Latest News from Serbia

World Bank sees Western Balkan economies growing but reforms needed

Published by Kathimerini on Thu, 04/11/2024 - 14:50

Economic growth in the six Western Balkan countries is projected to rise 3.2% this year and 3.5% in 2025, going back to pre-pandemic averages but still too low for faster convergence with the European Union, the World Bank has said in a report.

Serbia Against Violence walks out of meeting on ODIHR recommendations

Published by Tanjug on Thu, 04/11/2024 - 14:42

BELGRADE - Representatives of the opposition Serbia Against Violence coalition walked out of Thursday's meeting with the ruling coalition on implementation of ODIHR recommendations.

At a press conference in the lobby of the parliament building, the representatives did not elaborate on whether they would take part in further dialogue on the matter.

World Bank revises upward its 2024 growth projection for Serbia to 3.5 pct

Published by Tanjug on Thu, 04/11/2024 - 12:51

BELGRADE - The World Bank has revised upward its 2024 GDP growth projection for Serbia from 3 pct to 3.5 pct.

At a presentation of the institution's regular economic report for the Western Balkans, World Bank Senior Economist Lazar Sestovic said the projection had been revised following an increase in investments that was expected to result in slightly stronger economic growth.

Vucic meets with Chinese minister of commerce

Published by Tanjug on Wed, 04/10/2024 - 18:36

BELGRADE - Serbian President Aleksandar Vucic met with Chinese Minister of Commerce Wang Wentao in Belgrade on Wednesday to discuss strategic aspects of bilateral and economic relations as well as concrete projects that will strongly accelerate Serbia's growth.

Brnabic meets with Borg

Published by Tanjug on Wed, 04/10/2024 - 17:42

BELGRADE - Serbian Parliament Speaker Ana Brnabic met with OSCE Chairman and Maltese FM Ian Borg in Belgrade on Wednesday.

Brnabic informed Borg she had invited all parliamentary parties to another round of discussions on implementation of recommendations by the OSCE Office for Democratic Institutions and Human Rights (ODIHR), scheduled for Thursday.

Purchase of Rafale jets no violation of Serbia's military neutrality - MoD

Published by Tanjug on Wed, 04/10/2024 - 17:15

BELGRADE - The Serbian Ministry of Defence dismissed on Wednesday as "extremely unfounded and incompetent" allegations that a purchase of 12 new Rafale multirole fighter jets was a violation of Serbia's military neutrality, and noted that such claims were aimed at generating artificial publicity and deceiving the public.

Greece's position on so-called Kosovo remains unchanged - report

Published by Tanjug on Wed, 04/10/2024 - 15:31

ATHENS - Quoting unnamed diplomatic sources, the Greek news agency ANA reports that Greece's position on Serbia and the so-called Kosovo remains completely unchanged.

"There has been no change of attitude, nor do we intend for there to be a change of attitude," the sources were quoted as saying.

Dacic: Serbia to contribute to dialogue amid global crisis

Published by Tanjug on Wed, 04/10/2024 - 14:49

BELGRADE - Serbian FM Ivica Dacic met with OSCE Chairperson and Maltese FM Ian Borg in Belgrade on Wednesday, and noted that Serbia considered the OSCE the most significant security platform and stood ready to contribute to dialogue amid a global crisis.

Serbia registers 5.3 bln dinar budget surplus in January-February

Published by Tanjug on Wed, 04/10/2024 - 12:58

BELGRADE - Between January and February this year, Serbia saw a 5.3 bln dinar budget surplus, which is 52 bln dinars better than a planned 46.7 bln deficit.

According to figures released by the Ministry of Finance, a 24.9 bln dinar deficit was registered in February alone.

In February 2024, revenues totalled 158.6 bln dinars, while expenditures amounted to 183.5 bln dinars.

Momirovic: China Serbia's second-largest economic partner, we want to boost trade

Published by Tanjug on Wed, 04/10/2024 - 12:12

BELGRADE - Serbian Minister of Internal and External Trade Tomislav Momirovic said on Wednesday no country in the region or Europe maintained the same level of cooperation and mutual trust with China that Serbia did, and noted that China was Serbia's second-largest economic partner behind Germany.

Serbian February public debt at 48.7 pct of GDP

Published by Tanjug on Wed, 04/10/2024 - 11:26

BELGRADE - Serbia's public debt rose by 26.3 bln dinars to 4,268.1 bln dinars (36.4 bln euros) in February, accounting for 47.8 pct of GDP.

According to figures released by the Public Debt Administration of the Serbian Ministry of Finance, foreign currencies accounted for 77.7 pct of the total public debt at end-February.

Djokovic breezes past Safiulin at Monte Carlo Masters

Published by Tanjug on Tue, 04/09/2024 - 18:04

MONTE CARLO - Serbia's Novak Djokovic, the world number one in men's tennis singles, has made a storming start to the clay court season by beating Russian Roman Safiulin 6-1, 6-2 in the Monte Carlo Masters second round.

Djokovic, who won after just 69 minutes of play, is now 2-0 head-to-head against Safiulin.

Vucevic: Heroes of Kosare an impenetrable rampart of our freedom

Published by Tanjug on Tue, 04/09/2024 - 17:45

BELGRADE - Serbian Deputy PM and Defence Minister Milos Vucevic said on Tuesday the heroes of the 1999 Battle of Kosare in Kosovo-Metohija "were, and remained, an impenetrable rampart of our freedom."

On the 25th anniversary of the battle, Vucevic said the heroes of Kosare had risen to the "immortal ranks" of "our ancestors."

Vucic: I hope we will bring Louis Vuitton to Serbia by 2026

Published by Tanjug on Tue, 04/09/2024 - 16:29

PARIS - Serbian President Aleksandar Vucic said on Tuesday in Paris he hoped French luxury fashion brand Louis Vuitton would open an office in Belgrade by 2026 and noted that the move would be significant for the Serbian economy and tourism industry.

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