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24 May 12 / 09:55:55

Construction of Macedonian Motorway Section to Begin

Construction of the remaining section of one of Eastern Europe's key motorway networks, Corridor 10, will begin this summer, Macedonian Finance Minister Zoran Stavrevski said today.

Latest Business News from the Balkans

14 Aug 07 / 03:09:00

BIH Braces For Consequences of Summer Draught

Sarajevo _ Wheat-processing and baking companies in the northern BiH town of Brcko announced on Monday that bread prices will increase by 50 per cent thanks to the drought and bad harvest.
13 Aug 07 / 03:09:00

Albania Miners Go on Strike

Tirana_ Miners in the shanty town of Bulqiza in northern Albanian went on strike on Monday after a union leader died in a mining accident.
07 Aug 07 / 03:09:00

IMF Fears Energy Crisis in Albania Will Damage Growth

Tirana _ The IMF expressed worries on Monday that the energy crisis that has swept Albania will have adverse effects on economic growth.
06 Aug 07 / 05:46:00

Bosnia Criticised for Postponing CEFTA Trade Deal

Sarajevo _ The office of the top international mediator in Bosnia and the European mission in the country have expressed disappointment after parliament postponed ratifying the Central Europe Free Trade Agreement, CEFTA.
01 Aug 07 / 03:09:00

Serbia Seeks Consultants For National Air Carrier's Sale

Belgrade _ With at least one potential buyer already expressing interest, the Serbian government is seeking bids from consultancies that could develop and implement a strategy for privatizing the national flag carrier, JAT Airways.
27 Jul 07 / 03:09:00

Serbian Central Bank To Increase Benchmark Interest Rate

Belgrade _ Serbia's central bank may increase its key benchmark interest rate to prevent lax public spending controls from leading to unacceptably high inflation, bank governor Radovan Jelasic said Thursday.
27 Jul 07 / 03:09:00

Energy Crisis Cuts Albanian Working Hours

Tirana_The Albanian cabinet decided Thursday to cut the working hours of public employees to save power in the midst of a national energy shortage.
26 Jul 07 / 03:09:00

Albania's Electricity Monopoly Seeks Rate Hike

Tirana_ Amidst a severe energy crisis, the Albanian Power Corporation, KESH, announced Wednesday it will request an electricity price hike to recover from the higher cost of imports and low hydropower production due to the country’s drought.
26 Jul 07 / 03:08:00

Deputy PM Says Serbia to Take World Bank Loans

Belgrade _ Serbia will borrow $192.5 million (140.2 million euros) from the World Bank for a range of development projects aimed at improving the economy after more than a decade of wars, isolation and mismanagement, a top government official announced on Thursday.
25 Jul 07 / 05:35:00

Montenegrin Tourism Hit With Water, Power Shortages

Budva_ Water and electricity shortages are driving some tourists away from the Montenegrin coast before the end of their holiday, potentially harming the country’s budding vacation industry.
23 Jul 07 / 05:11:00

Bulgarian Property Prices Continue to Rise

Sofia _ Bulgarian apartment prices rose by an average of 5.4 percent in the second quarter of 2007, the National Statistical Institute reported on Monday.
18 Jul 07 / 03:45:00

Serbian Zastava, GM to Assemble Opel cars

Belgrade _ Serbia’s Zastava automotive manufacturer and the General Motors Corp. have agreed to start the local production of Opel cars, a top Serbian development official said Wednesday.
18 Jul 07 / 03:45:00

Kosovo Trust Agency Opens New Privatisation Wave

Pristina_ Bus stations and a textile plant are among the 10 state-owned enterprises offered for privatization in the latest round launched Wednesday by the Kosovo Trust Agency, KTA.
17 Jul 07 / 03:08:00

Serbia Seeks 260 Million Euro Loan for Infrastructure

Belgrade _ Serbia is seeking a loan worth 260 million euros from the European Bank for Reconstruction and Development, EBRD, to invest in infrastructure and a bank, a statement said Tuesday.
10 Jul 07 / 03:08:00

Macedonian Banks See Higher Loan Demand

Skopje_ Some Macedonian banks report big increases in demand for consumer loans as more of the nation’s residents borrow to pay for summer holidays, higher education and home refurbishing.

Premium

serbia-s-new-govt-faces-deficit-challenge
21 May 12 / 00:39:08

Serbia’s New Govt Faces Deficit Challenge

Promises of hundreds of new jobs made during the election campaign will soon be forgotten as reducing the deficit becomes a certain priority for the new team.

Politics and Society

first-witness-against-mladic-to-testify-in-june
24 May 12 / 16:50:05

Mladic’s Trial to Resume on June 25

The first prosecution witness at the trial of Ratko Mladic will be examined on June 25 announced the Trial Chamber of the Hague Tribunal, ICTY.