EU adopts new measures to simplify management of funds to help regions tackle the crisis
The EU has on 24 June 2010 adopted new measures aimed at simplifying management rules for the structural and cohesion funds. The changes should help to facilitate access to the funds and accelerate flows of investment at a time when public budgets are under pressure. As part of the measures to counter the economic crisis, additional advance payments totalling €775 million will be paid out to some member countries to tackle immediate cash flow problems.
Energetic flip-flop
One of the few certainties of the 11-month-old Bulgarian Government of Prime Minister Boiko Borissov is that any initial announcement on an issue of note would be swiftly followed by an official regress.
Meeting of Presidents with CEOs a Big Step Forward in U.S.-Russia Business Relations
A meeting today of prominent CEOs from the United States and Russia with Presidents Medvedev and Obama marked a major step forward in U.S.-Russia business relations. The meeting was held today as part of the economic summit between the U.S. and Russia.
Bulgarian Energy Minister Discreetly Backs Power Utilities
Bulgaria’s Economy and Energy Minister, Traicho Traikov, defended Monday the outsourcing of services by the three foreign – owned electric power utilities in Bulgaria.
Medvedev's Silicon Valley Visit Yields Deal With Cisco
Russian President Dmitry Medvedev came here to learn about Silicon Valley and notched at least one deal in the process.
Iran supports nuclear disarmament in Central Asia
Iran’s Foreign Minister Manouchehr Mottaki said here on Thursday that the Islamic Republic of Iran supports nuclear disarmament across the world, particularly in the Central Asia.
Russian President Opens U.S. Visit
Russian President Dmitry Medvedev has arrived in the United States for a visit aimed primarily at wooing U.S. investors he hopes will help launch Russia's technology sector into the 21st century.
European anger as Russia-Belarus 'gas war' hits supplies
Energy commissioner Guenther Oettinger said other nations should not fall victim to the dispute over unpaid bills. It came as Lithuania, a country that is totally dependant on the Russian gas
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