All News from Balkans

Supermarkets record healthy growth rate in January-May

The supermarket sector outperformed general retail commerce in the first five months of 2019, thanks to the contribution of bulk products (that saw a double-digit growth rate) and the clothing and homeware category. The relaunch of the former Marinopoulos hypermarkets by owner Sklavenitis has also helped.

Myconos Airport facelift plans revealed

Fraport Greece presented its plans for the revamp of Myconos Airport on Tuesday, with its design influenced by Aegean dovecotes and architecture in a marriage of the island's traditional heritage with its modern side.

State spending misses target due to May handouts

State budget expenditure exceeded the target in the year's first five months. This was not because spending on the Public Investments Program went according to plan - it didn't - but rather due to the government handouts.

Government blamed for Elliniko delays

The state has had all the studies and documents required for the issue of the ministerial decision required for the Elliniko development project to proceed since mid-February, Odysseas Athanasiou, chief executive at Lamda Development, said on Tuesday at the listed company's general meeting.

ATHEX: Stock prices are affected by regional conditions

Non-bank blue chips contained the earlier losses of the Greek bourse's main index on Tuesday, but observers note the political change expected on July 7 has already been priced in and the geopolitical tensions off Cyprus, in the Aegean Sea and in the Persian Gulf are making traders cautious.

Side effects of haste

In the extra time the government gave itself by pushing the snap election to July 7, it managed to pass a monumental law that had been in the works for years. Now that it's nearly time for the country's new criminal code to come into effect, the shortcomings of rushing through important legislation are becoming increasingly clear.

Prosecutor proposes guilty verdicts in Giakoumakis trial

A prosecutor on Tuesday recommended a guilty verdict for eight former students of the Dairy School of Ioannina in northwestern Greece who are accused of causing grievous bodily harm to to their classmate, Vangelis Giakoumakis, a 20-year-old who committed suicide at the school in 2015.

Bulgarian-Swiss Program Gives 2500 Children a Chance to Go to Kindergarten

The implementation of the Health and Education for All program improved access to social, health and educational services for young Roma families and enabled 2500 children between 3 and 5 years of age to regularly attend kindergartens and preschool groups.

The Problematic Places of Sofia, which Get Flooded after Heavy Rainfall

Since the beginning of the year, the Metropolitan Inspectorate has cleaned nearly 5,000 of the 33,000 rainwater shafts in Sofia. This was made clear by the words of engineer Nikolai Kyucukov from the office on the occasion of yesterday's difficulties, which the pouring rain created in the city. The most problematic are the low plots, one of which is the newly renovated part of Solunska Street.

Bulgarian PM Borisov Dismissed the Idea of Reducing VAT

The government closes the subject of a reduction in value added tax (VAT). The talks are being terminated because they contradict one of the points in the coalition agreement between GERB and the United Patriots, namely that within the mandate of this government tax laws should not change. This was announced by Prime Minister Boyko Borisov after today's Coalition Council.

Bulgarian has Died, and Four have been Injured in Car Crash in Romania

According to information from our embassy in Romania, one Bulgarian citizen died and four were injured in a car crash on the Giurgiu-Bucharest road. This was announced by the press center of the Ministry of Foreign Affairs. Our embassy has contacted the Police Inspectorate-Giurgiu, who has confirmed this case.

Corinth supermarket destroyed by fire

The Corinth fire service on Tuesday was investigating the causes of a large blaze that broke out in a supermarket in the area of Hiliomodi.
According to the fire service, the blaze broke out at around 9 a.m., though it remained unclear what caused it.

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