News archive of September 2014

Croatia's National Bank said in data published on Monday that government debt had reached almost 30 billion euro in June 2014 as the country's economy endured a sixth year of recession.

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By Nicks Barnets

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Germany's leading copper producer Aurubis is planning to invest EUR 75 M in its plan in the town of Pirdop, Aurubis Bulgaria CEO Tim Kurt has announced.

About EUR 25 M of the money is earmarked for 2015, specialized outlets writing about the metal industry quote him as saying.

Another EUR 50 M will be set aside for a renovation program in 2016.

Hong Kong's embattled leader called Tuesday for an immediate end to street demonstrations that have drawn tens of thousands and paralysed parts of the city, but protesters refused to move until China grants genuine democracy.

Experts and representatives of a range of political parties have agreed on the need to establish a separate Tourism Ministry.

Bulgaria's goals and priorities in the sphere of tourism were discussed at a public discussion at the headquarters of the Bulgarian Academy of Sciences (BAS).

For the seventh consecutive year, Romanian oil and gas company OMV Petrom, majority owned by Austria's OMV, is the biggest company in south-east Europe, according to the ranking for 2013 published by SeeNews agency.

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Alliance forces have started air combat exercises MACE XVI in Slovakia with 14 member states participating, the country's Defense Minister says.

As many as 660 personnel is expected to attend, and two non-NATO countries of the Partnership for Peace
program have also joined, Martina Belkovska was quoted by the Global Post as saying.

A Roma encampment that has stood just off Mesogeion Avenue behind the present-day Nomismatokopio metro station for the best part of 40 years is set for demolition on Tuesday, with residents of the settlement trying to block the operation from going ahead and resisting orders to evacuate.

By Pantelis Boukalas

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The lion’s share of Greece’s debt is held by European Union member states and the International Monetary Fund. A writedown of the European part of the debt would require the approval of the parliaments in the countries that contributed toward the bailout. Otherwise, Athens could take a unilateral decision to seek a write-off.