Lazar Krstic

BELGRADE - Minister of Finance Lazar Krstic has said that the predictions about Serbia going into bankruptcy should it fail to save EUR 400 million are exaggerated and will not become a reality, but that the budget deficit has to be smaller, which is one of the goals of Serbia's economic recovery.

BELGRADE - The government of Serbia made a unanimous decision late on Wednesday to approve the USD 1 billion loan from the United Arab Emirates.

Owing to the loan, Serbia will save USD 40 million annually, or approximately USD 400 million over the period of ten years, Finance Minister Lazar Krstic pointed out.

What stopped investment said to be the crucial one Nobody wants to guarantee for credit for "Southern stream"

The ‘Southern Stream’ project in Serbia is at standstill at the moment because of the problem of securing state guarantees for the loan necessary for a foundation investment for a joint venture.

Lazar Krstić: Economists make drama, bankruptcy not in sight

We are inclined to apocaliptic assessments and predictions. This is comment by the Serbian Minister of Finance on claims that the country shall go into bankruptcy if it fails to save 400 million Euros.

KOPAONIK - Serbian Minister of Finance Lazar Krstic said on Wednesday that an agreement with the United Arab Emirates (UAE) on a USD 1 billion budgetary loan and a loan for irrigation, worth USD 100 million, will be signed on Thursday.

ABU DHABI - Serbian First Deputy Prime Minister Aleksandar Vucic conferred in Abu Dhabi with Crown Prince Sheikh Mohamed bin Zayed Al Nahyan on Monday.

The talks covered all joint projects in the United Arab Emirates (UAE), project 'City on Water' and loans which Serbia will get from UAE on lowest interest rates.

BELGRADE - The official talks between the outgoing Serbian govenrment and the Mission of the International Monetary Fund (IMF) concerning a new three-year arrangement with the IMF and ongoing economic developments in the country will begin in Belgrade on Monday.

BELGRADE - Serbian Finance Minister in the technical government Lazar Krstic has said that the new Serbian government, which will be formed after the forthcoming parliamentary elections, will be negotiating a new three-year arrangement with the International Monetary Fund (IMF).

BELGRADE - A mission of the International Monetary Fund (IMF) is coming to Serbia on Wednesday, Tanjug learnt at the IMF office in Belgrade, and according to a previous announcement, the topics to be discussed will include a potential precautionary arrangement with Serbia.

PM Ivica Dačić participated in a high-level regional forum organized in London on Monday by the European Bank for Reconstruction and Development (EBRD).

He presented Serbia's results in the creation of favorable business and investment environment, emphasizing that no project can be implemented without stability of the region.