Reuters
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Intl media on snap election announcement
International media reactions were quick after a decision by Greek PM Alexis Tsipras to call snap elections in Greece, given that a mini “insurrection” by more than a quarter of his MPs means he lost his Parliamentary majority.
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Romania MPs Agree to Cut VAT to 20% Next Year, 19% in 2017
Members of Romania's parliament across parties agreed on Thursday to cut Value Added Tax (VAT) to 20% from next year, and to 19% from 2017.
VAT in Romania currently stands at 24%.
Aside from the tax cuts, the government led by Prime Minister Victor Ponta also plans to increase considerably the wages in the public sector from 2016.
Greek PM Tsipras May Call Early Election Today
Greek Prime Minister Alexis Tsipras is set to call early general election in a bid to quell a rebellion within his leftist SYRIZA party and build up support for implementing a tough bailout programme, Reuters reported on Thursday.
Tsipras was holding consultations with senior advisers to decide his next move.
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Reuters: Bulgaria Growing Anxious as Flow of Migrants Keeps Rising
More and more migrants keep arriving in Bulgaria despite a host of measures the country has taken to stem the influx, Reuters reported on Wednesday.
The agency cites official data according to which 25 000 people have applied for refugee status over the past two years, or as many as in the previous two decades combined.
Palestinian detainee ends 65-day hunger-strike
Palestinian detainee Mohammed Allan ended his 65-day hunger strike against his detention without trial on Aug. 19 after the Israeli Supreme Court suspended his arrest warrant, his lawyer said.
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Turkish Lira plunges to new record-low as investor concerns rise
Turkey's Lira plumbed a new record low against the U.S. dollar on Aug. 19 after the Central Bank failed to assuage investor concerns about its ability to defy political pressure and lift rates. The Bank signaled it will not raise borrowing costs before the rate hike move by the U.S.
ISIL militants behead archaeologist in Palmyra: Syrian official
Islamic State of Iraq and the Levant (ISIL) militants beheaded an antiquities scholar in the ancient Syrian city of Palmyra and hung his body on a column in a main square of the historic site, Syria's antiquities chief said on Aug. 18.
Hungary to Deploy Police at Border with Serbia to Repel Migrants
Hungary said on Tuesday will send several thousand police officers to its southern border with Serbia to deter migrant influx, international news outlets reported on Tuesday.
Prime Minister Viktor Orban's chief of staff, Janos Lazar, said the deployment of police was needed because of "increasingly aggressive migrants arriving with more resolute demands," according to AP.
Turkish Central Bank holds interest rates, shrugs off weak lira, political tensions
The Central Bank held interest rates steady on Aug. 18 after a drop in food and energy prices eased inflationary pressures, maintaining a cautious stance with one eye on political tensions that have driven the Turkish Lira to record lows.
Turkish exporters hopeful for third quarter
Turkey's exporters expect the decreasing trend in exports to end in the third quarter, according to a survey by the Turkish Exporters' Assembly.
Exports from Turkey dropped by 13 percent in July to $10.86 billion and by 8.8 percent to $84.37 billion in the first seven months of the year, compared to the same periods in 2014, due to fluctuations in parity and geopolitical risks.
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