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International Information Centre for Balkan Studies



Bosnian Serbs Set Budget for 2015

 

 

 

Lawmakers in Republika Srpska will soon get a chance to scrutinize the 2015 entity budget, which is virtually unchanged from this year's figures.

Read more: Bosnian Serbs Set Budget for 2015

China Pledges $3bn Fund at Belgrade Summit

 

 

 

China's Prime Minister Li Keqiang promised a significant new investment fund for Central and Eastern European countries at the summit in Belgrade.

Read more: China Pledges $3bn Fund at Belgrade Summit

Serbia Awaits Benefits from China Summit

 

 

 

Serbia is hoping for an economic boost from infrastructure projects that will be discussed at a summit of leaders from China and central and eastern Europe in Belgrade this week.

Read more: Serbia Awaits Benefits from China Summit

MF approves EUR 1 bn stand-by loan for Serbia

 

 

 

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.

Read more: MF approves EUR 1 bn stand-by loan for Serbia

Macedonia Borrows Again for Bulgaria Rail Link

 

 

 

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.

Read more: Macedonia Borrows Again for Bulgaria Rail Link

Albania and Bosnia Lag in Europe GDP Table

 

 

 

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.

Read more: Albania and Bosnia Lag in Europe GDP Table

EU meeting turns into South Stream funeral

 

 

 

EU states who were to have hosted Russia’s South Stream gas pipeline have begun looking for other ways to improve energy security.

Read more: EU meeting turns into South Stream funeral

Eurozone ministers approve bailout extension for Greece

 

 

 

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

 

 

 

The Romanian government plans to boost the tourism industry by lowering VAT on tourist services.

Read more: Romania Tourism Operators Welcome Cut in VAT

Romania Seals 2015 Budget Deal With Lenders

 

 

 

Romania has reached an agreement with the IMF and EC to run a deficit in 2015 of 1.83 per cent of GDP.

Read more: Romania Seals 2015 Budget Deal With Lenders

Romanian PM to face IMF grilling on budget

 

 

 

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.

Read more: Romanian PM to face IMF grilling on budget

Juncker calls Putin's bluff on South Stream

European Commission chief Jean-Claude Juncker on Thursday (4 December 2014) called Vladimir Putin's bluff on a ditched gas pipeline project, South Stream.

Read more: Juncker calls Putin's bluff on South Stream

EU digests Russia's South Stream announcement

 

 

 

 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.

Read more: EU digests Russia's South Stream announcement

Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of S. Stream

 

 

 

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

 

 

 

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

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