World Bank

The local Serbian branch of the watchdog organisation Transparency International sent an analysis of the disputed mine tender to a parliamentary committee in Serbia on February 9, dismissing claims that a tender for the work of dewatering the mine had been required by the World Bank.

Key points from BIRN's investigation

A team led by the International Monetary Fund will resume discussions in April with the Romanian government over a new standby agreement because they have failed so far to agree on several issues, the centre-left Prime Minister Victor Ponta announced on Monday.

Prime Minister Victor Ponta announced on Monday that the Government did not reach an agreement with the international financial partners about the increase in the price of natural gas and the restructuring of the Hunedoara and Oltenia energy complexes, for which reason a letter of intent will not be signed yet, adding that the rest of the objectives are fulfilled.

Not according to credit ratings agency Standard & Poor?s. In a note released on Feb. 6, S&P said the ?banking regulator?s (BDDK) decision to transfer the management of Bank Asya to the Savings Deposit Insurance Fund (TMSF) does not affect the unsolicited credit ratings on Turkey.?

The independence of the Central Bank and similar institutions is important for business circles, the head of Turkey?s top business organization has said, calling for an end to recent developments that cast a shadow over the independence of key institutions.

EU to give Serbia EUR 2.5mn to bolster innovation

BELGRADE -- The European Union (EU) has allocated EUR 2.5 million for a project supporting research, innovation and technology transfer in Serbia.

Participants in a meeting in Belgrade marking the launch of the project made the announcement on Monday.

BELGRADE - The European Union (EU) has allocated EUR 2.5 million for a project supporting research, innovation and technology transfer in Serbia, participants in a meeting in Belgrade marking the launch of the project said Monday.

STOCKHOLM - Serbian Prime Minister Aleksandar Vucic presented the government's program of economic and legal reforms to representatives of major Swedish companies on Monday.

Vucic sought suggestions and advice from Swedish entrepreneurs on the way in which Serbia can improve its investment conditions so as to attract more foreign investors, reports Radio and Television of Serbia.

BELGRADE- Head of the World Bank office in Serbia TonyVerheijen said on Saturday the Serbian government had made a good move in adopting an action plan for bankruptcy in 188 of its companies, adding that it was also a step towards getting a USD 200 World Bank loan to support Serbia's 2015 budget.

BELGRADE - Serbia's Finance Minister Dusan Vujovic has said that all banks and their clients with savings accounts will have to put some of their money into the Deposit Insurance Fund in the future, adding that the fund will mostly have independent members of the management board.