ECB Sets Timeline for Digital Euro, Eyes 2029 Launch
The European Central Bank (ECB) has confirmed that the introduction of a digital euro will proceed only once the necessary legislative framework is established by European institutions
EU High Representative for Foreign Affairs and Security Policy Kaja Kallas stated that **Albania’s accession to the European Union by 2030 is achievable, provided the country implements necessary reforms. Speaking at a press conference in Tirana, Kallas emphasized that strengthening the rule of law is crucial, as it forms the foundation of the EU.
Albanian Prime Minister Edi Rama, during the same press conference, outlined the country’s ambition to finalize EU accession negotiations by 2027, followed by a two-year ratification process. He highlighted Albania’s full alignment with EU foreign policy as a key factor in accelerating membership. Albania officially began EU accession talks on October 15, 2024, after applying in 2009 and receiving candidate status in 2014.
Kallas and Rama also discussed regional stability, stressing the importance of normalizing Kosovo-Serbia relations. During her visit, the EU signed a €90 million agreement to finance the Durrës-Rogozhinë railway, a critical segment of Corridor 8—a transport route linking Southern Italy to Bulgaria’s Black Sea coast via Albania and North Macedonia.
The railway project aims to modernize Albania’s outdated rail network, which has seen minimal upgrades since its inception, with trains currently limited to 60 km/h. The 136 km line will extend to North Macedonia’s border, including a planned 2.8 km cross-border connection. Rama described it as a vital link integrating Albania into Europe’s transport network.
Kallas’ trip to Tirana marks her first Western Balkans tour as EU High Representative, following visits to Montenegro and concluding in Bosnia and Herzegovina.
Russian Ambassador to Serbia Alexander Botsan-Kharchenko delivered sharp criticism of Bulgaria, highlighting its EU membership as a complicating factor in the delivery of Russian gas to Serbia
According to the 2025 Corruption Perceptions Index (CPI) released by Transparency International, Serbia has recorded its lowest ranking in 20 years, placing 116th out of 182 countries and territories
The Romanian government is moving to reshape the country’s economy by shifting the focus from consumption-driven growth to investment-led development, according to Finance Minister Alexandru Nazare.
Sinisa Karan has been confirmed as the new president of Republika Srpska following a repeat early election held to replace the banned Bosnian Serb leader Milorad Dodik, according to final results.
At least 14 people have died after a migrant speedboat collided with a Greek coastguard patrol vessel near the eastern Aegean island of Chios, according to Greek authorities. The incident occurred at sea, prompting an immediate large-scale search and resc
Greek national security agencies have launched an investigation into the growing number of land and property acquisitions in Northern Greece by citizens from Bulgaria and Turkey
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