turkish Central Bank fails to combat inflation

Chinese Company to Build Romania Nuclear Reactors

 

 

 

A Chinese company is to invest in constructing two new reactors at Romania’s only nuclear power plant in a deal worth an estimated 6.5 billion euro.

Read more: Chinese Company to Build Romania Nuclear Reactors

Turkey lowers economic targets

 

 

 

The Turkish government has revised its year-end economic targets amid regional turmoil, rising inflation, a weakening currency and shrinking industrial output. The revisions were announced Oct. 8 as part of Ankara’s new medium-term program, its economic road map for 2015-17. The growth forecast was slashed to 3.3% from 4% for 2014, and to 4% from 5% for 2015.

Read more: Turkey lowers economic targets

Romanian Pensions to Go up Next January

 

 

 

Pensions are to go up by 5 per cent, starting in January, the government says, maintaining that it has the resources to fund the hike.

Read more: Romanian Pensions to Go up Next January

Bulgaria reports 1.6% annual deflation

 

 

 

Bulgaria’s consumer price index in September 2014 compared to August 2014 is 99.8%, i.e. the monthly inflation is -0.2%. The inflation rate since the beginning of the year (September 2014 compared to December 2013) has been -1.4% and the annual inflation in September 2014 compared to September 2013 was -0.8%, shows the data of Bulgaria’s National Statistical Institute (NSI).

Read more: Bulgaria reports 1.6% annual deflation

Bulgaria 3rd richest in forest biodiversity European country

 

 

 

”Bulgaria is the third richest in forest biological diversity country in Europe. Of all the natural resources in the country it occupies the biggest share,

Read more: Bulgaria 3rd richest in forest biodiversity European country

Turkey: Babacan emphasizes battle against high inflation

 

 

 

Efforts to lower currently high inflation rates to favorable levels will continue to be Turkey's top economic priority, Deputy Prime Minister Ali Babacan told an international summit in Washington on 12.10.2014.

Read more: Turkey: Babacan emphasizes battle against high inflation

Romania President Fuels Row Over Russian Refinery

 

 

 

President Traian Basescu has ramped up the dispute over the Russian-owned Lukoil refinery, which prosecutors say has avoided taxes - and whose owners are threatening to shut it down.

Read more: Romania President Fuels Row Over Russian Refinery

IMF Downgrades Montenegro’s Growth Forecast

 

 

 

The IMF has revised its forecast of Montenegros’s economic growth downwards from 2.8 per cent anticipated in April to 2.3 per cent.

Read more: IMF Downgrades Montenegro’s Growth Forecast

About 2.5 million Greeks are without any health insurance

 

 

 

Health care services and public hospital budgets are under immense pressure as cost is expected to increase.

Read more: About 2.5 million Greeks are without any health insurance

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