Czech Republic

The residents of Denmark, Germany and Portugal can afford to buy a new home for 2.1 – 3 years with an average gross income, according to a recent Deloitte survey.

In Belgium, the Netherlands, Ireland, Spain and Austria residential property is also relatively affordable, and costs the average gross income for 3.6 to 5.6 years.

China, Turkey and the Czech Republic have joined the list of the world's top exporters of small arms, which is led by the United States, according to the latest UN figures.

The UN statistics for 2011 from the United Nations Commodity Trade Statistics Database released Monday show that Italy joined the list of the top importers of small arms, which is also topped by the United States.

The European military transport aviation will hold international drills in the airspace of Bulgaria in the period 17 to 26 June, the press center of the Defense Ministry informed.

The latest U.N. figures show Turkey, China and the Czech Republic joining the list of the world's top exporters of small arms, which is led by the United States.

BRNO - Serbia will miss the next men's handball world championship in Qatar, since it was steamrolled by the Czech Republic 33-21 (18-8) in the 2nd match of the qualification playoffs in Brno on Saturday.

Serbia failed to hang on to the 8 goal advantage from the first match in Nis last week, which Serbia won 23-15.

BELGRADE - Head of the Delegate Office of German Industry and Commerce for Serbia Martin Knapp invited German investors on Friday to invest in Serbia, adding that the country had the potential to be in the same category as Hungary, the Czech Republic, Poland and Slovenia.

The Delegate Office of German Industry and Commerce for Serbia will help them in that, he told Tanjug.

Energy security, the importance of the nuclear sector, the development of indigenous energy sources, and the energy situation of the Republic of Moldova were some of the topics approached by Romanian Minister for Energy Razvan Nicolescu in his speech at the meeting of the Council of EU Energy Ministers in Luxembourg on Friday.

According to the latest annual report of US-based NGO Freedom House "Nations in Transit 2014", corruption in Bulgaria increased in 2013.

The "Nations in Transit" is an annual assessment of democratic governance in 29 postcommunist states.

If amendments to the Competition Protection Act as they are, prices in the FMCG retail chains will go up by 10%, Dimitar Spasov, CEO of Kaufland Bulgaria, told the 24 Chasa daily. 

BELGRADE - The Czech Republic, which donated the equipment worth EUR 60,000 to the Electric Power Industry of Serbia (EPS) on Tuesday, has so far given Serbia around EUR 250,000 in assistance after the severe floods, Czech Ambassador to Serbia Ivana Hlavsova has said.