Economy of the European Union

Sentiment in the eurozone fell for a second straight month to its lowest level in more than a year in September, suggesting the single currency bloc will fall back into recession, a survey by Sentix showed on Monday.

International Monetary Fund (IMF) head Christine Lagarde urged Germany to increase investments to help spur the eurozone's flagging economic recovery, adding that the bloc as a whole needed to make more structural reforms.

Serbian currency continues to drop against euro

BELGRADE -- The dinar (RSD) declined by 0.3 percent against the euro (EUR) on Monday, with the official medium exchange rate at RSD 118.7954, the central bank (NBS) said.

Currency loses more ground despite intervention

BELGRADE -- The Serbia dinar (RSD) declined in value by 0.2 percent against the euro (EUR) on Friday.

This came despite an intervention by the National Bank of Serbia (NBS), which sold EUR 30 million on the interbank foreign exchange market on Thursday.

BELGRADE - The dinar declined by 0.2 percent against the euro on Friday despite an intervention by the National Bank of Serbia (NBS), which sold EUR 30 million on the interbank foreign exchange market on Thursday, and the official medium exchange rate is at RSD 118.4256, the NBS said in a statement.

The dinar thus hit a record low against the euro since the beginning of the year.

High sovereign debt and unemployment are the major issues plaguing Greece'a economy, eurogroup chief Jeroen Dijsselbloem told the European Parliament's economic and monetary committee in Brussels on Thursday.

A seasonal rise in industrial activity helped Romania's economy to grow by an annual 2.4 per cent in the first six months of the year, according to data released on Wednesday by the Statistics Institute, INS.

Eurozone retail sales slowed as expected in July, data showed on Wednesday, adding to worries about eurozone economic growth, which ground to a halt in the second quarter.

BELGRADE - Improvement of the investment climate and the support of the European Bank for Reconstruction and Development (EBRD) to making local-level enterprises more efficient were the main topics of Wednesday's meeting between Serbian Minister of State Administration and Local Self-Government Kori Udovicki and Jean-Marc Peterschmitt, EBRD Managing Director for Central and South Eastern Europe

BELGRADE - The dinar has again dropped by 0.1 percent against the euro on Wednesday, setting the official middle exchange rate at RSD 118.0728, the National Bank of Serbia (NBS) stated in a release.