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International Information Centre for Balkan Studies



Bulgaria edges closer to joining euro

Bulgaria, the European Union’s poorest country, moved a step closer to joining the euro yesterday (12 July, 2018).

Read more: Bulgaria edges closer to joining euro

Bulgaria, China sign raft of agreements ahead of CEE – China ’16+1′ summit

On the day that the trade war between China and the US stepped in to high gear with the introduction of wide-reaching tariffs on goods, Chinese prime minister Li Keqiang was keen to emphasise that the upcoming “16+1” meeting between China and 16 Central and Eastern European countries was not meant to cause divisions within the EU.

Read more: Bulgaria, China sign raft of agreements ahead of CEE – China ’16+1′ summit

Facility for refugees in Turkey: member states agree details of additional funding

On 29 June 2018, the 28 EU member states agreed on how to finance an additional €3 billion for the EU Facility for Refugees in Turkey to support Syrian refugees.

Read more: Facility for refugees in Turkey: member states agree details of additional funding

China says open for trade with east Europe as clash with U.S. ramps up

SOFIA (Reuters) - China remains open for trade with foreign partners and can only benefit from an economically strong Europe, its leader said on Saturday as he pressed for expanded ties with the continent’s eastern wing while waging a tariff war with Washington.

Read more: China says open for trade with east Europe as clash with U.S. ramps up

Croatia:Creditors approve Agrokor debt settlement deal

The creditors of Agrokor [AGROK.UL], Croatia’s indebted food producer and retailer, on Wednesday (03.07.2018) voted to approve a debt settlement deal that will help to resolve the company’s troubles.

Read more: Croatia:Creditors approve Agrokor debt settlement deal

Serbia: FDI net inflows at 871 mln euros in first four months of 2018

Serbia's FDI net inflows totalled 871 mln euros in the first four months of 2018, according to payment balance figures.

Read more: Serbia: FDI net inflows at 871 mln euros in first four months of 2018

Turkish inflation hits 14-year high, lira slides

Annual inflation in Turkey surged to over 15 percent in June for the first time in almost one-and-a-half decades, according to official data, driving the embattled Turkish currency down amid a vicious circle of a weakening lira and rising inflation.  

Read more: Turkish inflation hits 14-year high, lira slides

Tsipras, Borissov sign joint declaration regarding the IGB construction

Greek premier Alexis Tsipras and his Bulgarian counterpart, Boiko Borissov signed a common declaration on the IGB natural gas pipeline that will connect Greece with Bulgaria, in the presence of the president of the European Commission, Jean-Claude Juncker.

Read more: Tsipras, Borissov sign joint declaration regarding the IGB construction

Greece: Staff Concluding Statement of the 2018 Article IV Mission June 29, 2018

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff.

Read more: Greece: Staff Concluding Statement of the 2018 Article IV Mission June 29, 2018

Bulgarian gas hub plans raise eyebrows in Brussels

Bulgaria launched a tender today (27 June 2018) for a new gas link with Turkey in a push to persuade Russia to extend the second part of the Turkish Stream pipeline to its border rather than Greece.

Read more: Bulgarian gas hub plans raise eyebrows in Brussels

Debt deal a credit positive for Greece, Moody's says

A debt relief package offered to Greece by its creditors last week is credit positive for the overborrowed country, rating agency Moody’s said on Monday (25.06.2018).

Read more: Debt deal a credit positive for Greece, Moody's says

Greece and creditors proclaim 'end of crisis'

"The Greek crisis ends here, in Luxembourg, tonight".

Read more: Greece and creditors proclaim 'end of crisis'

EU energy deal targets 32 pct renewables by 2030

EU Parliament and Council negotiators struck a deal on 13.06.2018 for a share of energy from renewables of at least 32% of the EU's gross final consumption in 2030, with an upwards revision clause by 2023.

Read more: EU energy deal targets 32 pct renewables by 2030

Exclusive: Italy's new government to review TAP gas pipeline

A plan to build the final stage of a $40 billion international gas pipeline in Italy is under review, the country’s new environment minister said, calling the project “pointless”.

Read more: Exclusive: Italy's new government to review TAP gas pipeline

Kosovo Parliament votes for unification of customs with Albania

Kosovo Parliament has voted on 05.06.2018 a resolution on unification of customs wit Albania. The vote came only a few days after MPs voted two resolutions on scrapping roaming charges and removing controls at the border.

Read more: Kosovo Parliament votes for unification of customs with Albania

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