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Galatasaray within an inch of league title

Galatasaray narrowly beat Gençlerbirli?i in the Turkish Spor Toto Super League match-up on May 16, as Dutch star midfielder Wesley Sneijder scored a vital goal on the road to the domestic title, with two games to spare.

The Lions' ace in offense, Sneijder, found the net in the penalty area in the 67th minute, with a rare inside-foot shot after an assist by striker Burak Y?lmaz. 

PKS names Telekom Srbija most socially responsible company

BELGRADE - Telekom Srbija is the winner of this year's National Award for Socially Responsible Business Operation in 2014, handed out by the Chamber of Commerce and Industry of Serbia (PKS).

Telekom Srbija CEO Predrag Culibrk received the award from Minister of Labour, Employment, Veteran and Social Affairs Aleksandar Vulin.

Lazard Freres named privatisation adviser for Telekom Srbija

BELGRADE - Telekom Srbija has accepted the bid by the French consultancy company Lazard Freres SAS to provide management consulting services in the process of privatising the Serbian telecoms operator.

The adviser is expected to establish a proposed privatisation model over the next two months, Telekom Srbija said in a statement.

In IMF memorandum, govt. pledges to hike electricity price

In IMF memorandum, govt. pledges to hike electricity price

BELGRADE -- Under its latest arrangement with the IMF, the Serbian government has pledged to "support EPS in preparing a financial restructuring plan."

In combination with an excise tax, this would result in a 15 percent total increase in the price of electricity for end consumers as of April 1, 2015.

Gov't pledges to increase price of electricity by 15 pct

WASHINGTON- Under its latest arrangement with the International Monetary Fund (IMF), the Serbian government has pledged to support Elektroprivreda Srbije (EPS) in preparing a financial restructuring plan which, in combination with an excise tax, would result in a 15 percent total increase in the price of electricity for end consumers as of April 1, 2015.

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