Serbia: bread instead of reforms?

22/12/2009 -  Cecilia Ferrara Belgrade

A cynic and a pessimist according to many, he disagrees with most of the economic policies implemented by the Serbian government and does not think that postponing reforms to avoid social unrest is a good idea. An interview with economist Miroslav Prokopijević

Romania, between booms and busts

02/11/2009 -  Cornel Ban

Between 2000 and 2009 Romania experienced one of Europe's highest growth rates. Yet even before the economic crisis hit Bucharest hard, it became clear that the wealth of the economic boom was built with dramatic social costs, paid mostly by children, unemployed, pensioners, and Roma

Kosovo's costly World Bank membership

20/07/2009 -  Veton Kasapolli Pristina

Membership in the World Bank costs Kosovo greatly because it must pay its portion of the old Yugoslav debt. As outlined by the Ahtisaari plan, membership comes despite Kosovo not receiving any assets deriving from the dissolution of Yugoslavia. Belgrade's continuing politics to pay Kosovo's foreign debt, as part of Serbia's general debt, is breaking down

Invest in Macedonia?

25/06/2009 -  Risto Karajkov Skopje

Macedonia ranks third, after the United States and France, in Google searches for the term "invest in". Of course, the real level of foreign investment is most important, but this search statistic is a relevant statistic of the country's visibility as a possible destination for foreign investments

'Gastarbeiter' economy

14/05/2009 -  Veton Kasapolli Pristina

The Central Bank of Kosovo warns that the remittances are falling as the diaspora starts to feel the effects of the global economic crisis. Kosovo's diaspora has a long tradition of sending money home because of strong family ties, a practice developed because of Kosovo's difficult political and social environment during the last decades

The fall

04/03/2009 -  Andrea Rossini

The end of division in Europe, the end of Yugoslavia, the advent of globalisation: an interview with Rada Ivekovic. A new article in the series on European identity, the new system of international relations and the memory of communism in the first 20 years after 1989

Bread and Circuses

23/01/2009 -  Drago Hedl Osijek

The global economic crisis is at Croatia's doorstep. The budget deficit is on the rise, industrial production is in decline and external debt stands at 36 billion Euro. For now, public debate is monopolized by the world handball championship but economists foresee a rude awakening

Domino Effect

10/10/2008 -  Risto Karajkov Skopje

Financial markets in the Balkans are cracking under the pressure from the global financial crisis. Tuesday (October 7) was a bad day for the Macedonian stock market. Its index, the MBI 10, plunged by almost 8%. The crisis seems to be only now arriving in the region

Powering the New Kosovo

27/06/2008 -  V. Kasapolli Pristina

Kosovo suffers from a chronic lack of energy. To overcome the power shortage, the government gambled on the "Kosovo C" project, a coal-based power station expected to start production in 2015. What is most needed now, though, are a wide public debate and a clear development strategy in the energy sector

Kosovo's economy, many myths to dismantle

13/11/2007 -  Francesco Martino Pristina

Even when the status issue will be solved, economic development and foreign capital investment in Kosovo will not be automatic, but they will come only thanks to an effective policy, which up to now is still absent. An interview with Safet Gerxhaliu, of the Kosovo Chamber of Commerce.

Macedonia: The New Business Heaven in Europe?

17/04/2007 -  Risto Karajkov Skopje

Identifying the very low level of foreign direct investment as one of the serious causes of the slow growth of the local economy, the Macedonian government launched an aggressive campaign aimed at attracting foreign businesses to "Discover the New Business Heaven in Europe": Macedonia

Macedonian Telecom: Can't Let Go

19/12/2005 -  Risto Karajkov Skopje

A citizen from Skopje climbed a telephone post last month and cut the wire. A final individual act of bitter resentment against the monopolistic behavior of Macedonian Telecom. This is but the most radical of citizens' outcries against the arrogant conduct of the Telecom over the past 4 years in Macedonia