Serbia's government

Flood Threat Prompts Serbia to Declare Emergency

Serbia's government said it was declaring an emergency situation as a preventive measure, so that the authorities can react fast in saving lives and repairing damage caused by floods.

"The government will have daily meetings of the headquarters for emergency situations, and will continuously follow the situation in the field and inform citizens about it," it said.

Serbia Starts Fresh Talks With IMF

Serbia's government on Thursday started technical talks with IMF representatives, led by James Roaf, on the second review of the IMF stand-by arrangement worth 1.2 billion euro.

In recent days, Serbia has said it will try obtain an agreement with the IMF to raise salaries and pensions.

But Muhamed Busatlija, an economist, said that was unlikely.

Leading German Meat Processor to Build 20 Pig Farms in Serbia

Serbia's government has signed a memorandum of understanding with German food industry giant Toennies Lebensmittel.

Clemens Toennies, head of the Toennies meat group, announced that his company would soon build the first 5 of a total of 20 pig farms in the country, according to Serbian daily Dnevnik, as cited by the Bulgarian Telegraph Agency.

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