Publication: Balkans.com

First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Chesser Resources selling gold project in Turkey for US$40 million-

Chesser Resources (ASX:CHZ) has executed a non-binding agreement to sell its flagship Kestanelik Gold Project in northwesten to Turkish industrial conglomerate Nurol Holdings for US$40 million (A$42.5 million), or $0.1912 per share.This is notable given ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Impairment reserves for banks are likely to rise as a result of new accounting rules-

Impairment reserves for banks are likely to rise as a result of new accounting rules published yesterday that introduce an expected-loss approach for loan-loss provisioning, Fitch Ratings says.But additional provisions will not necessarily hit regulatory ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Bulgarian group in lead to buy Hypo Balkans - Source-

Private equity firm Advent International and a n-Russian consortium led by businessman Denis Barekov are favorites to buy Hypo Alpe Adria‘s Balkan bank network, two sources familiar with the process said.Hypo, which had to be nationalised by Austria in ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Almost 20 companies express interest in Cyprus Airways-

Almost 20 companies, including Ryanair, submitted non-binding expressions of interest in Airways, a state-owned carrier that the government wants to privatise, said Cypriot communications minister Marios Demetriades.Aegean Airlines and Israel’s Arkia ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

General elections in Bulgaria expected in October-

’s parliament has approved the resignation of premier Plamen Oresharski and his cabinet after a turbulent 14 months in office, opening the way for an early general election in October.The governing coalition had been expected to stand down following a ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

World Bank Supports Turkey’s Growth Program-

The World Bank’s Board of Executive Directors today approved a Sustaining Shared Growth Development Policy Loan (SSG-DPL) for in the amount of Euro 367.40 million (US$500 million equivalent).The DPL is grounded in the development goals of and is the first ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Greece's PPC approves 180 million euro investment for wind projects-

Public Power Corp., ’s biggest electricity provider, approved a 180 million euro ($243 million) investment for wind projects in the north of the country and a tender for a smaller facility in Crete.The decision enables ’s energy regulator to start evaluating ... [Published Balkans.com - Jul 25 2014]
Entities: Greece, Financing
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Romania inaugurates a 23-metre bridge made of collected plastic bottles-

Timisoara in western inaugurated a 23-metre (75 feet) bridge made of more than 157,000 collected plastic bottles to warn against the devastating effects of litter.Residents claim the bridge crossing the Bega Canal in the city centre is the largest in ... [Published Balkans.com - Jul 25 2014]
Entities: Plastics, Romania, Litter
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Bosnia Herzegovina: Chinese Consortium selected to build coal fired power generation unit-

The parliament of Bosnia's autonomous Bosniak-Croat Federation approved a Chinese consortium on Thursday as the preferred bidder to build a 450 megawatt coal-fired power generation unit worth 785.6 million euro ($1.06 billion).The consortium, which includes ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Eurozone’s economic recovery appears to have regained some lost momentum-

The eurozone’s economic recovery appears to have regained some lost momentum in July, as surveys of purchasing managers pointed to an increase in private-sector activity driven by Germany and the services sector.However, the surveys also recorded growing ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Croatia starts implementing primary waste selection-

n cities, towns and municipalities must make it possible for residents to classify waste into seven reusable categories: paper, metal, glass, plastic, textile, problematic and bulk waste as of Thursday, 24 July, and the n environment protection ministry ... [Published Balkans.com - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Romania and Hungary sign framework agreement on road transport development-

Representatives of and Hungary on Thursday signed a framework agreement on road transport development in Bucharest which includes building 20 border crossing points using EU funds.After the signing ceremony, Hungarian Development Minister Miklos Sesztak ... [Published Balkans.com - Jul 25 2014]

Quotes

"Now that we have the parliament's agreement, we shall start the negotiations with the final bidder and expect to sign contracts over the next two months" said Elvedin Grabovica, the general manager of Bosnia's top power utility EPBiH
"The difference is that the entire process can be carried out online, by applying the digital certificates as means for identification of the applicant" , stressed Popovski
"The decision of the Ministerial Council is an encouragement to continue to fulfill the NATO requirements. The process is expected to begin in late October and will last for a year. At the summit in Wales, we expect a positive confirmation of the progress achieved and a message which will recommend us for the membership" ’s Prime Minister concluded.Government
"As organic Greek yoghurt makers ourselves, we're not trying to replace Greek, but we know that there are people out there looking for something to add to their fridge and others who never really got into Greek yoghurt" said Sophie Schmitt, director of marketing at Stonyfield, said

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Impairment reserves for banks are likely to ris... [Published Balkans.com - Jul 25 2014]
World Bank Supports Turkey’s Growth Program- [Published Balkans.com - Jul 25 2014]
Romania inaugurates a 23-metre bridge made of c... [Published Balkans.com - Jul 25 2014]
Romania and Hungary sign framework agreement on... [Published Balkans.com - Jul 25 2014]
Bulgarian group in lead to buy Hypo Balkans - S... [Published Balkans.com - Jul 25 2014]
Chesser Resources selling gold project in Turke... [Published Balkans.com - Jul 25 2014]
Croatia starts implementing primary waste selec... [Published Balkans.com - Jul 25 2014]
Eurozone’s economic recovery appears to have re... [Published Balkans.com - Jul 25 2014]
General elections in Bulgaria expected in October- [Published Balkans.com - Jul 25 2014]
Bosnia Herzegovina: Chinese Consortium selected... [Published Balkans.com - Jul 25 2014]
Greece's PPC approves 180 million euro investme... [Published Balkans.com - Jul 25 2014]
Almost 20 companies express interest in Cyprus ... [Published Balkans.com - Jul 25 2014]
Air Serbia expands codeshare with Etihad airway... [Published Balkans.com - Jul 24 2014]
Greece is blocking real estate transactions for... [Published Balkans.com - Jul 24 2014]
Email addresses and contact data stolen from pu... [Published Balkans.com - Jul 24 2014]
Cyprus and Austria sign agreement on the mutual... [Published Balkans.com - Jul 24 2014]
Romania and South Korea open information techno... [Published Balkans.com - Jul 24 2014]
Greece has received the ‘green light’ from the ... [Published Balkans.com - Jul 24 2014]
Romania: DIY retailer Dedeman builds 13 new sto... [Published Balkans.com - Jul 24 2014]
FYR Macedonia: New e-deposit system in place- [Published Balkans.com - Jul 24 2014]
Slovenia and FYR Macedonia sign MOU for civil a... [Published Balkans.com - Jul 24 2014]
Romanian Blue Air intends to participate in Cyp... [Published Balkans.com - Jul 24 2014]
Bulgaria launches construction of "Sofia Tech P... [Published Balkans.com - Jul 24 2014]
Montenegro will continue to follow its course o... [Published Balkans.com - Jul 24 2014]
Romanian President points the controversies ove... [Published Balkans.com - Jul 24 2014]
Serbia to improve cooperation with BSEC- [Published Balkans.com - Jul 24 2014]
Turkish Airlines is the frontrunner in becoming... [Published Balkans.com - Jul 24 2014]
FYR Macedonia’s rural households earn less than... [Published Balkans.com - Jul 24 2014]
Energy decisions put on hold awaiting Bulgaria’... [Published Balkans.com - Jul 24 2014]
Cyprus Tourism Organisation looks to reduce air... [Published Balkans.com - Jul 24 2014]
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