Western Balkans

Greek Banks Want to Leave Western Balkans

According to “Kathimerini”, the exit of Greek banks froms the Western Balkan region is a difficult undertaking.

October 29, 2013

Serbia: Privredna Banka to Face Bankruptcy Proceedings

National Bank of Serbia annuls the operating license from Privredna banka. Bankruptcy proceedings are ahead.

October 29, 2013

Albania Fighting NPLs

The Bank of Albania discusses introducing a policy for reducing non-performing loans and enhance lending.

October 28, 2013

Albania: World Bank Satisfied with Progress

Piero Cipollone, Executive Director of the World Bank Group visited Albania from October 21-22, 2013. In his role as Executive Director, he represents Albania’s interests as a shareholder on the World Bank’s Board.

October 25, 2013

“We Need to Pull Down the Iron Curtain in Our Heads“

In an interview with Austrian daily “WirtschaftsBlatt“ Johannes Seiringer, Director of the Austrian office of the European Bank for Reconstruction and Development (EBRD) calls for incentives for enterprises to continue investing in CEE.

October 24, 2013

Serbia Wants to Become Full EU Member Asap

The Western Balkan is serious in building a relationship with the European Union.

October 23, 2013

Uniqa to Aquire Western Balkan Insurance Companies

Listed insurance company Uniqa will take over Croatian and Serbian affiliates of Swiss insurance group Baloise (Basler) to strengthen its market position in the Western Balkan states.

October 22, 2013

Hypo Group Reigned by Greed and Criminal Activities

In an interview with Austrian daily “Standard“ forensic expert of nationlized Hypo Group Christian Böhler revealed that former managers of the bank enriched themselves personally.

October 21, 2013

Bulgaria Supports Trans Adriatic Pipeline

During yesterday’s world media meeting, on behalf of his country Bulgarian President Rosen Plevniev expressed his support of the Trans Adriatic Pipeline project (TAP).

October 16, 2013

Austrians Opposed to EU Enlargement

According to a survey, the majority of Austrians are opposed to an EU Accession of Turkey and Western Balkan States.

October 16, 2013

Albania: Economic Growth below Potential

Structural reforms are needed to boost productivity and competitiveness and avoid weaknesses, according to the International Monetary Fund (IMF).

October 15, 2013

FriedlResearch has Published the Q3-2013 Company Report of Erste Group Bank AG

This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.

October 8, 2013

Serbia Gets Support by Former Italian Foreign Minister

On its path to EU integration, Serbia gets further well-known support.

October 8, 2013

New Economic Strategy for SEE

On Tuesday, economic experts held a meeting in the Albanian capital Tirana to examine a draft strategy for development and employment in the SEE region until the year 2020.

October 2, 2013

Serbia: Minor Growth of GDP

Serbia's real GDP growth in second quarter of year stands at 0.2%

October 1, 2013

Serbia’s EU Accession Talks to Start in January 2014

Talks on Serbia's EU accession to start no later than January.

October 1, 2013

Head of Slovenia’s Chief Bank Arrested

Janko Medja, manager of Slovenia’s most important bank NLB, was arrested because of suspicion of corruption.

September 20, 2013

Croatia: No End of Recession in Sight

For the seventh quarter in a row, Croatia´s GDP was down. The main problem is the weakening domestic consumption and the high unemployment quota.

September 19, 2013

EU Commissioner Füle Encourages Albania

EU Commissioner Štefan Füle discusses Albania's path to EU with new PM

September 18, 2013

Barroso: “Albania’s Future Is in The European Union”

President of the EU Commission Barroso is confident about Albania’s commitment.

September 17, 2013

Gazprom to Team Up With Macedonia

Russian energy giant Gazprom is interested in cooperating with FYR Macedonia.

September 17, 2013

Croatia, Slovenia and Italy in Favor of Closer Cooperation

Italian, Croatian and Slovenian PMs push for stronger cooperation.

September 16, 2013

Turkish Dogus Group Not Interested in Hypo Alpe Adria

A high-ranking representative of Turkish Dogus Group denied that the corporation was interested in taking over Austrian bank Hypo Alpe Adria. In an interview with “Wall Street Journal” he claimed there had been no negotiations with Hypo.

September 10, 2013

Serbia: Plans to Reform Pension System

Serbia plans reform of pension system by year end.

September 9, 2013

World Economic Forum: Competitiveness of Western Balkans

Former Yugoslav countries and their competitiveness according to the World Economic Forum annual report.

September 6, 2013

Serbia: UK Enterprises Likely to Invest in Serbia

70 British companies are interested in investing in Serbia's economy.

September 6, 2013

Serbia: SAA Agreement with EU in Effect

SAA agreement between EU and Serbia is now in effect.

September 3, 2013

Serbian Parliament Approves Cabinet Reshuffle

The Serbian parliament has approved a profound reshuffle of Prime Minister Ivica Dacic’s cabinet.

September 3, 2013

Romania Claims Compensations for Nabucco

Romania claims EU compensation for abandoned Nabucco project.

August 29, 2013

EU Commission: EU Integration Important for Macedonia

"EU integration continues to be important to all political parties in FYR Macedonia" - Füle

August 27, 2013

Former Austrian Chancellor to Counsel Serbian Government

Former Austrian Chancellor Alfred Gusenbauer (SPÖ) was invited by the Serbian government to advise and support it on their path to the European Union.

August 21, 2013

Austria: Kranebitter to Leave Hypo Group

After three and a half years, Gottwald Kranebitter steps back as CEO of nationalized Hypo Alpe Adria. Tax payers are left with a burden running in the billions in the years to come.

August 19, 2013

Significant Increase in Serbian Exports

Serbia's exports rose 6% and imports 4.1%.

August 1, 2013

Summit of Former Yugoslav Countries

Balkan leaders meet to support EU Accession.

July 26, 2013

Erste Group Bank AG - SWOT Analysis & Company Report

This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.

July 12, 2013

Serbia to Invest € 10bn in Energy Sector

Serbia will invest € 10 bn in the development of the energy sector in the next eight years.

July 12, 2013

Russia to Support Serbia Financially

Russian government paid $300 million of financial support to the budget of Serbia.

July 11, 2013

Hypo: Greens vs. Fekter

The debate about a Hypo Group has turned out a genuine match between deputy chief of the Austrian Green Party Werner Kogler and Finance Minister Fekter.

July 4, 2013

CEE Slowly Escapes Economic Crisis

Slovenia, Croatia and the Czech Republic have slipped into recession. Experts are particularly worried about the newest EU member.

July 4, 2013

Croatia To Issue Licenses for Exploration of Oil and Gas

Croatia plans to issue lucrative concession for the production of oil and gas from 2014 on.

July 2, 2013

Hypo Group: CEO Kranebitter Steps Back

Kranebitter announced to stay until the half-year accounts are published. On Monday it became known that the ailing bank will in all likelihood require more state aid than planned.

July 2, 2013

Hypo Group: CESEE Units to be Sold Until Mid-2015

The threatened compulsory sale of nationalized Hypo Alpe Adria Group by the EU Commission until the end of this year, was, according to information by the Finance Ministry, fended off. An additional burden of € 2bn might await the Austrian taxpayers.

July 1, 2013

EU Accession Talks With Serbia Around the Turn of the Year

The EU Ministers for Foreign and European Affairs agree that EU Accession negotiations with Serbia should commence around the turn of the year.

June 25, 2013

Spindelegger: "Clear Signal for Serbia and Kosovo Expected from EU Summit at End of June"

Austrian Vice-Chancellor with Prime Ministers of Serbia and Kosovo at the Europaforum Wachau conference; clear commitment for EU expansion in the Balkans

June 19, 2013

Russia Pays Off Debt to Serbia and Slovakia

On Tuesday, the Russian Finance Ministry announced that the country has paid off a $ 2bn debt remaining from the Soviet era to Serbia and Slovakia.

June 19, 2013

Croatia’s EU Accession as a Chance For Austria

Soon, there are more than 1,000 Austrian businesses operating in Croatia and the volume of trade is supposed to increase.

June 18, 2013

Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"

State Secretary Lopatka on DARUM EUROPA information tour.

June 18, 2013

Macedonia to Join South Stream Pipeline Project

Contracts will be signed next week in St. Peterburg.

June 12, 2013

United States Will Always Keep Its Eye on the Balkans

Montenegro's Prime Minister Milo Djukanovic met with Deputy Assistant Secretary of State for European and Eurasian Affairs Philip Riker.

June 10, 2013

Bosnia and Herzegovina Accelerates WTO Membership Negotiations.

Chairperson Major explains that Bosnia and Herzegovina has entered final lap of accession procedure.

June 10, 2013
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