Latest News from Serbia

Arsic:Cut in number of public sector employees almost cerain

BELGRADE - A cut in the number of public sector employees is almost certain, and it can total 10 to 15 percent in the next two years because the forthcoming fiscal consolidation measures are expected to make room for fairly small savings, economic expert and professor at the Belgrade Faculty of Economics Milojko Arsic stated on Thursday.

Gov't suspends Bar Association instructions

BELGRADE - The Serbian government on Thursday suspended the Bar Association of Serbia instructions ordering lawyers to go on strike under threat of disciplinary action or being banned from legal practice, which will enable all lawyers who are willing to go back to work to do so on Friday without the fear of losing their licences.

August average salary RSD 45.610

BELGRADE - The average net salary in Serbia in August 2014 amounted to RSD 45.610, and compared to the average net salary paid in July 2014, it went up by 0.9 percent in nominal terms and 1.1 percent in real terms, the Statistical Office of the Republic of Serbia said in a release.

NBS to focus attention on reducing inflation fluctuations

BELGRADE - The National Bank of Serbia (NBS) will endeavor to promote results in the area of price and financial stability, with a special focus on reducing volatility of the inflation rate and its stabilization at the target level, NBS Governor Jorgovanka Tabakovic stated on Thursday.

Arsic: Serbia is about to face recession, GDP drop in 2015

BELGRADE - Serbia will enter recession once more next year, Editor-in-Chief of the Quarterly Monitor economic magazine Milojko Arsic said on Thursday.

Serbian Deputy Prime Minister visits Republika Srpska

BANJALUKA - Serbian Deputy Prime Minister Zorana Mihajlovic and Republika Srpska's (RS) Construction Minister Srebrenka Golic announced in Banjaluka on Thursday that the representatives of Serbian and RS construction sectors will meet in Belgrade in November to discuss the possibility of joint bidding in the local and international markets.

Prime minister confers with ambassador of Angola

BELGRADE - Serbian Prime Minister Aleksandar Vucic conferred on Thursday with Ambassador of Angola Toko Diakenga Serao whose mandate in Serbia is about to expire, and expressed gratitude to him for his exceptional contribution to the improvement of the two countries' relations during his five-year mandate in Serbia.

Troicki reaches quarterfinals in Shenzhen

SHENZHEN - Serbia's Viktor Troicki defeated Spain's David Ferrer 6-3 6-4 in the second round of the ATP tournament in Shenzhen on Thursday and qualified for the quarterfinals of the event.

Troicki's fast and efficient play against the tournament's top seed showed that he is on his way back among the tennis elite.

Lawyers continue strike, demand Selakovic to resign

BELGRADE - Members of the bar chambers of Belgrade and Serbia announced during the protest in front of the Palace of Justice on Thursday that they would continue with the strike until their requests are met, one of which covers the resignation of Justice Minister Nikola Selakovic.

Initiative launched to introduce shipping line to Russia

BELGRADE - The Chamber of Commerce and Industry of Serbia (PKS) has submitted an initiative to the commercial representative office of the Russian Federation in Serbia for a shipping line to be introduced between the two countries, PKS official Milos Kosanic said on Thursday.

Preparations minority council elections are under way

BELGRADE - The Serbian Electoral Commission has so far approved 29 slates for the elections for the seats on the national minority councils scheduled for October 26, and head of the Office for Human and Minority Rights Suzana Paunovic has said that the run-up to elections was going as planned.