Eurasia

Cost of Mismanagement Rises in Albania

The annual report of the High State Audit office says poor management of state-owned companies cost Albania twice as much in 2012 as it did the previous year.The head of Albania’s State Audit Office, Bujar Leskaj, told parliament on Tuesday that audits in 2012 brought to light €97.3 million worth …

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Serbia Tops Balkans For Illicit Financial Flows

The organisation Global Financial Integrity has ranked Serbia worst of all Balkan countries when it comes to illegal financial flows.About 5 billion dollars worth of money has “disappeared” every year in Serbia from 2001 to 2010 through illegal financial flows, the research and advocacy organisation Global Financial Integrity says. It …

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Turkish EU Minister says his country’s integration would boost EU’s growth

Turkey’s membership will contribute to EU growth, Turkish EU Minister Egemen Bagis said on Tuesday during a conference in Ankara on an EU project for capacity building in governorates. Bagis said Turkey would make the EU cake bigger, rather than reducing in size the slices of other EU member countries.

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