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Rosneft: Ambitious Plans
Russion oil producer intends to increase its shareholder value by 60 % in the next two years.
April 26, 2013
Austria: Faymann Betrays Ignorance
Chancellor Faymann claims not to have known about the controversial letter which has reached the media yesterday. He fears that Austria would now become a “laughingstock”.
April 26, 2013
Austria: Four Conditions For Commission In Return for Bank Secret
In a letter to Tax Commissioner Semeta Austrian Finance Minister Fekter and Chancellor Faymann set the conditions for the agreement of a negotiation mandate with third countries about the exchange of information.
April 25, 2013
Poland: Audit at Oil and Gas Company PGNiG
Poland’s new Treasury Minister Wlodzimierz Karpinski announced on Wednesday to carry out an urgent audit at Polish state-controlled oil and natural gas company PGNiG.
April 25, 2013
Poland to Support Serbia's European Integration
Dacic and Tusk agreed on improving cooperations, enhancing bilateral trade and increase Polish investments in Serbia.
April 25, 2013
Czech Republic: Schwarzenberg Threatens to Leave Government
Statements made by Czech President Milos Zeman concerning the dispute about the appointment of ambassadors during his recent visit in Vienna, have incensed Czech Foreign Minister Karel Schwarzenberg.
April 24, 2013
Hungary: New Political Competition For Orban
Former Finance Minister founds “conservative, pro-European” party.
April 23, 2013
Hungary: MNB Cuts Interest Rate by 0.25 %
The Central Bank of Hungary (MNB) has cut interest rates by a quarter percentage point for the ninth month running.
April 23, 2013
Spindelegger: "Brave Agreement Between Serbia and Kosovo Important Sign of Liberation for Entire Region"
Win-win agreement should now quickly be implemented to the benefit of the people. The EU will have to deliver on its promise
April 23, 2013
Putin: Stimulus Package for Russian Economy
Because of the present stagnation Putin demands a stimulus package for Russian economy.
April 22, 2013
EU Accession Date for Serbia Voted on Today
On Friday, heads of Serbian and Kosovar government Ivica Dacic and Hashim Thaci have come to an agreement under the the special guidance of EU Commissioner for Foreign Affairs Catherine Ashton.
April 22, 2013
Czech President to Visit Austria
New President of the Czech Republic Milos Zeman is going to visit Austria with his wife Ivana Zemanova on Tuesday and Wednesday.
April 22, 2013
Serbia: Agreements in Kosovo Negotiations
Commissioner Ashton announced that both countries have found an arrangement.
April 19, 2013
Schwarzenberg: „Slovenia Joining V4 Would Not Be Efficient“
V4 Foreign Ministers have declared disapprobation of Slovenia joining the group.
April 19, 2013
Belgrade: Ready to Accept Agreements
Ninth round of Belgrade-Pristina dialogue ended with no agreement
April 18, 2013
Heated Debate in EP About Hungary
On Wednesday, the European Parliament has lead a heated debate concerning the controversial amendments to the Hungarian constitution.
April 18, 2013
Croatia Looking at EU Through Rose-Tinted Glasses
On July 1, Croatia will be joining the EU as 28th member state. Croatia is the first country after the economic crisis to become a member of the Union.
April 17, 2013
Slovenia to Emerge From Quagmire By Itself?
A recent report by the OECD paints a dim picture of the country’s economic future.
April 17, 2013
„Unlawful“ Farming in Hungary
The estimated 200 Austrians, who are engaged in agriculture in Hungary, are apparently not highly esteemed by Hungarian Prime Minister Viktor Orban.
April 16, 2013
Lithuania Supports Serbia's European Integration
Butkevicius said that Dacic’s visit to Vilnius is an encouraging and positive change in relations between the two countries.
April 16, 2013
Slovenia to Sell Two State Enterprises
On a press conference on Friday, Prime Minister Bratusek announced the selling of two state-owned companies, one of them being a bank.
April 13, 2013
EU Threatens Hungary With Process
The EU Commission has warned Hunary with a lawsuit in case the government in Budapest should not withdraw the controversial amendmends to the consititution.
April 12, 2013
Ukraine: Yanukovych Rejects Pardoning Tymoshenko
President Yanokovych does not consider a pardoning as long as trials continue.
April 11, 2013
Serbia: Vucic „Deeply Disappointed“
Serbian First Deputy Prime Minister Aleksandar Vucic has given up hope for a new date in June for the beginning of EU accession negotiations. Russian Prime Minister Medvedev expressed support.
April 11, 2013
Poland: Protests At Day of Commemoration
Protesters assembled in Warsaw yesterday to demonstrate against the Russian government that still has not released the evidence
April 10, 2013
Hungary: Commissioner Reding’s Reactions to Allegations
EU Justice Commissioner and Deputy President of the EU Commission Viviane Reding has reacted to the accusations of the Hungarian government.
April 10, 2013
Estonia and Russia to Enhance Relations
At a meeting on April 5 in St. Petersburg, Estonian Prime Minister Andrus Ansip and his Russian counterpart Dmitry Medvedev focused on the chance of reinforcing cooperations.
April 9, 2013
Slovakia: Barroso and Fico Examine Effective Use of EU Funds
Barroso pointed out his interest in avoiding losses for Slovakia. Experts are supposed to examine the effective use of funds and Slovakia’s financial engagement.
April 9, 2013
Gazprom to Be Joined By Shell
Russian energy giant Gazprom and British-Dutch oil producer Shell announced cooperation.
April 9, 2013
Austria About to Lose Fiscal Secret
The Austrian government declared to negotiate with the EU about the abanonment of the fiscal secret.
April 9, 2013
Commission Criticizes Austria on Keeping Bank Secret
EU Tax Commissioner Algirdas Semeta considers Austria’s position to hold on to the bank secret and unwilligness to reform as “impossible”.
April 9, 2013
Russia to Contribute to Cyprus Aid-Package
President Vladimir Putin has announced that Russia will contribute to rescue-package for Cyprus.
April 8, 2013
Montenegro: President Vujanovic Declared Winner of the Election
Up to now President Filip Vujanovic has declared himself as the winner of the election two hours after the closing of the polling stations.
April 8, 2013
Barroso: „Existantial Crisis is Over“
President of EU Commission Jose Manuel Barroso came to Vienna to meet with Austrian Chancellor Werner Faymann and Foreign Minister Michael Spindelegger.
April 6, 2013
Czech President Zeman Wants Slovenia As 5th Visegrad Member
The proposal made by Czech’s president Milos Zeman does not arouse enthousiasm among Slovak citizens.
April 6, 2013
Turkey’s Hopes of a Reunited Cyprus
The financial crisis in Cyprus is, according to Turkish President Abdullah Gül, an important opportunity to overcome the seperation of Cyprus.
April 4, 2013
New opportunities for Lithuanian and Turkish business
Lithuanian President Dalia Grybauskaitė together with Turkish leader Abdullah Gül opened the Lithuania-Turkey business forum.
April 4, 2013
Poll: Estonians Want Economy Minister to Resign
56 % of Estonian citizens want the Economy Minister Parts to step down.
April 3, 2013
Romania: Ponta Endorses Regionalization
Regionalization, which is encompassed in the constitutional reforms, is supposed to help improve the administrative situation in Romania.
April 3, 2013
Cyprus: Prone to Recession
Despite of the bail-out package, the country is threatened by a deep recession in the coming two years.
April 3, 2013
Macedonia: Fresh € 100m for Business Sector from EIB
The Macedonian government plans to provide fresh EUR 100 million loan, with 5.5% interest rate, as support to the business sector.
April 2, 2013
Referendum in Poland about Joining Eurozone
Last week, Prime Minister Donald Tusk offered a vote on a referendum about the adoption of the Euro in Poland. A simple majority needed for a decision could settle the issue.
April 2, 2013
Green’s Fear of Russian Black Money in Austria
Once more, the Austrian Greens insist on a reform of the bank secrecy.
April 2, 2013
Cyprus: Finance Minister Steps Down
According to reports by the media, Finance Minister of Cyprus, Michael Sarris will be replaced.
April 2, 2013
Cyprus: Anastasiades Comes Under Suspicion
President Nikos Anastasiades is in dire straits as he is accused of having transferred huge amounts of money to foreign countries and having warned relatives. In the meantime, the austerity package is almost set.
April 2, 2013
Slovenia: “We Will Need No Bailout This Year”
Since Greece, Spain and Cyprus are currently finding themselves in disastrous economic situations, Slovenia does not want to seem like the next bail-out candidate.
March 30, 2013
Cyprus: 37.5 % Only The First Cut
Assets will be burdened much higher than assumed. Apart from the mandatory levy of 37.5 % a further amount of 22.5 % will be frozen in.
March 30, 2013
Serbia: Financial Underhand Practices Discovered
Financial underhand practices had lead to losses of € 700m for the Serbian state.
March 30, 2013
EVN to Get Support by State Secretary
State Secretary Lopatka intervened in EVN’s dispute with Bulgarian government. He urges Bulgaria to ensure protection of investments.
March 29, 2013
"Croatia is Paving the Way for the Entire Balkans"
Austria’s Vice Chancellor advocates the commission’s assessment and is looking forward to welcoming Croatia as a new EU member.
March 29, 2013
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