Greek Prime Minister Lucas Papademos declared on Friday that Greece could need a 3rd bailout package. This might happen if the austerity measures will not stabilize the economy and restore market confidence. “Greece will do everything possible to make a third adjustment program unnecessary. It cannot be excluded that some …

A new political party in Albania wants unification with Kosovo. The party was registered in Tirana recently and is called Red-Black Movement. The movement is expected to pass a strategy for unification of Albania and Kosovo in May. The party criticises Tirana’s policy towards Kosovo, saying that Prime Minister Sali …

For the first time Moldova is to organise a NATO week that will start on April 2. Foreign volunteers, representatives of the Moldovan authorities and members of the US embassy will attend the event. The event will present a photo exposition and discussion in the frames of the initiative are …