World Bank

Prime Minister Victor Ponta says he has informed National Bank of Romania (BNR, the central bank) Governor Mugur Isarescu about the Executive's intentions of cutting the VAT and of the economic results of the first quarter of 2015.

Photo credit: (c) Liviu SOVA / AGERPRES PHOTO

Turkey?s Justice and Development Party (AK Parti) government, which has been reelected since 2002, has been favored by international investors as a provider of a suitable investment environment.
There were two main reasons for this.

BELGRADE - Environmental protection is a priority for the city authorities and a tender for the Vinca landfill will be launched by July, says Belgrade City Manager Goran Vesic.

Since the end of the Cold War, the international system has been fluctuating. While the bipolar system has ended, no equivalent is in place yet. In the early days of the post-Cold War era, some talked about the unipolar moment as the United States dominated the world with its unrivalled economic and military power.

BELGRADE - Minister of Agriculture Snezana Bogosavljevic Boskovic presented on Tuesday the Strategy of Agriculture and Rural Development of Serbia from 2014 to 2024.

There was a reception at Istanbul?s gorgeous Ç?ra?an Palace on the evening of March 26 held by top industrialist Güler Sabanc? in honor of Sabanc? University member Dr. Fatih Birol?s election as the director of the International Energy Agency (IEA); she seemed truly proud of Birol?s success.

BELGRADE - Serbia's Energy Minister Aleksandar Antic said on Thursday that the price of electricity would not go up as from April 1, although that had been the deadline agreed with international financial institutions.

BELGRADE - The framework analysis of state agencies, which is part of the analysis of the purposefulness of the way the public administration is organized, will be completed soon, Serbian Deputy Prime Minister and Minister of Public Administartion Kori Udovicki said on Thursday.

WB approves USD 100mn loan, "Serbia on right track"

BELGRADE -- Tony Verheijen says World Banks' USD 100 million loan "is a message that the country is heading in the right direction with its reforms."

The head of the World Bank office in Serbia added that this year the the international financial institution will earmark a total of USD 400 million for Serbia.

BELGRADE - Head of the World Bank (WB) office in Serbia Tony Verheijen has said that the fact that the WB has granted the EUR 100 million loan for the Serbian budget is a message that the country is heading in the right direction with its reforms, and added that this year the WB will earmark USD 400 million for Serbia.