Romania is progressing slowly, with small steps, but is on the right track. However, further results are needed. This is the conclusion that stands out in the draft of the European Commission for Romania, which is still under discussion in Brussels.

It seems that the report will be favorable, although Romania will receive a low rating for its fight against corruption.

Albania, which according to recent census has about 3.4 million inhabitants, has about one million migrants in other countries, which means that over the past seventeen years one-third of the population has left the country.

Romania will direct EU funds to the total value of nearly 32 billion dollars for a period of 7 years; it became clear after an announcement by the Finance Minister of the country.

This, according to the minister, would help to increase the total value of the gross domestic product by about 15-20%.

The construction investment company Swiss Golf & Leisure has announced its intentions to invest in a golf complex in Romania totaling up to approximately 50 million euro.

The company was established in 2006 by five shareholders from Switzerland and Romania, as each of them has an equal stake in it. Its activities are targeted mainly in the construction field.

The rate of unemployment in Greece has increased to 8.3 for the first quarter of 2008 compared to the last quarter of the last year, according to data of the National Statistical Service of Greece (NSSG).

"In the UN Security Council Serb position will be very clear - we do not accept Kosovo's independence under any form".

Serbian President Boris Tadic said this in an interview for the Serbian agency Fonet.

Serbian head of state believes that only the UN Security Council has the power to change the mission of the UN Civil Administration in Kosovo UNMIK.

Hundreds of Greeks were demonstrating in central Athens yesterday, to request higher salaries because of the increasing prices.

Romania has attracted the record 2.3 billion euros of direct foreign investments during the first four months of the year, which represents a double increase compared to same period of the last year, informed Ziarul Financiar.

The value of foreign direct investment, attracted only in April, are almost 1.6 billion dollar according to the data of the Central Bank of Romania.

The buyer of Ljubljana Stock Exchange will be selected on Friday between Vienna Stock Exchange and Athens Stock Exchange, reported Reuters, referring to a company representing Slovenian Stock Exchange.

In times where the credit crisis is hitting seriously real estate markets in the world, things look ever better in our northern neighbour Romania, writes Europa.re.

According to data issued earlier this month, the growth of Romanian economy for the first quarter was truly remarkable - 8.2%. This is nearly three times more compared to the EU average of for the same period.