Eurasia

Tens of thousands expected for Georgia rally

Tens of thousands of opposition supporters were expected to take to the streets of the Georgian capital Tbilisi for the start of mass protests aimed at ousting President Mikheil Saakashvili. Opposition leaders have vowed to rally at least 100,000 supporters and to continue protesting until Saakashvili resigns and calls early …

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Bulgaria Right Wing Seeks End of Dependence on Russia

Bulgaria’s two biggest opposition right-wing parties have called for a moratorium on moves that would secure the country’s dependence on Russia after the current government steps down. The statement was triggered by the Socialist-led ruling coalition’s last minute efforts to negotiate a new contract with Russian energy giant Gazprom and …

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Bulgarian Banks Go Hard on Loan Applicants

Sofia – Bulgarian banks put up loan rates and fees, pulled consumer lending products and ended promotions in February as the global financial meltdown raged on, data from personal finance website moitepari.bg shows. DSK Bank, Raiffeisenbank and Emporiki Bank dropped unsecured consumer loan offers from their portfolios. Additionally, Emporiki now …

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Final election results announced in Moldova, Communists win

CHISINAU – The ruling Communist Party of the Republic of Moldova has won the majority of seats in parliament but will most likely have to reach an agreement with the opposition when the country’s president is elected. Iurie Ciocan, the secretary of Moldova’s Central Electoral Commission, announced the final results …

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Voronin viewed as obstacle to change

Moldova’s political crisis centres largely on one man – Vladimir Voronin, the veteran president and leader of the ruling Communist party. After serving since 2001 and completing two terms, Mr Voronin is obliged to stand down. But the 67-year-old former Soviet communist party official is determined to stay in power, …

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