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Latest Business News from the Balkans

eu-expects-bulgaria-economy-to-drop-in-2016-02-05-2016
05 Feb 16

Bulgaria's Growth to Fall in 2016, EU Says

Economic growth will fall to 1.5 per cent in 2016 due to a slowdown in EU funds absorption but will pick up in 2017, the European Commission has said in its latest forecast. 

bosnian-state-television-risks-closure-02-02-2016
03 Feb 16

Bosnia's Cash-Strapped State TV Risks Closure

BHRT, Bosnia's State television, is facing extreme financial hardship, its administrative board has warned - adding that if no solution is found, the company might have to shut down.

albanian-experts-slam-foreign-company-vat-administration-01-29-2016
29 Jan 16

Albanian Plan to Privatise VAT Payments Queried

A government plan to hand business VAT payments over to the private sector to administer is causing controversy. 

kosovo-s-image-scares-investors-away--01-28-2016
29 Jan 16

Kosovo's Image Scares Investors, Meeting Hears

At a meeting on a new law on strategic investment in Kosovo, participants blamed corruption, weak rule of law and the ongoing political crisis for the poor rate of foreign investment.

montenegro-defends-decision-to-turn-prison-camp-into-resort-01-27-2016
28 Jan 16

Investor Pledges to Guard Mamula Fort Heritage

A plan to turn an Austro-Hungarian prison camp into a five-star hotel has angered many in Montenegro, but the investor and the state claim they will persevere the site's heritage.

croatia-s-announced-real-estate-tax-in-question-01-26-2016
27 Jan 16

Croatia Plans New Tax on Second Homes

Plans to impose taxes on second homes or unused real estate announced by Prime Minister Tihomir Oreskovic are dividing the experts.

imf-optimistic-on-kosovo-s-economic-upturn-01-26-2016
26 Jan 16

IMF Welcomes Kosovo’s Economic Upturn

In its first review of the agreement, the IMF said Kosovo’s economy is recovering as reforms pay off - but warned that political stalemate may have a negative impact.

air-serbia-flies-in-croatia-despite-unfair-competitor-charges-01-15-2016
15 Jan 16

Air Serbia Threatened with Croatia Flight Ban

Despite charges of unfair competition filed by the Croatian Civil Aviation Agency, Air Serbia keeps operating routes to and from Croatia to global destinations via Belgrade, risking a ban from the country.

croatian-pastries-appalled-by-disney-copyright-claims-01-13-2016
14 Jan 16

Disney Litigation Warning Angers Croatian Cake Shops

Croatian cake shops have been warned against using characters like Mickey Mouse by a company that says it has the sole right to decorate cakes with Disney designs.

montenegro-sees-room-for-new-mobile-operator-01-11-2016
12 Jan 16

Montenegro Invites Bids for New Mobile Operator

Montenegro announced it will launch a bidding process for a fourth mobile licence, raising questions about whether the tiny Adriatic country really needs another operator.

kosovo-fuel-prices-pushed-down-by-international-markets-01-11-2016
11 Jan 16

Global Market Trends Lower Kosovo Fuel Prices

Fuel companies in the country said that further price drops are to be expected during 2016 due to the situation on the international markets.

montenegro-plans-to-link-kotor-to-mountains-by-cable-car-01-05-2016
06 Jan 16

Montenegro to Build Cable Car up Mountains

The government is seeking international partners to construct an ambitious 15-km-long cable car route from Kotor on the coast to the old royal capital of Cetinje.

bosnian-farmers-face-eu-sanctions-01-05-2016
06 Jan 16

EU Suspends Trade Preferences for Bosnia

Bosnian farmers are worried after Brussels suspended free trade arrangements - which means they will have to pay tarrifs once again to export produce to EU markets.

tax-cuts-to-help-romania-improves-economy-01-04-2016
05 Jan 16

New Year Tax Cuts Take Force in Romania

Romania has started new year 2016 with some important - but potentially risky - tax cuts, including a significant drop in VAT.

albania-aims-to-liberalize-international-flights-12-23-2015
24 Dec 15

Albania Claims Deal Will Allow Low-Cost Flights

Officials claim they have reached an agreement with Tirana airport's shareholders to end their monopoly on international flights - but some experts are sceptical.

Politics and Society

kosovo-organ-defendant-appears-in-pristina-02-10-2016
10 Feb 16

Turkish Organ-Trafficking Suspect Gives Statement in Pristina

Kenan Demirkol, a Turkish doctor accused of organ-harvesting by the Kosovo authorities, has given a statement in Pristina in exchange of the suspension of an Interpol warrant for his arrest.

Culture and Lifestyle

hit-book-paints-grim-picture-of-uk-romanians-02-08-2016

Hit Book Paints Grim Picture of UK Romanians

The bleak lives of failed Romanian immigrants who camp in the London underpasses are brought sharply into focus in a new warts-and-all account of immigrant London.