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ECB Dick - Tatorship Pushes Up European Shares

ECB Dick - Tatorship Pushes Up European Shares

European shares rose Wednesday as European Central Bank chief Mario Draghi gave hints that the bank will bring its stimulus earlier than planned.

Greece Asked for Coherent List of Reforms Before Riga Summit

Greece Asked for Coherent List of Reforms Before Riga Summit

As Greece is fast approaching the end of April deadline set by the 20 February Eurozone agreement for concluding a new reform plan, EU Commission Vice President, Valdis Dombrovskis noted that Eurogroup ministers will not approve aid payments to Greece on 24 April during their informal meeting in Riga.

New Diplomacy Forges Stronger Energy Ties for the Americas

New Diplomacy Forges Stronger Energy Ties for the Americas

Energy costs for Central American economies are impeding national development, US PresidentBarack Obamasaid as US and Canadian leaders called for stronger ties in the regional energy sector to help with economic development in the Western Hemisphere.

FYROM’s ELEM Activates Slovenias Riko 5.6 Mln Euro Guarantees for HPP Project

FYROM’s ELEM Activates Slovenia's Riko 5.6 Mln Euro Guarantees for HPP Project

FYROM state-owned power producer ELEM said on Thursday it has activated bank guarantees worth 5.6 million euro ($6 million) provided by Slovenia's Riko after the company failed to meet its contractual obligations on the construction of a 36.4 MW hydro power plant (HPP), operated by ELEM.

Electricity Issues Stumbling Block for Albanian Business

Electricity Issues Stumbling Block for Albanian Business

The top three business environment obstacles identified by Albanian firms are electricity issues, competitors’ practices in the informal sector and corruption, the European Bank for Reconstruction and Development said on Thursday.

HoSt Croatias Djuro Djakovic to Sign 35.2 Mln Euro in Deals with HEP

HoSt Croatia's Djuro Djakovic to Sign 35.2 Mln Euro in Deals with HEP

Croatian diversified holding company Djuro Djakovic said on Thursday it will sign as part of a consortium with Dutch partner HoSt two deals with Zagreb-based state-owned energy utility HEP totaling 35.2 million euro ($37.8 million).

Greece Meets IMF Deadline Faces New Hurdles

Greece Meets IMF Deadline Faces New Hurdles

Meeting today's deadline to pay 460 million Euros to the IMF, Greece is now looking to a new deadline to reach an agreement with its creditors before the 24 April informal Eurozone meeting in Riga.