World Bank

Skopje must boost productivity to catch up with EU, World Bank says

The Former Yugoslav Republic of Macedonia (FYROM), which hopes to soon unlock its stalled bids for European Union and NATO membership, should boost productivity and reduce fiscal risks to start catching up with EU economic standards, a World Bank report said on Thursday.

Interview/WB's Proskuryakova says Romania should be united in terms of geographical borders, opportunities for its people

Romania is getting close to its 100th birthday with a lot of things to be proud of, but it's important to be united not only in terms of its geographical borders, but also in terms of the opportunities that it gives to all its people, Country Manager for Romania and Hungary of the World Bank Tatiana Proskuryakova told AGERPRES in an interview.

Pakistan refuses to accept tough IMF conditions

This handout photo taken and released by the International Monetary Fund (IMF) on Oct. 11 shows IMF Managing Director Christine Lagarde (L) greeting Pakistan Finance Minister Asad Umar (R) at the Bali Convention Centre during the 2018 IMF/World Bank annual meetings in Nusa Dua on the Indonesian resort island of Bali.

Foreign Investors Council's White Book presented in Belgrade

In the nine months it reached 4.5 percent of GDP, and and by the end of the year it will be more than 4 percent, Brnabic said, according to remarks published by the Serbian government.

Brnabic was presenting the results of the White Book 2018 of the Foreign Investors Council, saying that the planned economic growth had been 3.5 percent of GDP.

Bosnian Entrepreneurs Face Bureaucratic Obstacles to Success

Denis Zvizdic, the chair of Bosnia and Herzegovina's Council of Ministers, painted an optimistic picture in his speech to the Sarajevo Unlimited regional forum on Tuesday, saying that regional cooperation and networking would help young entrepreneurs find their place on the global market.

Doing business in Greece gets ever harder, data shows

Greece has slipped further in the international competitiveness chart in terms of starting an enterprise, dropping five more places this year in the list of countries surveyed for the World Bank's annual Doing Business report.

This country's scores have headed south in all but one field examined, to end up 72nd in the world.

Serbia drops 5 places on WB's Doing Business report

This is true even though it has a higher points total, says the latest World Bank report, "Doing Business 2019: Training for Reform", released on Wednesday, Tanjug reported.

"The main reasons behind the drop in the rankings are the faster pace of improvements in other economies' business regulatory environment," the World Bank said in a statement.