The European Fund for Southeast Europe (EFSE) has lent Raiffeisen Albania 3.0 million euro ($4.0 million) to support the bank's lending to individuals and small and medium-sized enterprises (SMEs).
An official UK report showed that the British industry is suffering as 540,000 of the migrants who have come from the EU new member states returned to their countries following the global crisis. How a massive reverse migration will affect the SEE?
Oct 8, 2008
The new labour force will push up the local economies
The gross domestic product will slow its growth due to the lower level of money transfers from abroad
The returning experts will lead to unstable social security system and dissatisfaction of population
The reverse migration will raise the level of business culture to the one in the countries in western Europe
The reverse migration will not provoke major changes
In the 17th century, Croatian soldiers used to wear a little piece of cloth around their neck...
In the 17th century, Croatian soldiers used to wear a little piece of cloth around their neck. In France, people were enthusiastic about it and adopted this fashion, calling the piece of cloth “de Croat” (of Croatians). That is where the actual name of “cravatta” (necktie) is deriving from.
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