Latest News from Serbia

Minister presents new energy law draft to assembly

Minister presents new energy law draft to assembly

BELGRADE -- Serbia's new energy law will "hrow the door open wide to investors to put money in the energy sector in Serbia," Aleksandar Antic said in the parliament Friday.

Banking sector in Serbia has EUR 27.5 billion

BELGRADE - Banks in Serbia had a total of EUR 27.475 billion in October this year, the National Bank of Serbia (NBS) has said in a statement.

Nikolic to have separate meetings with Wilhelm, Kirby Monday

BELGRADE - Serbian President Tomislav Nikolic will meet with the Ambassador of the Federal Republic of Germany to Serbia, Heinz Wilhelm, on Monday, the president's press office has said in a release.

FM confirms Serbian cabinet will be reshuffled

FM confirms Serbian cabinet will be reshuffled

BELGRADE -- Foreign Minister Ivica Dacic has said that there will be changes in the Serbian government by the end of January, "that is, the beginning of February."

"There will be a reshuffle, because (PM Aleksandar) Vucic likes it that way," he told the Belgrade-based Pink broadcaster.

'They Never Had It Better?' exhibition opens on Saturday

BELGRADE - 'They Never Had It Better?', an exhibition focusing on the modernization of everyday life in socialist Yugoslavia, will open at the Museum of Yugoslav History in Belgrade on December 27.

First Serbian business investment forum in UAE in January

BELGRADE - In collaboration with the Serbian embassy in the United Arab Emirates (UAE), the Serbian Business Council will organise the First Serbian Business and Investment Forum in the UAE from January 25 through 30.

Coal production resumes in Tamnava West Field

Coal production resumes in Tamnava West Field

LAZAREVAC -- Coal is being mined again in the Tamnava - West Field (Zapadno polje) strip mine, "the most significant open pit of the Kolubara mining basin," Tanjug reported.

This section of the mine was flooded in May.

Coal production in Tamnava resumes

KOLUBARA - Coal is being mined again in the Tamnava - Zapadno polje mine pit, the most significant open pit of the Kolubara mining basin which was inundated in the May flooding.

The production in the open pit was restarted in the presence of Prime Minister Aleksandar Vucic, who said that the Serbian energy system will be stable and that there will be no restrictions.

New law on energy is in line with EU legislation

BELGRADE - The energy bill the parliament will discuss on Friday should bring Serbia's regulations in that field in line with EU legislation.

The new bill is proposed in order to harmonise Serbian legislation with that of the EU in a comprehensive and efficient way and solve problems noticed in practice, according to the argumentation for the bill.

Kirby: 2015 will show how reforms work in practice

BELGRADE - U.S. Ambassador to Serbia Michel Kirby has said that 2015 will show how reforms and new laws work in practice, and pointed to low economic growth as the key issue for Serbia.

FM: Much is expected from Serbia

FM: Much is expected from Serbia

BELGRADE -- When Serbia takes over the OSCE presidency on January 1. "it should demonstrate a serious approach because everyone expects a lot," says Ivica Dacic.

Speaking for the RTS public broadcaster, the foreign minister added that Serbia was also "seriously preparing."

Teodosic among top five players in Europe

BELGRADE - Serbian basketball player Milos Teodosic, who is a member of the national team and CSKA from Moscow, has been named one of the top five players in Europe in 2014 by Eurohoops.

This portal says Teodosic led Serbia to an unexpected final of the world championship in Spain, where he played extremely well.

Experts believe currency will continue to weaken

Experts believe currency will continue to weaken

BELGRADE -- Economic experts have voiced their belief the domestic currency would continue to weaken in the coming year.

They also think the National Bank of Serbia (NBS) would not allow a sharp depreciation of the dinar (RSD) against the euro (EUR).

Central bank introduces yuan to domestic forex market

Central bank introduces yuan to domestic forex market

BELGRADE -- The National Bank of Serbia (NBS) has included the Chinese yuan in the list of foreign currencies that could be traded on the foreign exchange (forex) market.

Gov't adopts guidelines for Srbijagas restructuring

BELGRADE - The Serbian government adopted the guidelines for restructuring Serbia's state-owned gas provider Srbijagas at a meeting Thursday, the Ministry of Energy and Mining said in a release.

This is an important first step in making Srbijagas a market-oriented, profitable company, the ministry said.

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