Finance Ministry

The Turkish financial system operates in full compliance with international obligations, the Treasury and Finance Ministry has said in a statement in response to allegations in a recent New York Times article.

BELGRADE - The IMF Executive Board has decided that a first review under a stand-by arrangement with Serbia was successful, and Serbian Finance Minister Sinisa Mali said on Thursday the decision was another confirmation of the appropriateness of Serbia's economic policy and structural and institutional reforms.

Some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine, Cyprus' Finance Ministry said Tuesday.

BELGRADE - Serbian Deputy PM and Finance Minister Sinisa Mali and European Investment Bank (EIB) Vice President for the Western Balkans Lilyana Pavlova agreed on Thursday joint projects were progressing well and were being carried out without problems.

Mali and Pavlova discussed projects underway in Serbia in collaboration with the EIB and the dynamics of their implementation.

Ljubljana – The Toronto-based credit rating agency DBRS Morningstar has affirmed Slovenia’s A rating and the New York-based agency S&P Global Ratings has affirmed the country’s AA- rating, both with a stable outlook, the Finance Ministry said on Saturday.

Ljubljana – The credit rating agencies S&P Global and DBRS Morningstar have confirmed Slovenia’s credit rating, the Finance Ministry has announced. S&P Global confirmed the credit rating at AA- with a stable outlook and DBRS Morningstar at A with an equally stable outlook.

Ljubljana – Slovenia plans to issue a 60-year bond subject to market conditions and has commissioned BNP Paribas, Deutsche Bank, Goldman Sachs Bank Europe SE and HSBC to manage the issue, the Finance Ministry announced on Tuesday.

Additional details have not been disclosed, but this would be the longest maturity for a bond Slovenia has ever issued.

Ljubljana – Responding to the EU Court of Justice ordering Slovenia pay a fine for failing to transpose changes to the EU directive on markets in financial instruments in due time, the Finance Ministry said the delay had not affected private and public interests. It added that the European Commission had been informed about the transposition.

Ljubljana – The Finance Ministry has commissioned several international banks to manage a new, 10-year bond with maturity in 2031 and increase a 30-year bond issue due in 2050 in the near future, depending on the situation on financial markets.

Turkey has kick-started a campaign to train at least 1 million software developers in a project assisted with online courses.