World Bank

China Could Overtake the US as the World’s Leading Economy in 2014

A World Bank report suggests that China could take over from the US as the world’s biggest economy as early as this year.

The new report of the International Comparison Program of the World Bank suggests, that China’s economy is catching up to the US’s much more quickly than anticipated. 

Ashton Congratulates Serbia's New Leaders

Catherine Ashton, EU foreign policy chief, met Serbia's new Prime Minister and Foreign Minister, Aleksandar Vucic and Ivica Dacic, in Belgrade on Monday.

“I am absolutely delighted that I was able to make a special visit to Serbia today, to have the opportunity to congratulate you in person and to talk about the work that lies ahead,” she said.

Loan condition - solve problem of restructuring companies

BELGRADE - Dusko Vasiljevic, Private Sector Development Specialist in the World Bank country office in Serbia, said on Tuesday that the condition that would be attached to the World Bank's USD 250 million loan to Serbia is not to adopt laws on bankruptcy and privatization, but to solve the problem of restructuring companies.