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  • February
  • Pence, Juncker affirm US-EU cooperation during meeting

    Kathy Adams | Feb 23, 2017

    Vice President Mike Pence visited European Commission President Jean-Claude Juncker in Brussels this week to discuss relations between the European Union and the United States.

  • Is Bulgaria Percolating Its Own Magnitsky Case?

    Balkan Business Wire | Feb 24, 2017

    On Feb. 20, Moscow’s Tsverskoy District Court issued a new arrest warrant in absentia for William Browder, UK citizen and CEO of Hermitage Capital Management, a major investment firm he co-founded in Russia in 1996.

  • METKA to build gas turbine power plant in Libya

    Kathy Adams | Feb 24, 2017

    METKA has been selected by the General Authority for Electricity and Renewable Energy of Libya (GAEREL) to design and build a new power plant in Tobruk, Libya.

  • Three Piraeus Bank board members resign to take on new roles

    Kathy Adams | Feb 24, 2017

    Three members of the Piraeus Bank board of directors have resigned.

  • Trade Facilitation Agreement reaches threshold, goes into effect

    Kathy Adams | Feb 24, 2017

    The Trade Facilitation Agreement (TFA), a key multilateral trade agreement, is now in effect after reaching a threshold of 110 World Trade Organization (WTO) members needed for it to take effect.

  • Greek profits from inbound travel up significantly in December compared to 2015

    Kathy Adams | Feb 27, 2017

    Greek earnings on travel into the country were up significantly in December compared to the same month in 2015.

  • Greece posts primary budget surplus of over $1 billion in January

    Caitlin Nordahl | Feb 27, 2017

    In January, Greece managed a primary surplus of $1.07 billion, well above the target of $709.7 million thanks to increases in certain taxes, including corporate taxes, direct taxes and VAT on oil and tobacco products.

  • BVB highlights double-digit growth in key indices

    Caitlin Nordahl | Feb 27, 2017

    The Bucharest Stock Exchange (BVB) recently highlighted promising market growth that has seen the BET and BET-TR, two key indices, soar by 13.4 percent in the past eight weeks, with the BET recently hitting its highest values since January 2008.

  • European Commission assessments show most member states improving economically

    Caitlin Nordahl | Feb 27, 2017

    The European Commission recently released its European Semester 2017 assessment, suggesting that many European Union countries have improved economically in the past year.

  • Bulgaria, Serbia work toward creating gas pipeline interconnect

    Justin Stoltzfus | Feb 27, 2017

    A proposed gas pipeline moving some 1.8 million cubic meters of natural gas per year from Bulgaria to Serbia linking the Bulgarian capital, Sofia with the Serbian city of Nis could have a beneficial impact on local economies and help the two nations to be less reliant on Russian oil.

  • Montenegro government feels backlash over financing plan

    Justin Stoltzfus | Feb 27, 2017

    Montenegro opposition parties are responding negatively to a plan by the government of Prime Minister Dusko Markovic to adopt a draft budget for this year that would include new loans to cover a shortfall of about $481 million.

  • Tesseract experienced highs and lows in the Balkan tech world

    Justin Stoltzfus | Feb 28, 2017

    A video gaming company based in Bulgaria has now closed its doors, but up until under a year ago, Tesseract Interactive was hard at workbuilding the future of high-tech gaming.

  • Banca Intesa offers special loan plan for farmers

    Kathy Adams | Feb 28, 2017

    Banca Intesa is offering a special loan geared toward helping agricultural projects as the spring planting season nears.

  • SCV joins seed round for sales-acceleration provider Cognism

    Caitlin Nordahl | Feb 28, 2017

    South Central Ventures (SCV) is the latest international investor to participate in a $500,000 seed round for UK and Macedonian startup Cognism, which has created innovative solutions for organizations to give customers with efficiency and privacy.

  • European Commission plans to send over $110 million in aid to Africa's Lake Chad region

    Kathy Adams | Feb 28, 2017

    The European Commission plans to offer $111 million in humanitarian aid to Africa's Lake Chad region this year.

  • Cvijanovic offers condolences following death of Russian ambassador to the UN

    Caitlin Nordahl | Feb 28, 2017

    Following the recent death of Vitaly Churkin, Russia's ambassador to the United Nations, Republic of Srpska Prime Minister Zeljka Cvijanovic recently offered her condolences.

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