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Hungary’s draft budget for 2011 aims to keep the deficit at less than 3% of GDP, meeting the Maastricht criteria for euro adoption for the first time since 1995....
Hungarian Prime Minister Viktor Orbán, slammed by opposition leaders and market analysts for his secretive approach to policymaking, has now removed all doubt....
The announcements by Bahrain, Kuwait and Oman that they do not intend to ban the BlackBerry from operating in their territories are good in demonstrating their commitment to business-friendliness....
The UAE government announced that “BlackBerry is operating beyond the reach of UAE law”, casting doubt on the future of the popular mobile e-mail and messaging service in the Emirates....
Montenegro’s loan negotiations with the International Monetary Fund hang in the balance after the IMF pinpointed several shortcomings in Montenegrin finances....
The Macedonian Government and the economy remains stable, but the Macedonian Encyclopaedia caused stirs in the coalition. There were also positive developments in EU integration and Kosovan matters...
The stand-by agreement with IMF is jeopardized by the FBiH government’s inability to agree on budget revision....
The Montenegrin PM, Milo Djukanović-lead DPS cemented its two-decade old rule, and the opposition fragmented further. As a result the new government will have free hand in policy making....
In a short-term the government will remain stable regardless of the rising discontent. This will be guaranteed mostly by the firm parliamentary majority rather by implementing policies and reforms....