Simeon Djankov: EU Likely to Lessen Sanctions on Russia

The EU is likely to lessen sanctions imposed on Russia in response to the limiting of hostilities in Ukraine, former Bulgarian government official Simeon Djankov argued Thursday.

"If we reach a position of frozen conflict, then we can discuss how we and the Russians can work together," Russian news agency RIA quoted him as saying.

Intensive discussions with IMF on budget revision, measures

BELGRADE - A budget revision proposal, which should be in the Serbian parliament by the end of this month, will contain part of the planned reform measures, Secretary of State at the Serbian Ministry of Finance Nenad Mijailovic said on Thursday, adding that intensive talks were being led with the International Monetary Fund (IMF) about it.

Vucic, Reichel: Serbia makes visible progress on EU path

BELGRADE - Serbian Prime Minister Aleksandar Vucic and German Foreign Office Special Envoy for South-Eastern Europe, Turkey and the EFTA States Ernst Reichel stated on Thursday that Serbia has made visible progress on its EU path.

Vucic informed Reichel about the adoption of reform laws and announced that Serbia will soon become economically successful and prosperous country.

Bulgarian, Ukrainian Chambers of Commerce, Industry Ink Cooperation Agreement

Opportunities for developing commercial and economic relations despite the tensions in Ukraine were discussed Wednesday at the headquarters of the Bulgarian Chamber of Commerce and Industry (BCCI).

Viktor Yanovski, Deputy Chair of the Ukrainian Chamber of Commerce and Industry, described Bulgaria as one of the major trade partners of Ukraine.

Joksimovic confers with British minister for Europe

LONDON - Serbian Minister without portfolio in charge of European integration Jadranka Joksimovic conferred with British Minister for Europe David Lidington in Birmingham on Wednesday and informed him about the latest difficult and demanding measures the Serbian government is implementing within the reform process.