Eleven years after embracing capitalism, Belgrade has cancelled almost 30 per cent of all privatisation deals because of corruption or mismanagement. Yet the system remains open to abuse.
Employers across Europe have read workers’ private emails and chat conversations by illegally using secret computer surveillance software; in Romania employees claim bosses have used private information gained to blackmail and bully them.
Energy Secretariat in Vienna (ECS) opened dispute settlement proceedings against Albania for non-compliance with the Treaty for the creation of the Energy Community, a letter sent to the Government of Albania in 7 October shows.
Weekly news report is a service of Albanianeconomy.com to offer a short review of the major events occurred during the week. It is published on Monday and includes the events occurred in the previous seven days.
Serbian President Boris Tadic and Benetton Group President Luciano Benetton were in Nis on Tuesday, where the Italians acquired local textile maker Nitex for three million euros.
The International Monetary Fund announced on Wednesday that had interrupted the Stand-By Arrangement with Kosovo due to the Kosovo’s government decision to carry on with its spending programme.
“An 18-month Stand-By Arrangement (SBA) approved by the IMF Executive Board in July 2010 was interrupted in 2011,” the IMF announced in Pristina. IMF,
Bucharest says it will soon decide whether to stick to a 2015 deadline to adopt the single currency, or wait for the economy to improve.
Latest Energy Regulatory Agency report says electricity prices are forced up by ‘rampant’ theft and technical losses, all of which should be avoidable.
Some mobile phone companies in the region are charging customers using roaming calls almost 30 times more than the price of a domestic call, report says, demanding action.
Tirana, 3 March 2011 (AENEWS) – Delhaize Group the Belgian international food retailer, announced today (3 march) that it has entered into an agreement to acquire 100% of the retail company Delta Maxi Group for 932.5 million including net debt of approximately EUR 300 million, the group announced today in a press release.
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