A full-scale revolution is taking place in the former Yugoslav skies. National airlines are constantly in the red and low cost flights are expanding. How can the crisis be counteracted? Some look to the emirs, some are planning to establish a regional carrier
In Azerbaijan, the hydrocarbon, oil, and gas extraction industry continues to represent the lion's share of the economy. Yet, according to economist Vugar Bayramov, director of the Centre for Economic and Social Development, the mismanagement of profits and the lack of a development strategy for other sectors are likely to create imbalances in the country's economy. Our interview
An Eco-centre. This is Jasna Živković's answer to the economic problems of Bosnia and Herzegovina. A report about rural development in northern Bosnia, between tradition and innovation
Serbian Prime Minister Ivica Dačić declares himself allergic to Brussels, while the new government grows more and more enthusiastic of Moscow. Data, however, show that from an economics point of view Serbia is very closely linked to the European Union, while pro-Russian sentiments are based on populism
Efforts to sell 75 percent of Kosovo’s telecom shares are coming to an end. Old American friends are favourites for the country's biggest privatisation yet
Caught in the grip of economic crisis, Croatia is desperate for investments. So much that the centre-left government is reconsidering the long-opposed Pelješac bridge
Crises are painful, but they must be an opportunity for change. Yet in Greece, says economic analyst Janos Manolopoulos, this has not happened. Athens' political and economic leaders navigate at sight, unable to rethink the country's future
Valeriu Lazar, 40, Minister of the Economy and Deputy Prime Minister of Moldova since 2009, took office in the middle of the economic crisis and is one of the government's leading figures. In this interview, he talks about Moldova's response to the crisis, its model of development, and its investment opportunities
Big international agencies have paved the way with ad hoc funds, followed by institutional initiatives en route to EU integration. An overview of the process of regionalisation in Serbia
Trebinje, Bosnia-Herzegovina. Along the banks of the Trebišnjica river, in the Petrovo and Popovo Polje plains, vines grow surrounded by stony and lunar mountains. These vines give life to žilavka and vranac, two wines that have made the history and success of enology in Eastern Herzegovina. An age-old and fragile treasure of tastes, now promoted and safeguarded by the local Slow Food convivium
Recent estimates give 93% of the software used in Georgia as pirated. Nearly everyone uses illegal software without seeing it as breaking the law. Shops in Tbilisi sell computers with Windows and other programmes already installed without the licence. Music shops happily sell copies of CDs and DVDs. In the short term the situation doesn't look like changing
The historic daily Eleftherotypia has not been published for over a month. It is not the only one: at least 15 newspapers in Greece have shut down or cut staff, among which is the authoritative To Vima
Zoran Milanović's new executive is facing one of Croatia's most economically difficult periods, in its fourth consecutive year of recession. While taxes and contributions increase, Zagreb is thinking of attracting investors from the Middle East
In tune with the ambitious anti-corruption campaign launched by Azeri president Ilham Aliyev last spring, more and more initiatives for transparency in the oil sector have appeared. Despite a lack of big scandals, some journalists have reported concrete corruption cases in which bribes did not come in the form of cash, but in bids and contracts
The consortium controlling Azerbaijan's Shah Deniz gas field should decide by April 2012 which pipeline will take its gas to Europe once Shah Deniz II becomes fully operational in 2017. There are three established candidates and a late newcomer supported by BP. Who will win the contract? And what about Cardinal Richelieu?
In Istanbul, the lüfer ("bluefish" in English) is not just a species of fish. It symbolises the connection between the city, its sea and its history. Unfortunately, this symbol may now disappear because of unregulated fishing. Therefore, the Slow Food convivium Fikir Sahibi Damaklar responds with a ruler, asking for fishing to be limited to adult bluefish.
Kosovo is building a four-lane highway to connect the country with Albania: it will cost one billion Euro, 25% of Kosovo's 2010 budget. According to Andrea Capussela, former Head of the ICO economics unit, the project is financially unsustainable, marked by non-transparent procurement procedures and may end up sending the country into bankruptcy
Thanks to its energy resources, Azerbaijan experienced for years one of the world’s highest GDP growth rates (+35% in 2006). A sovereign fund was established to manage these windfall revenues. International initiatives in favour of transparency keep an eye on the country’s main oil and gas company. Yet, opacity and corruption seem to be in the lead when oil wealth is spent rather than when it is accumulated
A step by step analysis of the agricultural development policies in South East Europe: from the process of collectivisation in the 40s, to the much reduced production capacity during the conflicts of the 90s, up to the agricultural models linked to the European Union
Mavrovo, Western Macedonia. On these mountains, the Balkans’ continental and Mediterranean climates meet, giving birth to incredibly rich and unique pastures. This is why, throughout the centuries, this region has specialised in transhumance sheep breeding and cheese production. A slow food presidium that will make its first international appearance today at the Cheese fair in Bra, Cuneo, Italy.
When institutions are inefficient or corrupt and there is a lack of legal certainty, it's difficult to do business. Even harder for small companies. An interview with Žarko Milisavljević, president of the Association of Small and Medium-Size Enterprises and Entrepreneurs in Serbia
The growth of organic agriculture in the Balkans is inevitably tied to an increase in consumer awareness. Trade fairs in this sector therefore become an indispensable medium. Something has started to move. An interview
It's not a question of great inventions. What is required is the capacity to use existing technologies in an innovative and environmentally-friendly way. EU funds are now also available for SMEs in the Balkans, but proposals are not yet flooding in
After a long series of attempts, the first McDonald’s of Bosnia and Herzegovina opens in Sarajevo. What follows are the declarations from the American Ambassador, the reactions from Sarajevans and the welcome by the ćevapčići chain “Mrkva”
The organic sector in Bosnia Herzegovina is based on grass-roots initiatives by civil society and private citizens able to overcome institutional impasses. Our seventh report on organic agriculture in South East Europe
PTK, the Kosovan pubblic telephone company, has seen its proceeds and earnings collapse. Andrea Capussela, ex-director of the economics unit of ICO explains the controversial Dardafon operation to Obc. Eulex is now investigating, but the problem of lack of responsibility remains.
It’s a crutial sector of the Western Balkans economy. Just as much as it’s important it’s also been neglected during the transitional years. A broad review of the agriculture and rural areas on this side of Southeastern Europe
Not much, but something is moving. In Macedonia organic agriculture is gaining ground. The legislative framework matches European standards and funds are growing. Yet, a lot remains to be done. The sixth part of our investigation into organic agriculture in South East Europe
ICT is fundamental for enterprise productivity. In Macedonia, statistics on its use are weak. For an effective government strategy a much more accurate data collection system is needed
Greece has not emerged from its economic crisis. If the European Union stops signing " blank cheques” in order to save Greece, many Greeks will start hoping that China soon becomes a lifebuoy to keep them afloat. In the meantime, economic relations between Athens and Bejing keep increasing at a very fast pace, even if relations between the two countries has some friction
