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...underlined privatization and fighting organized crime as priorities for the government. And E.U. officials were pleased with the austere 2010 budget approved by Serbian lawmakers Monday that meets the strict terms of a recent International Monetary Fund loan. Belgrade is also rethinking its military options after neighbors Albania and Croatia joined NATO earlier this year, meaning most of Serbia is now surrounded by the alliance that bombed it in 1999. Serbia has already joined NATO's Partnership for Peace (PfP) program, a cooperation framework for NATO member aspirants. (See the top news stories of the year...

Author: /time Magazine | Title: A Pariah No More: Serbia Bids to Join the E.U. | 12/23/2009 | See Source »

...despite Serbia's newfound enthusiasm for the rest of Europe, officials caution against expecting any swift E.U. accession. Slovenia is the only former Yugoslav republic that has managed to join the bloc; Serbia now joins Croatia, Macedonia, Montenegro, Albania, Turkey and Iceland in an ever-lengthening line of aspiring candidates. Almost all of the other applicants are further along the path to membership. And within the E.U., there is growing resistance toward adding new members, a sentiment known as "enlargement fatigue" following the recent accession of a dozen mainly eastern European countries...

Author: /time Magazine | Title: A Pariah No More: Serbia Bids to Join the E.U. | 12/23/2009 | See Source »

...This unique biennial amalgam, sponsored by the Himal Association, showcases films about "mountains, mountain environments, mountain cultures and communities from various corners of the world," accompanied by discussion forums and exhibitions. Works at the sixth festival, being held Dec. 11-15, come from as far afield as Afghanistan, Peru, Croatia and Switzerland. After screenings in Kathmandu, the films are taken on the road for a tour of Nepalese cities and towns. Details at kimff.org...

Author: /time Magazine | Title: The Festival Circuit | 11/30/2009 | See Source »

Meanwhile, a mastermind of one of the most elaborate insider-trading schemes in recent history remains on the lam. David Pajcin, a former Goldman Sachs analyst, pleaded guilty in 2006 of running a $6.7 million scam that authorities first detected when a retired underwear seamstress in Croatia earned $2 million in profit from a suspicious, two-day investment in Reebok. The 63-year-old, who did not own a computer, was Pajcin's aunt; he traded stocks in her name and in the name of an exotic dancer he was dating to escape scrutiny. In one ploy to glean inside...

Author: /time Magazine | Title: Insider Trading | 11/9/2009 | See Source »

...want to take Bosnia and Herzegovina down the same highway to hell and suffering that Slovenia and Croatia are traveling. Do not think that you will not lead Bosnia and Herzegovina into hell, and do not think that you will not perhaps lead the Muslim people into annihilation because the Muslims cannot defend themselves if there is war. How will you prevent everyone from being killed in Bosnia and Herzegovina?" - Speaking before the Bosnian Parliament in October 1991 during a debate over whether to declare the Serb Republic sovereign. (The Serbs: History, Myth and the Destruction of Yugoslavia, Yale University...

Author: /time Magazine | Title: Former Bosnian Serb Leader Radovan Karadzic | 10/27/2009 | See Source »

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