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Montenegro Italys A2A Reach Interim Pact on EPCGs Future

Montenegro Italy's A2A Reach Interim Pact on EPCG's Future

The Montenegrin government and Italian company A2A, as major shareholders in Podgorica-based state-controlled power utility EPCG, have reached an interim agreement that will allow A2A to continue managing EPCG in the next three months, the government in Podgorica said.

EU - Ukraine: €1.8 Bn in Supplementary Assistance

EU - Ukraine: €1.8 Bn in Supplementary Assistance

The Council of the European Union has approved the Commission'sproposalfor newmacro-financial assistance (MFA)to Ukraine. Only a few days after theEuropean Parliament's approvallast Wednesday, this paves the way for swift disbursement of up to €1.8bn in medium-term loans in 2015 (€1.2bn) and 2016 (€600m).

Iran Nuclear Talks Resume After Missing Deadline

Iran Nuclear Talks Resume After Missing Deadline

Negotiations over Iran's nuclear program resumed here Wednesday but were almost immediately beset by competing claims, just hours after diplomats abandoned a March 31 deadline to reach the outline of a deal and agreeing to press on.

Bulgaria’s Solarpro Holding Turns to Net Loss in 2014

Bulgaria’s Solarpro Holding Turns to Net Loss in 2014

Bulgarian provider of products and services for the solar industry Solarpro Holding said on Tuesday it turned to net loss of 993,000 levs ($546,600 million/507,700 euro) in 2014 from net profit of 57,000 levs a year earlier.

Bulgarias Jan Power Output Rises 1.4% M/M

Bulgaria's Jan Power Output Rises 1.4% M/M

Production of electricity in Bulgaria rose by 1.4% on a monthly basis to 4,961 gigawatt-hours in January, the National Statistics Institute (NSI) said on Tuesday.

Merkel Ally Quits Over Approach to Greek Debt

Merkel Ally Quits Over Approach to Greek Debt

Peter Gauweiler, the vice-chairman of the Christian Social Union, sister party to Merkel’s Christian Democratic Union, has resigned from the leadership and the Bundestag.

Merkel Not Worried about Tsipras Going to Moscow

Merkel Not Worried about Tsipras Going to Moscow

German Chancellor Angela Merkel said she wasn’t worried that the Greek prime minister Alexis Tsipras is heading to Russia next week.She said she andFrench President Francois Hollande“have also been to Moscow and we’re still members of the European Union and stand united.”

Bulgaria Cuts Q2 Gas Prices by 13.17%

Bulgaria Cuts Q2 Gas Prices by 13.17%

Bulgaria's energy regulator said on Monday it has decided to cut wholesale gas prices by 13.17% quarter-on-quarter as of April 1, in line with a request by gas monopoly Bulgargaz.

Strong Earthquakes in South Pacific

Strong Earthquakes in South Pacific

A series of strong magnitude-6 earthquakes have struck between Samoa and Tonga in the South Pacific Ocean, the US Geological Survey (USGS) reported.

Greeces Tight Race With Liquidity

Greece's Tight Race With Liquidity

While most analyst expect Greece to run out of liquidity by 9 April, the day it has to pay back 460 million Euro to the IMF, no Eurogroup meeting that could unblock funds will be taking place at least until 8 April.