Romanian leu weakens to all-time low values
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- Category: Economy
- Published on Tuesday, 23 January 2018 07:37
On Monday (22.01.2018), and after extensive rallies over the weekend, following political unsteadiness, the standard monetary unit of Romania, the leu fell to historic lows.
Kosovo lacking capacities for alternative energy
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- Category: Economy
- Published on Saturday, 20 January 2018 11:35
Energy experts in Kosovo say that despite the great need for alternative energy, Kosovo has no capacities to replace coal with renewable energy sources such as wind, sun, water, etc.
Renewable energy is clean and it doesn’t damage the environment, experts say.
Construction of TurkStream natural gas pipeline’s receiving terminal starts
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- Category: Economy
- Published on Thursday, 18 January 2018 10:31
The South Stream Transport B.V. has announced the start of the construction of TurkStream Offshore Gas Pipeline’s receiving terminal.
Read more: Construction of TurkStream natural gas pipeline’s receiving terminal starts
Greek budget surplus for 2017 exceeds target
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- Category: Economy
- Published on Wednesday, 17 January 2018 11:17
The Greek state budget posted a primary surplus of nearly 1.97 billion euros in 2017, down from a surplus of 2.778 billion in 2016 but significantly higher than a 877-million-euro target, the Greek finance ministry announced on 16.01.2018.
Chinese Firm to Build Croatia's Peljesac Bridge
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- Category: Economy
- Published on Saturday, 13 January 2018 12:43
China's Road and Bridge Corporation will build the controversial Peljesac Bridge in southern Croatia, designed to link Dubrovnik to the rest of the country and bypass the Bosnian coast, it was announced on 12.01.2018.
Bulgarian Economic Indexes for 2017
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- Category: Economy
- Published on Saturday, 13 January 2018 12:39
In the period January - November 2017, the value of all the goods exported from Bulgaria amounted to 48 111.6 million leva and in comparison with January - November 2016, the country's exports increased by 11.8 per cent.
Greece's 10-Step Road Map to a Bailout Program Exit in August 2018
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- Category: Economy
- Published on Sunday, 07 January 2018 00:00
The key question in the months ahead for what was once the epicenter of the European credit crisis is: Will it turn the corner and wean itself of external aid like Ireland, Portugal and Cyprus -- something the Greek government wants? Or, will the current bailout program, which ends Aug. 20, 2018, be followed by a similar arrangement -- as some observers expect?
Read more: Greece's 10-Step Road Map to a Bailout Program Exit in August 2018
TurkStream to hit Turkish shore in May: Project head
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- Category: Economy
- Published on Saturday, 06 January 2018 11:25
The first line of the TurkStream natural gas project will reach the Turkish shore in May of this year and will be in service at the end of 2019, the project management team told state-run Anadolu Agency in an exclusive interview on Jan. 5, 2018.
Read more: TurkStream to hit Turkish shore in May: Project head
Gold reserves at Turkey’s Central Bank hit record high following dollar exchange policy
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- Category: Economy
- Published on Friday, 05 January 2018 13:59
The Turkish Central Bank’s gold reserves have reached a record-high 564.8 tons, mainly due to the Bank’s policy of replacing a large amount of U.S. dollar reserves with billions.
Read more: Gold reserves at Turkey’s Central Bank hit record high following dollar exchange policy
Turkey’s core inflation hits highest since 2004
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- Category: Economy
- Published on Thursday, 04 January 2018 11:39
A key measure of Turkey’s consumer prices that excludes volatile items such as food and energy accelerated to the highest level in more than 13 years, data from the Turkish Statistics Institute (TÜİK) showed on Jan. 3, 2018.
IMF reachs agreement with BiH entities for the continuation of financial support
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- Category: Economy
- Published on Wednesday, 27 December 2017 10:11
International Monetary Fund (IMF) will continue the previous financial arrangement with Bosnia and Herzegovina, as soon as some minimal condition are fulfilled.
Read more: IMF reachs agreement with BiH entities for the continuation of financial support
Agreement signed for the construction of “New Kosovo” thermal power plant
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- Category: Economy
- Published on Monday, 25 December 2017 08:23
The government of Kosovo has signed on 20.12.2017 an agreement with US company, Contour Global for the construction of “New Kosovo” thermal power plant.
Read more: Agreement signed for the construction of “New Kosovo” thermal power plant
Turkish parliament approves 2018 budget
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- Category: Economy
- Published on Saturday, 23 December 2017 09:21
Turkish lawmakers approved the country’s 2018 budget early on Dec. 23, 2017 after a 12-day marathon session in the general assembly.
SEGT Limited buys 67% of Thessaloniki port
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- Category: Economy
- Published on Friday, 22 December 2017 12:04
After the Greek Court of Audit gave the "go ahead", Thessaloniki port and South Europe Gateway Thessaloniki (SEGT) Limited signed an agreement on Thursday, December 21, on the sale of 67% of the Thessaloniki port.
Turkey launches first solar cell integrated factory
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- Category: Economy
- Published on Friday, 22 December 2017 12:03
Turkey’s Renewable Energy Resource Zone Project (YEKA) inaugurated Turkey’s first integrated solar module, cell and panel production factory at a ground-breaking ceremony in the capital Ankara on Dec. 21, 2017.
Read more: Turkey launches first solar cell integrated factory
