Albania to Emit €300 Million in Eurobonds

The Albanian Ministry of Finance has opened a tender for a bond management company in a bid to emit 300 million in euro denominated bonds.

Skopje To Get Elite Residential Complex

The Austrian based real estate development and investments company Soravia Group has started building a 30 million euros elite residential settlement on the slopes of Vodno Mountain, close to the centre of the Macedonian capital Skopje.

EU Unblocks Serbia Interim Trade Agreement

EU foreign ministes meeting in Brussels Monday evening agreed to unblock Serbia’s interim trade agreement, paving the way for the country to apply for EU candidacy status.

Albanians Optimistic Despite Economic Crises

The majority of Albanians believe things have deteriorated during the last 12 months but remain optimistic about the future, a new survey conducted by the Tirana based Monitor Research Center reports.

Albania Raises Overflight Charges

Albania is expected to be one of the 19 out of 34 European countries to raise overflight charges for airlines in 2010, a proposal which has been sharply criticized by the International Air Transport Association, IATA.

Importing Lignite into Coal Rich Kosovo

Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estimates that the newly independent country sits on the world’s fifth largest reserve of the fuel.

Corruption in Balkans Hinders Investments

The 2009 corruption perception index released by the Berlin-based watchdog Transparency International shows that most countries in the Balkans have not improved their position in the global anti-corruption index.

Albania Oil Tycoon Arrested for Assault

Albanian controversial oil magnate Rezart Taci handed himself over to police in Tirana on Thursday, after the local district court ordered his arrest following charges of assault over the beating of local publisher, Mero Baze.

EC Pans Albania’s Custom Reference System

The European Commission, EC, has criticized the reference prices system used by the Albanian Custom Administration to tax imported goods, saying that such system is not in line with EU standards.

EBRD Provides Loan to Leading Montenegrin Retailer

The European Bank for Reconstruction and Development, EBRD, is boosting competition in the Montenegrin retail sector by providing a €4.2 million loan to the country’s leading retailer Voli Trade.