• Sun, May 01, 2016
    Submitted by Sanja Stamenkovic
    Since June 2014, crude oil price has fallen more than 70% percent on the world market. The cost of oil plunged so much that travel through the Suez Canal became unprofitable, since the voyage around the Africa became cheaper. The price of refined oil, on the other hand, is not so dependant on the...
  • Fri, Dec 25, 2015
    Submitted by Sanja Stamenkovic
    It's that time of the year again. People around the world are celebrating all kinds of holidays - Christmas, New Years' Eve, Hanukah etc. The people of the Balkans are especially joyful in the winter times. Many nations of the Balkans have their own traditions and customs. Three main religions in...
  • Fri, Dec 11, 2015
    Submitted by Sanja Stamenkovic
    The struggling economy of the Balkans is looking up, but far from the EU's standard. Salaries in some of the regions of the Balkans are more than 10 times lower than salaries in some of the EU countries. According to the national statistical offices of Serbia, Bulgaria and Macedonia, in 2013 the...
  • Thu, Dec 03, 2015
    Submitted by Sanja Stamenkovic
    Negotinska Krajina is a region located near the Serbian border with Bulgaria and Romania. The fertile ground of the region is elevated between the 60 and 480 meters. The Danube river flowing along the border, makes this region's climate stable, and also provides more sunshine due to the river's...
  • Wed, Nov 25, 2015
    Submitted by Sanja Stamenkovic
    Globally, the Balkan countries' economy is not in bad shape, but still lags behind the Europe's average. All the Balkan countries have an open market economy, and belong to upper-middle income range, except Greece, which is in the high income group of countries. GDP per capita is often used as a...