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Romania’s Nuclearelectrica 2020 Net Profit Up 28%

Nuclearelectrica, the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said on Thursday that its net profit rose 27.8% on the year to...

Commission Launches The Secretariat Of A New Initiative For Coal Regions In The Western Balkans

The Secretariat of a new initiative to help coal regions in the Western Balkans and Ukraine transition away from coal towards a carbon-neutral economy has been...

Albin Kurti And His Left-Leaning Coalition Won Victory In Kosovo

Albin Kurti and his left-leaning coalition won a victory in Kosovo’s national election on February 14 — less than a year after he was...

Peter Stano: The Decision Of Kosovo On The Embassy In Jerusalem Is Regrettable

Brussels reminded Pristina that all the bloc's embassies are located in Tel Aviv The European Union warned Kosovo on Tuesday that its decision to locate...

The EIB Group Boosts Financing For The Western Balkans In 2020

As presented at a press conference today, the European Investment Bank Group (EIB) invested €873 million in the Western Balkans in 2020, increasing its financing...

Serbia’s EMS Acquires 5% Of Shares Of Montenegrin Power Transmission System

Transmission system operator (TSO) Elektromreža Srbije acquired 5% of the shares of Montenegrin TSO Crnogorski Elektroprenosni Sistem (CGES) for about EUR 7 million. EMS now...

Croatia’s LNG Terminal Starts Commercial Operation

Croatia’s first liquefied natural gas (LNG) import facility has started commercial operations on January 1, right on schedule. The company that developed the import facility, LNG...

Romanian PM Promises More Aid To HoReCa

Romanian prime minister Ludovic Orban said he favored extending the technical unemployment benefits to the firms subject to operating restrictions due to the pandemic...

Oil And Gas Industry Commits To New Framework To Monitor, Report And Reduce Methane Emissions

In a move that will help tackle one of the biggest and most solvable contributors to the climate crisis, major players in the oil...

EBRD To Boost North Macedonia’s EU Accession Drive

EBRD to support North Macedonia towards EU accession with concrete actions Mix of policy engagement, technical assistance and investment Focus on strengthening private...

Western Balkans Summit in Sofia

Important Steps Taken to Advance Regional Cooperation to Boost Socio-economic Recovery and Convergence with the EU The European Commission welcomes the commitment expressed today at...

North Macedonia Rewards COVID Fighters With Double Salary

Prime Minister of the North Macedonia Zoran Zaev has shared on his Twitter account that Macedonia will reward double salary to the medics and...

European Day Of Justice: Further Efforts Taken To Strengthen The Independence Of Judiciary In Serbia

On the occasion of the European Day of Justice – 25 October 2020, the Council of Europe Office in Belgrade and the EU Delegation...

Common Market To Bring Common Ground In The Western Balkans

European Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, opened today’s discussion on the perspectives and approaches towards the region of the Western Balkans by...

Western Balkans Regular Economic Report: Fall 2020

A semi-annual report on recent economic developments and economic policies in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia)....

Richard Grenell: Serbia-Kosovo Agreement Results From Trump’s Different Brand Of Diplomacy

President Aleksandar Vučić of Serbia and Prime Minister Avdullah Hoti of Kosovo took an enormous step toward a long-term resolution of their historic conflict...

Agreement On Normalisation Of Economic Relations Between Belgrade And Pristina Signed

President of Serbia Aleksandar Vucic and Prime Minister of the Provisional Institutions of Kosovo Avdullah Hoti signed an Agreement on the normalisation of economic...

Montenegro

Montenegro Election: First Projections Point To A Tight Race

In Montenegro, the ruling DPS was nearly neck-and-neck with its main rivals, according to early and incomplete projections of the Sunday vote.  The first projection...

Slovenia

Gorenje To Hire 600 Temp Workers Due To Surge In Orders

Slovenian home appliance manufacturer Gorenje is hiring some 600 temporary workers to cope with a record number of orders. Orders until the end of...

Croatia

10 Million Euro Solar Power Plant Being Constructed

In the area of Lika-Senj County, Croatia, the construction of a stand-alone photovoltaic power plant worth a massive 10 million euros will soon begin,...

Bosnia & Herzegovina

Moody’s Affirms Bosnia ‘B3’ Rating

Moody’s Investors Service said it has affirmed Bosnia and Herzegovina’s B3 long-term issuer ratings and stable outlook. Structural challenges continue to weigh on the...

Montenegro

Strategy For The Development Of Maritime Economy Adopted

The Government of Montenegro, at the proposal of the Ministry of Transport and Maritime Affairs, has adopted the Strategy for the Development of the...

Binding Verdict In Favour Of ABC Serbia

After a process lasting eight years, the High Commercial Court of the Republic of Croatia has brought a binding verdict that obliges the Audit...

Montenegro Building Hydroelectric Power Plant Without Asking Serbia For Permission

The state of Montenegro, judging by the 2020 Concession Plan for the use of watercourses to develop hydroelectric power plants, this year intends to...

Croatia’s Ruling Conservatives Win Parliamentary Election

The conservative Croatian Democratic Union (HDZ) party has consolidated its power in Croatia after winning 66 seats in the country's 151-seat parliament following today's...

Bulgaria’s Varna Public Transport Opens 34.8 Mln Euro Tender For New E-buses

Bulgarian company Public Transport - Varna has launched a tender for contracts for the delivery of a total of 60 new electric buses and...

Richard Grenell: Belgrade-Pristina Dialogue Continues On 27 June

The US Special presidential envoy for Serbia and Kosovo peace negotiations, Richard Grenell, announced on Twitter that the dialogue will continue at the meeting...

First Ever EASA Certificate For Electric Airplane Obtained By Slovenia’s Pipistrel

Slovenian light aircraft manufacturer Pipistrel announced that its Velis Electro two-seater has become the world’s first fully-electric aeroplane to receive certification by the European...

Croatia’s Plan To Introduce Shorter Workweek

Croatia has adopted measures to shorten the workweek, and the state would co-finance one working day, up to 4,000 kunas per worker, according to...

Montenegro Signs Helicopter Delivery Deal With Canada’s CCC

Montenegro's defence ministry has signed a 3.3 million euro ($3.7 million) agreement with Canadian Commercial Corporation (CCC) for the delivery of two Bell 505...

Belgrade Welcomes Pristina’s Decision To Repeal Measures

Prime Minister Ana Brnabic today welcomed the decision of Pristina to abolish the measures that hindered the entry of Serbian goods into Kosovo-Metohija. During her...

Kosovo Parliament Taps Avdullah Hoti As Prime Minister

Avdullah Hoti has emerged as Kovoso's new centre-right prime minister, promising a "final deal" with Serbia. His predecessor Albin Kurti was toppled in March...

Current Issues

News

Mining Represents The Future Of Serbia

In a drive to increase the share of mining's contribution to the country's GDP from 1.9 to 3.5 per...

Serbia-Bulgaria Gas Interconnection Important For Whole Region

Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic talked today during her working visit to the...

Europe And COVID-19 Vaccination Passports

European Union leaders moved closer on Thursday to an agreement on certificates showing that citizens have been vaccinated against...

AmCham Elects New Board Members

Annual HERO Award honours health workers, true heroes of today’s world At today’s General Assembly Meeting, members of the American...

Romania’s Nuclearelectrica 2020 Net Profit Up 28%

Nuclearelectrica, the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said on Thursday that its net profit rose...