Albanian parliament passes judiciary reform key to EU accession

July 22, 2016

Albania’s governing and opposition parties passed a judicial reform package on Thursday (21 July), meeting a condition of the European Union for accession talks with the ex-Communist Balkan state. The constitutional package revamping the judiciary received unanimous approval in the 140-member chamber, seen as crucial to giving the reform a solid foundation. A consensus on […]

European Commission Takes Steps on Transparency and Taxation

July 21, 2016

The European Commission has announced next steps in its campaign to boost tax transparency in order to fight tax evasion and avoidance in the EU, taking into account the problems highlighted in the recent media leaks known as the Panama Papers. The commission adopted a proposal to further reinforce EU rules on anti-money laundering to […]

Romania’s former tax agency head to stand trial for abuse of power

July 21, 2016

Romania’s National Anticorruption Directorate (DNA) has indicted Gelu Stefan Diaconu, the former head of the tax agency ANAF, and his former deputy Mihai Gogancea Vatasoiu for alleged abuse of power.     DNA has also indicted nine other people, including MPs Nicolae Paun and Madalin Voicu, who are under judicial control, for alleged crimes related […]

Montenegro: National Commission for implementation of Strategy for Prevention and Suppression of Terrorism, Money Laundering and Terrorist Financing holds session

July 21, 2016

The National Commission for the implementation of the Strategy for Prevention and Suppression of Terrorism, Money Laundering and Terrorist Financing 2015-2018, and the Action Plan 2015-2016, held regular session on 20 July 2016 which was attended by Commission’s members from the Ministry of Justice, Ministry of the Interior and Police Directorate, Ministry of Defence and […]

Macedonia issues seven-year eurobond worth 450 million euros

July 20, 2016

Macedonia issued a seven-year eurobond worth 450 million euros at a yield of 5.625 percent to finance budget needs this year and next, the finance ministry said late on Tuesday, shrugging off protests by the opposition. The joint lead managers on the issue were Citigroup, Deutsche Bank, Erste Group and Societe Generale. In a statement, […]

Judicial Reform ‘Will Help Business in Albania’

July 20, 2016

The proposed judicial reform will help to improve the business environment because local and foreign investors often face corrupt or politically-influenced judges in property disputes, experts said. The currently-stalled judicial reform programme would have an indirect impact in boosting the country’s economic situation by giving more guarantees to investors, the executive director of Albania’s Centre […]

Romanian PM Launches National Anti-Corruption Fight

July 20, 2016

Romania’s prime minister is launching a national anti-corruption strategy in a bid to crack down on widespread corruption that plagues every walk of life in Romania. Premier Dacian Ciolos said Tuesday he was “thinking about ‘the gift’ we slip under the counter … the money we put in the medic’s pocket,” laying out the strategy […]

European Parliament urges Tirana to pass judicial reform

July 19, 2016

The European Parliament is warning Albanian politicians that failure to pass a judicial reform package will end the possibility of launching membership negotiations with the European Union soon. Knut Fleckenstein urged Albanian political leaders to vote later this week for the package, a key element in convincing Brussels to launch full membership talks with the […]

Romania could create centralized public procurement system

July 19, 2016

Romania’s Government aims to create a centralized public procurement system in Romania, according to the “Competitive Romania” country project, which was launched into public debate at the beginning of July. “The central procurement unit”, as the future institution is called in the document, would be responsible to carry out public procurement for the central administration. […]

EU opens key Serbian accession chapters on democracy, justice

July 19, 2016

Serbia took a step forward Monday in its bid to join the European Union, as the bloc launched membership negotiations with Belgrade in the key areas of justice and fundamental rights. The prospect of EU membership has been offered as an incentive for democratic and economic reforms in neighbouring countries, although disillusionment within the 28-member […]