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.
The Moscow-based Solvay firm plans to spend some €150 million on building two new copper mines and a copper processing facility in eastern Macedonia.
Monthly inflation in Romania unexpectedly peaked in October, which economists blame on a sharp rise in heating bills after subsidies were axed for most families.
Serbian economy cannot escape the troubles besetting the eurozone, a top economist warns.
The EBRD is supporting the construction of the first modern, energy efficient shopping centre in the capital, Skopje.
After three decades, Macedonia has finally found the money to go ahead with the Boskov Most hydro power plant, a major infrastructure project near Debar in western Macedonia.
A new bill presented in Albania’s parliament aims to force foreign banks to transform their branches into local subsidiaries.
Centre-right government is confident it will be able to balance the books, managing next year's largest ever state budget.
Romania has announced plans to sell the state owned copper mine Cupru Min Abrud through a tender.
As the sale of Serbia's loss-making national carrier, JAT, looks likely to fail again, Serbia is considering forming a new, smaller airine on its own.
Bosnia's top drugs firm Bosnalijek reported a 12 percent drop in third-quarter net profit on Friday after local sales slipped and it wrote off a bad debt.
Employees at Zagreb Airport are threatening to go on strike if the airport’s chief executive officer Tonci Peovic, isn’t sacked by the government today.
The Bulgarian capital of Sofia has been informally named the lest expensive city for tourists to visit by the BackPacker Index
More than 200,000 tourists visited Montenegro during the month of September, 15 per cent more than were recorded in the corresponding period last year, according to official statistics released today.
The European Bank for Reconstruction and Development, EBRD, approved a loan of €16.5 million euros to Bosnia-Herzegovina for improvements of roads in the capital Sarajevo.
Environmental organizations are urging the European Bank for Reconstruction and Development, EBRD, not to go ahead with a planned €123 million loan for a hydropower plant near Dubrovnik because of the consequences it might have on the environment.
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.
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.
Kosovo’s domestic soaps are falling victim to cheap imports from Turkey and Latin America.