Austria

48.12
16.22

Russians plan to offer region "Tesla Pipeline" - daily

Serbia, Macedonia, Greece and Hungary could sign a memorandum to build a gas pipeline from Turkey to Austria, a Russian business daily writes.

This pipeline, to be called Tesla, would represent an extension of Turkish Stream that Russian giant Gazprom plans to build, Vedomosti is reporting, citing sources taking part in the project.

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.

Total Preparing to Start Drilling for Oil, Gas off Bulgarian Coast Early Next Year

France's Total is preparing to start drilling for oil and gas off Bulgaria's Black Sea coast in early 2016, Reuters reported.

"It depends on the availability of our contractors when exactly we will start, but everything is going according to the plan," Xavier Faugeras, general manager of Total's Bulgaria division, told Reuters on Monday.

Montenegro, Bosnia to Sign Border Agreement

Montenegrin President Filip Vujanovic on Sunday said Montenegro and Bosnia and Herzegovina will be the first ex-Yugoslav republics to sign a border demarcation agreement.

After meeting the President of the Presidency of Bosnia and Herzegovina, Dragan Covic, in the town of Tivat, Vujanovic said the agreement would be signed  by the end of August in Vienna.

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