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.

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.

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

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.

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.

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

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.

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

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.

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.

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.

The Republic of Srpska's prime minister and government officials met with trade union representatives this week to discuss paying debts to budget beneficiaries, according to a report on the government's website.

Luka Koper recently unveiled the new rail-mounted gantry (RMG) crane rails at its container terminal, the latest improvement to the terminal that will see $248.31 million in investments by 2020.

The Petrol d.d., Ljubljana Supervisory Board recently approved an audited annual report of the Petrol Group and Petrol d.d., Ljubljana, which shows a successful performance last year, resulting in an 11 percent increase in net profit.

On February 5, more than half a million Romanians took to the streets in defiance of their government's move to decriminalize corruption offenses.

Euroins Insurance Group recently released its sales figures for January, which reveal a nearly 47 percent growth in premiums to $27.59 million from $18.81 million in January of last year.

UniCredit recently reached an agreement with the Italian trade unions over its Transform 2019 plan, which includes 3,900 full-time equivalent redundancies, following similar negotiations with trade unions in Germany and Austria.

The Bucharest Stock Exchange (BVB) recently launched Made in Romania, a new initiative that will identify and guide 15 emerging, innovative Romanian companies chosen based on their potential to promote overall growth in the country’s economy.

BRD Group's net profit rose to $178.38 million in 2016, up more than 63 percent from the previous year.

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