EMG - Product of Ekonomist Media Group en Copyright 1999 - 2012, (RSS Admin) Fri, 01 Jun 2012 20:45:03 +0000 Fri, 01 Jun 2012 20:45:03 +0000 Business and Economy 15 EMG News - Region 144 38 Commission calls on Greece to implement agreed measures; Rehn reaction In a report on jobs and growth in the Eurozone, the Commission said that following a request from Greece in April 2010 and negotiations with the European Commission, the ECB and the IMF the European Council on 2 May 2010 agreed an economic adjustment programme for Greece covering the period 2010-13. A second economic adjustment programme was agreed by the European Council on 13 March 2012 covering the period 2012-14. 180160[at] News - RegionNews Fri, 01 Jun 2012 06:32:00 +0000 Montenegro presents level of compliance with EU acquis in judiciary and fundamental rights The two-day meeting between Montenegro and the European Union discussing the level of compliance of Montenegro"s legal system with the EU acquis with regard to judiciary and fundamental rights was completed in Brussels earlier today. 180158[at] News - RegionNews Fri, 01 Jun 2012 06:28:00 +0000 EUR 450 million in support of Macedonia's economy - FinMin The decline of Macedonia's industrial production is a result of Europe's recession and in order to mitigate its consequences the Government will introduce new measures, which also include an injection of fresh EUR100 million in support of small, medium enterprises and EUR350 million of capital investments, foreseen by the budget rebalance, Vice-Premier and FinMin Zoran Stavreski said Thursday at a press conference. 180157[at] News - RegionNews Fri, 01 Jun 2012 06:26:00 +0000 World Bank: Croatia is in a deep recession Croatia is currently in a very deep recession, but joining the EU will significantly increase its possibilities to receive financial support and attract investment. Those are the views of Peter Harold, World Bank Country Director for Central Europe and The Baltic States, reports Croatian radio television. 180156[at] News - RegionNews Fri, 01 Jun 2012 06:24:00 +0000 Smoking ban at indoor public and work places comes into force in Bulgaria on 1 June The smoking ban comes under Article 56 of the draft bill for amendments and supplements to the Healthcare Act. Under the law the smoking will be banned at indoor public places and at work places. 180153[at] News - RegionNews Fri, 01 Jun 2012 06:20:00 +0000 Montenegro to open embassy in Kosovo The Montenegrin government's decision to open the embassy confirms that good relations with neighbours and development of regional cooperation represent a lasting goal, stimulating progress in the countries of the region when it comes to EU and Euroatlantic integration and boosting stability in the region as a whole, the government sai 180150[at] News - RegionNews Fri, 01 Jun 2012 06:13:00 +0000 PM Gruevski: Documents confirm that Cvenkovski accepted unfavorable name proposal It is natural for a person, who has been dealing with speculations, manipulations on daily bases, to trick oneself at a certain point and to be enable now to come out of the mess, Prime Minister Nikola Gruevski responded Wednesday to journalists' request to comment the claims of opposition leader Branko Crvenkovski related to 2005 proposal of UN mediator Matthew Nimetz for the name row settling. 180112[at] News - RegionNews Thu, 31 May 2012 04:58:00 +0000 Opinion poll indicates desire to stay in eurozone An overwhelming majority of 80.9 percent of respondents want Greece to remain in the eurozone at all costs, while 77.8 percent are in favour of amendment of the Memorandum and 66.4 percent prefer the formation of a cooperation government, according to the results of a GPO opinion poll presented on private Mega television station on Tuesday night. 180109[at] News - RegionNews Thu, 31 May 2012 04:59:00 +0000 PPC reports 1.4-mln-euro loss in Q1 Arthuros Zervos, chairman and chief executive of PPC, commenting on the results said he expected this year's results to move according to budget provisions on the precondition that a macroeconomic environment will not deteriorate further. 180108[at] News - RegionNews Thu, 31 May 2012 04:59:00 +0000 Greece: National Bank warns of dire "Grexit" fallout If Greece left the euro, living standards would plummet, incomes would be slashed by more than half, and inflation and unemployment would skyrocket, the country's biggest bank warned on Tuesday, as daily Athens News reports. 180105[at] News - RegionNews Thu, 31 May 2012 05:01:00 +0000 Croatia Airlines to start Split-Belgrade-Split route this week Croatia Airline flights on the route Split-Belgrade-Split will start this Friday on 1 June with a welcoming ceremony at Belgrade's Nikola Tesla airport for the first flight from Split, reported website politika plus. 180102[at] News - RegionNews Thu, 31 May 2012 05:01:00 +0000 EU to Remove Bulgaria, Germany from deficit blacklist The European Commission has recommended the removal of Bulgaria from the list of countries facing sanctions, as it has succeeded in bringing down its deficit below the 3% limit. 180101[at] News - RegionNews Thu, 31 May 2012 05:02:00 +0000 Bulgaria to sell 500 armored vehicles to Iraq Bulgarian PM Boyko Borissov and Defense Minister Anyu Angelov opened the Tenth International Exhibition of Defense Technology, Hemus 2012: Defense, Anti-Terrorism and Security at the International Fair in Plovdiv, Southern Bulgaria. 180100[at] News - RegionNews Thu, 31 May 2012 05:03:00 +0000 Romania exports EUR 131 mln of weaponry to US, Netherlands, Morocco Romania exported weapons worth some EUR 131 million in 2011, an increase of 6 percent on the year before, and a growth of 30 percent on 2009. Countries like the US, Afghanistan and the UK spent twice as much on weapons from Romania than in previous years. 180085[at] News - RegionNews Wed, 30 May 2012 11:15:00 +0000 S&P keeps Romania’s rating at BB+/B with a stable outlook Ratings agency Standard&Poors has kept the BB+/B rating on Romanian sovereigns. S&P describes the Romanian Government"s general debt as "moderate" but says the country has "relatively low prosperity, exposure to foreign parent bank financing risks, and high, if declining, external debt." 180084[at] News - RegionNews Wed, 30 May 2012 11:14:00 +0000 Romania will be twice as dependent on energy imports by 2030 Romania"s dependency on energy imports will almost double by 2030, if investments in the country"s energy segment do not become a reality, said Răzvan Nicolescu, head of public affairs and regulation with OMV Petrol oil and gas company. The current level of dependency on imports is already well above the European average. 180083[at] News - RegionNews Wed, 30 May 2012 11:13:00 +0000 FYRMacedonia: Customs Administration gets U.S. $30,000 grant The Customs Administration received Tuesday a grant of $30,000 in equipment through the United States Export Control and Related Border Security (EXBS) Program. 180082[at] News - RegionNews Wed, 30 May 2012 11:13:00 +0000 2005 Nimetz proposal provides no guarantees to Macedonian identity The document, marked confidential, contains the letter of UN mediator Matthew Nimetz to countries' negotiators Nikola Dimitrov and Adamantios Vassilakis, a proposal for a solution of the name, and annex to the proposal, which focuses on identity issues. 180081[at] News - RegionNews Wed, 30 May 2012 11:10:00 +0000 Greek banks get 18 bln euros in recapitalization funds Greece handed 18 billion euros to its four biggest banks on Monday, the finance ministry said, allowing the stricken lenders to regain access to European Central Bank funding. 180080[at] News - RegionNews Wed, 30 May 2012 11:08:00 +0000 Croatia set to introduce new property tax Croatia's Ministry of Finance has established a working group to draft a new property tax law, which will go up for public debate before the summer, reported daily newspaper Vecernji list. 180075[at] News - RegionNews Wed, 30 May 2012 11:01:00 +0000 Moody's affirms Bulgaria's stable outlook, less optimistic than Govt One of the major global credit rating agencies, Moody's, has confirmed Bulgaria's government bond rating and stable outlook in its annual credit report on the country, issued Tuesday. 180074[at] News - RegionNews Wed, 30 May 2012 10:59:00 +0000 Bulgaria massively closes jobs, SMEs Unfortunate economic policies in Bulgaria have led to massive reduction of jobs and closing down of small and medium enterprises, according to Bulgarian Industrial Association chair Bozhidar Danev. 180073[at] News - RegionNews Wed, 30 May 2012 10:58:00 +0000 Bulgaria formally kicks out Syrian Ambassador over Houla massacre Bulgaria's Foreign Ministry has formally asked Salah Sukkar, Charge d'Affaires of the Embassy of Syria, to leave in the wake of the recent massacre of civilians in the Syrian town of Houla. 180072[at] News - RegionNews Wed, 30 May 2012 10:55:00 +0000 Bulgaria expects growth in foreign tourists The biggest growth will come from Russia and Ukraine - about 15 to 20 percent. The 100,000th visa to a Russian national since the start of 2012, should be issued during the first week of June that represents a 15-percent growth year-on-year, Marinov said. 180070[at] News - RegionNews Wed, 30 May 2012 10:52:00 +0000 President Ivanov: Interim Accord violated again, ICJ ruling must be respected We can be proud over the preparedness of Macedonian troops, who take part in such missions alongside other armies. We are committed to nurturing the strategic objectives of putting the Macedonian Army (ARM) at the service of all operations when called upon, said President and Supreme Commander of Armed Forces Gjorge Ivanov on Monday. 180036[at] News - RegionNews Tue, 29 May 2012 06:40:00 +0000 Greece: New Democracy takes lead in four latest opinion polls New Democracy (ND) party appeas to hold a lead in four opinion polls published on Sunday in as many newspapers. 180035[at] News - RegionNews Tue, 29 May 2012 06:38:00 +0000 Sofia, Zagreb sign cooperation memorandum Sofia Mayor Yordanka Fandakova and Zagreb Mayor Milan Bandic signed a cooperation memorandum in the Bulgarian capital on Monday. 180032[at] News - RegionNews Tue, 29 May 2012 06:18:00 +0000 Greece: State may run out of funds by July The Greek State could run out of funds halfway June, according to a report drafted by outgoing Premier Lucas Papademos. 180031[at] News - RegionNews Tue, 29 May 2012 06:14:00 +0000 Romania remains in top of most attractive 15 countries worldwide as for investments in renewable energy Romania is among the most attractive 15 countries in the world for investments in renewable energy, according to the latest Country Attractiveness Indices report, released on Monday by Ernst & Young. 180030[at] News - RegionNews Tue, 29 May 2012 06:12:00 +0000 Croatia: Prices of petrol and diesel to go down at midnight As of midnight on Monday prices of motor fuels will go down between 0.22 to 0.27 kuna per litre, while prices of diesel fuels will go down between 0.14 and 0.17 kuna, the Economy Ministry said on Monday announcing the highest retail price levels for oil products for the period from May 29 to June 11. 180029[at] News - RegionNews Tue, 29 May 2012 06:11:00 +0000