Economy of the European Union

EU poll fears curb boost from upgrades for Greece, Spain

Lower-rated peripheral bonds inched up on Friday with niggling European Union election concerns curbing enthusiasm over the latest round of ratings upgrades.

Fitch lifted Greece’s rating for the second time in a year on Friday, while Standard and Poor’s followed through with a widely expected upgrade on Spain.

Nikolic urges EBRD to take part in donor conference

BELGRADE - Serbian President Tomislav Nikolic has urged the European Bank for Reconstruction and Development (EBRD) to take part in a donor conference aimed at providing assistance to Serbia and other flood-hit countries in the region - to be held under the auspices of France - noting that long-term development plans also need to be considered.