Tirana, 26 February 2011 (AENEWS) – The Trans Adriatic Pipeline AG and Plinacro Ltd., a natural gas transmission system operator in Croatia, signed a Memorandum of Understanding and Cooperation as part of the ideas to extend TAP project from Albania toward Croatia, the TAP company with offices in Baar, Switzerland announced last week.
Several hundred families had been evacuated from their premises in Albanian low plains near the Drini and Mati rivers while their houses and farmlands were flooded by an unprecedented amount of water.
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 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.
Albania’s constitutional court accepted on Thursday an appeal by the opposition Socialist Party to review the legality of a territorial agreement with Greece, which delineates the continental shelf between the two countries in the Ionian Sea.
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.
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.
The International Monetary Fund, IMF, has delayed disbursing an aid tranche to Romania originally scheduled for next month and will resume talks on a standby loan agreement only when the country has a government.
A second IMF mission will review Romania’s progress in achieving benchmarks linked to a major aid package, from October 28 to November 9.
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.