Davutoglu: Turkey and Azerbaijan have agreed to complete the TANAP before 2018.

Ankara Anatolia news agency (03.12.15) reported that Turkish Prime Minister Ahmet Davutoglu said on Thursday that Turkey and Azerbaijan have agreed to complete the Trans-Anatolian Natural Gas Pipeline Project (TANAP) before 2018. ... More


HGK expects further increase in investments this year

Investments in Croatia increased to HRK 46.6 billion in 2014, according to the latest figures from the National Bureau of Statistics, and the Croatian Chamber of Commerce (HGK) expects this growth to continue this year as ... More


Bulgaria wins again prize of most attractive outsourcing destination

Bulgaria won again the prize of most attractive outsourcing destination for business services and information technologies. This time the award was bestowed by the British National Outsourcing Association at an official ceremony ... More


Bulgarian economy: gaining or losing from Russia-Turkey crisis?

When two great powers spoil their relations, smaller countries incur losses as well. Will this turn out to be true about Bulgaria in the context of a major conflict that broke out between Russia and Turkey, old adversaries but in ... More


Fitch Affirms Bulgaria'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''

Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB-' and 'BBB', respectively with stable outlooks. The issue ratings on Bulgaria's senior unsecured foreign and local ... More


French start-up company to open office in Bulgaria

The French start-up company for virtual trade of services StarOfService is planning to open an office in Bulgaria in 2016. The company launched a platform which links professionals in various fields with clients who need various ... More


10 million EUR worth Investment from Qatar: Construction of the Center to start

Construction of the sports-recreation and tourist center at Rostovo near Bugojno, worth around 10 million EUR, have started. Works, which should be completed by the 15th of June next year, are managed by the company “Biser ... More


The EU Floods Recovery Programme to create 5,500 jobs

The EU Floods Recovery Programme today launched the second phase of support for small and medium enterprises (SMEs) affected by the May 2014 floods, to enable them to re-establish and further increase their pre-floods ... More


Highways of FB&H presented the Project to Chinese Investors

At the recent summit of the 16 countries of Central and Eastern Europe and the People’s Republic of China and on the bilateral meetings with representatives of the Chinese Government, the Director of Highways of FB&H Jasmin ... More


The Growth of Foreign Investments and reducing of Unemployment in B&H by 2018

After the expected economic growth of 2.5 % this year in B&H, in the upcoming year this rate should be amounting to 3.1 %, as stated in the latest report by the Directorate for Economic Planning of B&H. It is expected that the ... More


Albanian Gov'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''

A legal row over tax payments between the government of Albania and Canadian-based Bankers Petroleum Ltd. has escalated, with the oil company threatening to cut production. Albania's tax department last month froze the ... More


FCA Serbia, Smederevo steel mill, Tigar Tyres top exporters

FIAT Chrysler Automobiles (FCA) Serbia's exports amounted to over EUR 1 bln between the beginning of the year and late October, with the company clinching the top spot on the list of the country's biggest ... More


Memorandum of Cooperation for construction of Adriatic-Ionian motorway signed in Beijing

Minister of Transport and Maritime Affairs Ivan Brajović signed earlier today a Memorandum of Cooperation between the Ministry of Transport and Maritime Affairs of Montenegro, the Ministry of Transportation and Infrastructure ... More


Japan to grant around USD 2.7 million to Serbia, FYRMacedonia

The government of Japan has decided to grant around USD 2.7 million for protection of refugees in Serbia and FYRMacedonia from cold weather. The grant will be released through UNHCR activities, the Japanese embassy in Belgrade ... More


Athens and Piraeus control world’s biggest fleet in terms of value

Shipping companies based in the neighboring Greek cities of Athens and Piraeus control 4,538 ships valued at a total of $86.7 billion. This is making Athens-Piraeus the No 1 shipping center in the world based on the value of ... More


Andreas Andreadis:Int’l terrorism hurts tourism in Greece too

Fears in the international travel community of more terrorist attacks against European or other destinations has led to a stagnation in Greek tourism. The head of the Association of Hellenic Tourism Enterprises, Andreas ... More


Ambassador Ferguson on the Growth, Jobs and Fairness in B&H

Wherever I go in Bosnia and Herzegovina, I try to seek out ordinary citizens, particularly young people, and to talk to them about the new EU strategy, and the Reform Agenda that has come from it. From all these conversations, ... More


Determining the Border of B&H: what are the Problematic Areas?

B&H Borders faktor.baRatification of the Agreement on the border with Montenegro resolved only a smaller portion of problems. Negotiations still have to be made with Serbia and Croatia. Defining the borders with neighbouring ... More


Albania: 1% of companies own 50% of market

A recent survey of the Institution of Statistics shows that only 1% of businesses have almost half of the activity in economy. These big corporates, mainly private but also public, like the Energy Distribution Operator, Energy ... More


Euro-Terror virus infects Greek Online Opinion

Greek online opinion strongly condemned the deadly Paris terror attacks expressing sentiments of fear and anxiety. The Islamic State of Iraq and Syria (ISIS) declared war in Europe forcing European leaders to take actions against ... More