EPS

The budget deficit in April was just RSD 0.9 billion, having dropped by around RSD 18 billion compared to the same month of last year, said the Fiscal Council.

IMF mission, Serbian government reach agreement

BELGRADE -- The IMF mission and the government reached Monday an agreement to complete the first review of the precautionary Stand-By Arrangement approved to Serbia.

A new report issued on March 26 by the European Fund for the Balkans, entitled "Media freedom and integrity in the Western Balkans: Recent developments", says media freedom in the three Balkan countries has "declined sharply".

PM's row with "EU-paid liars" condemned by NGO

BELGRADE -- The CEAS NGO has accused Prime Minister Aleksandar Vucic of treating the voters irresponsibly by engaging in a controversy with representatives of the EU.

Electricity, gas markets to be liberalized

BELGRADE -- A full liberalization of the electricity market, allowing citizens to choose their suppliers in an open market, will begin from the New Year.

The liberalization of the gas market is set to start as well.

BELGRADE - A full liberalisation of the electricity market, allowing citizens to choose their suppliers in an open market, will begin from the New Year, with the liberalisation of the gas market set to start as well.

"State should remain majority owner of EPS"

BELGRADE -- The state should remain a majority owner of the Electric Power Industry of Serbia (EPS), but the company should be reorganized so that it operates at a profit.

The newly appointed president of the EPS Supervisory Board, Branko Kovačević, told this to Tanjug on Thursday.

BELGRADE - The state should remain a majority owner of the Electric Power Industry of Serbia (EPS), but the company should be reorganized so that it operates at a profit, the newly appointed president of the EPS Supervisory Board, Branko Kovacevic, told Tanjug on Thursday.

Minister: IMF arrangement almost certain

BELGRADE -- Serbian Finance Minister Dušan Vujović said on Wednesday that a new arrangement with the IMF is "almost 100 percent" certain.

He added that the spending cuts are set to amount to 4.25 percent of GDP, or approximately EUR 1.3 billion, in the next three years.

BELGRADE - Serbian Finance Minister Dusan Vujovic said Wednesday that the arrangement with the IMF is almost 100 percent certain, adding that the spending cuts are set to amount to 4.25 percent of GDP, or approximately EUR 1.3 billion, in the next three years.