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Three bids submitted for Smederevo steel mill Geox shoes to open factory in Nis Rastello: Greek economic crisis, chance to solve name issue Greece-Cyprus-Israel undersea cable is announced CoE awards three Croatian coastal towns His Holiness Patriarch Kirill meets with His Holiness Patriarch Maxim of Bulgaria and members of the Holy Synod of the Bulgarian Orthodox Church Russian Church prepared to send monk envoys to Kosovo Russian Partriarch Kirill meets with Bulgaria's highest state officials Government to encourage Chinese investors to invest in Montenegro, PM Jiabao says New York Times: Greece preoccupied with crisis to devote to Macedonia issue Turkish-Americans: Inclusion of Macedonia in NATO well overdue PM Gruevski: Macedonia open to new Chinese investments First group of Dutch tourists arrives in Ohrid Carrefour-Marinopoulos group under investigation for dodging VAT through fake invoices Twenty-six people arrested in Attica prefecture in two days for debts to the state National Bank to set up subsidiary for SE European units EU says Greece's special rights in OTE-DT deal incompatible Athens condemns exploratory drilling in occupied part of Cyprus KYSEA cancels buying of four C 27 aircraft Moscow ready to help Ukraine investigate terrorist attack Greece: EIB to delete drachma clauses Tadic: Morava Airport for economic development EBRD and Bulgarian government launch Green Economy Programme EBRD invests in first wind power project in Ukraine EBRD lays foundation for road PPP in Western Balkans Southern Europe needs balance between austerity and growth, he says in a speech EBRD: Boosting Turkish wind energy generation US deploys stealth jets to air base in Southwest Asia PM says Chinese investments, hiring to be done by rules Croatia: Gas and electricity prices to go up by double-digit percentage Italians want to buy all of Slavonias hazelnuts Croatia behind European household internet access average Croatian Telecom profits up 76.5% of citizens support BiH's integration into EU Tadic, Dodik and Kusturica visit Visegrad Prvi Partizan to build new factory in Uzice Improving utility infrastructure in five Serbian municipalities Calzedonia starts construction of EUR 20 million factory in June Petroleum Industry of Serbia reports strong quarterly revenue growth - Net profit dropped International tender for hot spring resort and battery factory Homen: Confiscated property worth over EUR 350mln IMF approves EUR 106.6 million for Pristina Deal inked on Turkish donation for Morava airport NBS sells EUR 20 million "Arena 2012": Strong police, army precondition of strong state
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Mirek Topolánek : European Union takes unprecedented steps to combat the crisis

07:03 | broj komentara 0 | EMportal

Speaking in the European Parliament yesterday, President of the European Council denounced criticism that the European Union does not go deep enough to tackle the economic crisis.

Foreign loan for Romania, set at 20 Bln Euro

07:34 | broj komentara 0 | EMportal, Hotnews.ro, Agerpress

The International Monetary Fund will grant Romania a loan of 12.95 billion euro, the European Union - 5 billion euro, the World Bank 1.5 billion euro while another billion euro will be granted by other financial institutions.

Croatian Gov't moves budget revision, new pay regime

07:38 | broj komentara 0 | RadioNET

The Croatian government on Wednesday moved a 2009 budget revision cutting revenues by HRK 8 billion and expenses by 5.4 billion, as well as a a bill of amendments under which public servants' salaries would be determined by the government with a special decree as of April 1.

Business optimism index in March hits bottom

07:41 | broj komentara 0 | RadioNET

Owing to a sudden mood change among entrepreneurs, the Business Optimism Index HLIPO in March entered deep into the recession quadrant and for the first time, it is below 90 percentage points.

Deadly Tornado in Greece

07:42 | broj komentara 0 | EMportal

A deadly tornado hit the region of Nea Manolada, in the Elia prefecture  killing two people and injuring one.

IMF overhauls lending framework

06:53 07:15 | broj komentara 0 | EMportal

The Executive Board of the International Monetary Fund (IMF) today approved a major overhaul of the IMF’s lending framework, including the creation of a new Flexible Credit Line (FCL).

SEE countries call in the IMF

06:58 | broj komentara 0 | EUbusiness.com

A trio of countries in southeast Europe called in the International Monetary Fund on Wednesday to provide emergency loans needed to plug budget gaps left by the financial crisis.

SEE should apply Pre-Accession reforms, work together to counter crisis

07:06 07:16 | broj komentara 0 | EMportal, Fena

During the meeting, held as part of consultations between the RCC and the European Commission (EC), Secretary General Biscevic briefed Commissioner Rehn of the current situation in South East Europe (SEE) in light of the ongoing financial crisis and economic recession.

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