KIEV, Ukraine -- Every revolution sparks a counterrevolution. The French revolution in 1789 was followed by Napoleon and the restoration of the monarchy. After the Russian revolution, the czar's forces regrouped and fought a bloody civil war. Newly elected president of Ukraine, Viktor Yanukovych.Sunday's election of Viktor Yanukovych as president of Ukraine does not represent the

The European Parliament is voting Tuesday on the confirmation of the new European Commission chaired by incumbent EC President Jose Manuel Barroso. The vote, which is expected to take place in the early afternoon, is largely formal as the various EP Committees have already approved each of the Commissioner-Designates. Bulgaria's new EU Commissioner, Kristalina Georgieva, who will be in charge of humanitarian aid, was the last one to be approved last week as the country's first EC-Designate, ex Foreign Minister Rumiana Jeleva withdrew after her failed EP hearing....

BRUSSELS, Feb 8 (Reuters) - The European Union executive told Romania on Monday the country is on track with fixing its finances and extended by a year to 2012 the deadline Bucharest has to cut its budget deficit below the bloc's ceiling.

The European Commission made its assessment as part of the EU's budget disciplinary procedure, under which countries receive deadlines to reduce their fiscal gaps to below 3 percent of gross domestic product.

08 February 2010
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(BRUSSELS) - The European Commission on Monday gave Romania an extra year, till 2012, to bring its swollen public deficit back to the EU's limit of three percent of GDP, due to the gravity of the economic crisis.

"Romania has made a serious effort to limit the deterioration of its budget deficit and to preserve macro-economic stability during the past year," said the EU's Economic and Monetary Affairs Commissioner Joaquín Almunia.

BUCHAREST, Feb 8 (Reuters) - Romania sold a planned 500 million lei ($165 million) in one-year treasury bills at an auction on Monday that was oversubscribed while yields fell nearly 150 basis points, in line with market expectations.

Analysts have said investors still covet Romanian debt, as yields remain high for the region, although they have fallen significantly across maturities from a flat 10 percent level seen for most of the fourth quarter of 2009.

Bulgaria is to be presented at the International Mediterranean Tourism Market (IMTM) 2010 in Israel's Tel Aviv Tuesday and Wednesday.Bulgaria Presented at Tel Aviv IMTM 2010 Tourism Expo Its participation in the oldest tourism expo in the Eastern Mediterranean is led by Bulgarian Deputy Economy Minister in charge of tourism, Ivo Marinov. ...

South Romania is paralyzed by heavy snow and many national and local roads are closed, most newspapers read on Tuesday. In this vein, Transports minister Berceanu declares that all public money were spent on clearing roads in the winter and there will be no money left for road repairing in the summer. Elsewhere in the news, Romania's Defense ministry plans to declassify secret documents regarding the 1989 Revolution, after 20 years. Last but not least, one newspaper reveals that the government lied to impose a higher retirement age.

Austrias most eastern province of Burgenland is the home of Austrias most eager blood donors. Every year the people from Burgenland give more than 10.000 litre blood. 5 percent of all Burgenlanders are regular blood donors.

Austrias Red Cross tries to get blood donors with slogans like “Give blood, save lifes”, or “If you want to help, roll up your sleeves.” Inhabitants from Austrias eastern province of Burgenland are very accessible for such invitations. They are Austrias number one blood donors.

Tuesday 9th February 2010 2010-02-08 2.9896 -0.06% 4.0916 -0.01% 2.7869 +0.11% 4.6546 -0.98% The Camaldolese MonasteryA peaceful retreat away from Krakow's mayhem Despite t

A pair of most charitable and unlucky burglars was arrested in Israel last weekend after they decided to act unusually merciful and altruistic toward their victim.