European Free Trade Association

Vucic, Reichel: Serbia makes visible progress on EU path

BELGRADE - Serbian Prime Minister Aleksandar Vucic and German Foreign Office Special Envoy for South-Eastern Europe, Turkey and the EFTA States Ernst Reichel stated on Thursday that Serbia has made visible progress on its EU path.

Vucic informed Reichel about the adoption of reform laws and announced that Serbia will soon become economically successful and prosperous country.

Serbia's foreign trade is up 4.5 pct to EUR 15.38 bil

BELGRADE – In the January-July 2014 period, Serbia’s foreign trade increased 4.5 percent against a year earlier to EUR 15.381 billion, and the export-import ratio was up from last year’s 69.3 percent to 72.9 percent, the Statistical Office of the Republic of Serbia (RZS) said in a release on Friday.

Car deliveries soar 42 pct in Greece

Europe’s car sales rose 4.3 percent in May as volume brands Skoda, Renault and Opel posted stronger growth than premium marques BMW and Audi, according to registrations data published on Tuesday.

Europe’s car market has shown signs of recovery from a six-year slump, but excess production capacity, heavy discounting and incentives continue to distort the true level of demand.

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