Investments of EUR 1.1 billion in the Western Balkans in 2019 – Focus on Energy
According to a senior official of the international organization, the European Bank for Reconstruction and Development (EBRD) is expected to allocate soon at least 1.1 billion euros in order to give emphasis on energy infrastructure and the private sector in the Western Balkan countries, ie Albania, Bosnia and Herzegovina, North Macedonia, Kosovo, Montenegro and Serbia. “We invested 1.1 billion euros in 2018 in the six countries of the Western Balkans, and the plan for this year is to invest at least the same, if not higher", said EBRD Secretary General, Enzo Quattrociocche, in an interview with Reuters. The EBRD will hold its annual meeting and...
The Turkish Stream pipeline becomes one as its land and sea sections are joined
The last welding of the sea with the land section of the Turkish Stream gas pipeline, as announced by the South Stream Transport BV project manager, took place on Turkish soil, which marks the completion of a particularly strategic project. In particular, as the management company points out, this welding "symbolizes the completion of the total works aimed at creating a gas pipeline system in the Black Sea". It is recalled that the exploitation of this gas pipeline is scheduled to begin at the end of 2019. It is noted that during the technical operation, known as welding over the sea surface, the two parts...
Greek authorities concerned about episodes in the national holiday in protest to the Prespes Agreement
Police forces in Greece are in a state of emergency, in view of the parades for the commemorations of the 98 years since declaration of independence of the Hellenic Republic on March 25. It has been reported to the authorities that far-right groups will seek to organize protests and attack members of the government, as a protest for the signing of the Prespes Agreement, taking advantage of the commemorations of the Greek Revolution in 1821. An episodes avoidance plan is examined by the police The Ministry of Citizen Protection is in the process of holding meetings to avoid any episodes incited by extremist groups. Already,...
IMF: It’s up to Greece the repayment of the debt to the Fund
It is a matter for the Greek authorities when it will repay the IMF loans. The above statement was made by IMF spokesman, Jerry Rice, responding to a question regarding the possibility of early repayment of the Fund's loans by Greece. He acknowledged that such a development could reduce the total borrowing costs of the country and acknowledged that in order to make the final decision, the Greek authorities should be consult with the other official creditors, namely the ESM. "It is a decision of the Greek Authorities in co-operation with other official creditors, if necessary", he said, adding that such a development would reduce...
Serbia’s president says that delays in Kosovo talks could destabilize the region
President of Serbia, Aleksandar Vucic said on Thursday that the failure to revive talks between Kosovo and Serbia could destabilize Western Balkans. Vucic made these comments on Reuters. “Every day of delays could create conditions in which one spark could set the region on fire. The Western countries should know that,” Vucic said. Serbia continues to oppose the independence of Kosovo, which was declared in 2008, nine years after NATO’s intervention to put an end to the cruelties of Serbian forces in Kosovo. But, Serbia has been involved in a long process of talks with Kosovo, because the normalization of relations between the two countries...
UK Cypriot community launches all-Cypriot movement for reunification
More than 70 Cypriots from all communities gathered at the Cypriot Community Centre in north London to launch a new all-Cypriot movement for the reunification of Cyprus. The meeting was prompted by serious concern among many Cypriots at the lack of political progress in relation to the Cyprus problem and, in particular, at the prolonged absence of any negotiations. The event was chaired by Peter Droussiotis who was joined on the platform by Ilker Kilich, both longstanding community activists and leading campaigners for Cyprus unity, who spoke about the urgent need for progress and the role of civil society in supporting all political efforts to...
‘No deal’ Brexit risk threatens disruption
The stalemate surrounding Brexit has brought home the realisation that even though British MPs have twice voted for amendments rejecting ‘no deal’ and the EU leaders have repeatedly said a UK crash-out would not be good for anyone, a disorderly UK exit could still take place even if by accident. Such a scenario bears a lot of uncertainties about the future and what it would mean for EU citizens in the UK and Britons in the EU. A deal on Brexit terms would be accompanied by a transitional period lasting until the end of 2020, giving time to iron out any pending issues and of...
Albanian opposition leader defies prosecutors
The leader of the Albanian Democratic Party in opposition, Lulzim Basha failed to appear today in front of prosecutors to testify in relation to the funds that the main opposition party has paid to US lobbying firms. Basha had been requested to appear today at the district attorney’s office in the capital Tirana to provide details about the payment of 675 thousand USD that the Democratic Party made during the 2017 electoral campaign to lobbying firms in the US. Meanwhile, the inquiry was launched to determine where these funds came from. But, the leader of the opposition left the country today, refusing to provide any...
Albanian opposition MP attacked for defying party’s directives
Ralf Gjoni, an MP of the Socialist Movement for Integration Party, the second largest party of the opposition in Albania, has been attacked today by a person who is yet to be identified. According to the MP,  the aggressor approached him and sprayed a chemical substance on his face and his body. Authorities are yet to determine the substance that was used, but the opposition MP claims that he has burning on his eyes. Meanwhile, the MP also said that it was obvious that this was something ordered from people high above. On the other hand, the party leader, Monika Kryemadhi has distanced herself from...
Opposition in Albania holds another anti-government rally in front of parliament
Opposition in Albania held another anti-government rally today which lasted five hours. The sixth demonstration in a row ended with a speech delivered by the democrat senior official, Edi Paloka. Paloka declared that the opposition will continue to protest until this government resigns. “Our battle is not yet finished. We’ve embarked on a journey and there’s no other alternative but victory. Nobody can stop citizens of this country from protesting for their rights. This government of crime will not find peace until democracy in the country is restored. Thank you and I’m convinced that we will make it all together”, Paloka addressed the crowd of...