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International Information Centre for Balkan Studies



Albania Power Plant Approval Angers Greens

Breaking his promise to not allow any new hydropower plants on the Vjosa River, Albania's Prime Minister has approved a Turkish company's request for a concession, angering environmentalists.

Read more: Albania Power Plant Approval Angers Greens

Romania Told to Amend Privatisation Law

The European Commission has urged Romania to change its privatisation law in order to drop provisions that could be seen as allowing state aid.

Read more: Romania Told to Amend Privatisation Law

Romania MPs to Vote on New Deal With Lenders

Romania's parliament is to vote on a new aid deal from the IMF and the European Commission, intended as a form of insurance against potential market turbulence.

Read more: Romania MPs to Vote on New Deal With Lenders

Romanian Parliament to Green Light Tax Cuts

Parliament's second chamber on Thursday was due to nod through a new fiscal code, slashing VAT, which critics say could blow a hole in government revenues.

Read more: Romanian Parliament to Green Light Tax Cuts

Сербия готовится к прекращению транзита российского газа через Украину

 

 

 

В Белграде рассматривают возможность расширения объёмов газохранилища «Банатский двор» более чем в два раза.

Read more: Сербия готовится к прекращению транзита российского газа через Украину

РФ направила Турции два предложения по межправсоглашениям по "Турецкому потоку"

 

 

 

МОСКВА, 7 августа. /ТАСС/. РФ направила Турции два предложения по межправительственным соглашениям по "Турецкому потоку" - по одной нитке и по четырем ниткам. Об этом ТАСС сообщили в Минэнерго.

Read more: РФ направила Турции два предложения по межправсоглашениям по "Турецкому потоку"

Albania Plan to Raise Taxes Causes Outrage

 

 

 

The Ministry of Finance shelved a draft law that was to introduce taxes on low wage-earners after strong criticism from the media and from some of the ruling coalition's MPs.

Read more: Albania Plan to Raise Taxes Causes Outrage

Bulgaria offers Azerbaijan ‘a package’ of energy projects

 

 

 

The Bulgarian government has proposed a package of energy cooperation projects to Azerbaijan. It remains unclear if the massive deal is part of a swap of property linked to a plan to divest 17% of Azerbaijan’s shares of Greek gas operator DEFSA to a third country.

Read more: Bulgaria offers Azerbaijan ‘a package’ of energy projects

Europe to Fund Balkan Transport, Energy Projects

 

 

 

Following the Vienna summit, the Western Balkans has been promised 200 million euro in co-financing for 10 transport and energy projects, to improve growth and energy security.

Read more: Europe to Fund Balkan Transport, Energy Projects

Western Balkans Summit Vienna 2015

 

 

 

Addendum

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Bulgaria: Foreign Direct Investment in Non-Financial Sector Decreases by 5.9% in 2014

 

 

 

Foreign direct investment (FDR) in
Bulgaria's non-financial sector in 2014 amounted to
21,953,000,000 euro, decreasing by 5.9 per cent compared with
2013, according to early estimates published by the National
Statistical Institute.

Read more: Bulgaria: Foreign Direct Investment in Non-Financial Sector Decreases by 5.9% in 2014

What's the greatest risk to Turkey's economy?

 

 

 

Any one of the following problems would ring alarm bells for an emerging market:

Read more: What's the greatest risk to Turkey's economy?

World Bank Analysis to Guide Serbian Layoffs

 

 

 

A forthcoming World Bank analysis of Serbia's public sector is likely to provide a basis for the government to determine further public-sector job cuts.

Read more: World Bank Analysis to Guide Serbian Layoffs

Greece: Deposits fall despite controls

Household and business deposits fell by 1.4 billion euros in July, 2015  despite capital controls, according to data from the Bank of Greece. The decrease is attributed to the reaction of nervous depositors.

Read more: Greece: Deposits fall despite controls

Serbia To Expand Gas Storage Capacities

 

 

 

Serbia's Prime Minister says Belgrade must develop the capacity of its only gas storage, at Banatski Dvor, after encountering obstacles in finding alternative gas supplies and routes.

Read more: Serbia To Expand Gas Storage Capacities

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