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Russia's withdrawal from the construction of the South Stream gas pipeline has changed the situation on the gas market in the countries of region.
The long-term mayor of Sibiu, Klaus Iohannis, was the unexpected winner of the presidential runoff in Romania on 16 November.
Chinese CGN will be strategic investor in the project to expand the only functioning power plant in Romania.
The early parliamentary elections held in Bulgaria will probably not contribute to ending the ongoing year and a half of political instability there.
Romania’s attitude during the NATO summit confirms Bucharest’s high level of aspiration.
The deadlock in coalition talks has above all been brought about by personal conflicts and by Prime Minister’s desire to remain in power at any price.
The snap parliamentary election of 13 July has significantly remodelled the Slovenian political scene.
The contradictory statements concerning the future of the South Stream project should be interpreted in the broader context of the Serbian-Russian game.
Due to pressure from the EU and increasing criticism from the US, Prime Minister Plamen Oresharski announced that the South Stream would be withheld.
The economic consequences of this disaster will be felt in Serbia and Bosnia and Hercegovina for many years, since neither of them has sufficient funds for reconstruction.