Eurasia Press & News

The Albanian government annulled €60 million worth of debts and unpaid bills of the state-owned electricity distribution company, OSSH, on Friday. The decision has been slammed by the opposition as “stupid” and corrupt, because it will decrease by more then 50 per cent the real price of OSSH, which is …

The average net salary in Romania rose 12.9 percent in the year to January, but declined slightly when compared to the month before, the National Statistics Board reported on Monday. January’s average salary was Lei 1,355 down by 0.9 percent from December, 2008. 

The World Bank Board has approved a Programmatic Private and Financial Development Policy Loan for Serbia worth €34.9 million in order to help the country achieve its economic growth related goals consistent with its European Union aspirations. The loan will support the Government’s reforms by enhancing the business environment, encouraging …

A home-made bomb exploded outside a Citibank branch in the Greek capital causing minor damage and no injuries, police said on Monday. There has been an outbreak of violence since the fatal police shooting of a teenager in December, which sparked Greece’s worst riots in decades and rocked the fragile …

TIRANA -Albania plans to file its candidacy to the European Union in late June before it holds legislative elections, Prime Minister Sali Berisha told AFP on Sunday. Berisha said an agreement had been reached “in principle” with the EU’s Czech presidency for the former communist bloc country to apply for …

MADRID, – Serbian President Boris Tadic arrived in Spain on Sunday for a two-day visit and was welcomed by representatives from the Spanish government at Barajas airport of Madrid. Tadic will meet with Spain’s Prime Minister Jose Luis Rodriguez Zapatero and Madrid’s mayor Alberto Ruiz-Gallardon, also he will hold meetings …

S ix months after breaking off talks with Russia after that country’s conflict with NATO-aspirant Georgia, the alliance has decided to resume relations, in a move some critics said was a cave-in to Russian aggression. But NATO leaders said it was a sign of rapprochement between the West and Russia …

Sofia. Most probably the next EC report will be released after the elections for national and European parliaments in Bulgaria, but this supposition should not make us calm because whatever the election results, this will be a report on Bulgaria, Prime Minister Sergey Stanishev said at the opening of a …

Athens. Greek Prime Minister Costas Karamanlis will try to regain his popularity rating and put an end to the claims about early elections by paying a series of visits abroad over the next two months. On March 18-19 he is to visit Belgian capital to attend the regular session of …

Bulgaria’s Prime Minister Sergey Stanishev will hold a working meeting Monday to discuss a supplementary plan for judiciary reforms, combat against corruption and organized crime. The meeting will focus on the measures and policies to be taken by the government to supplement its action plan and will be attended by …