Monthly Archives: April 2021
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Ministry of Finance agrees with DFC on US $ 400 million guarantee program
An agreement on a new guarantee system was signed with the US International Development Finance Corporation (DFC), under which this financial institution is to provide $ ... -
Serbian President pursues EU membership, better relations with the US and greater role in the Balkans
Serbian President Aleksandar Vucic receives Chinese Sinopharm vaccine against COVID-19 at a health post in Rudna Glava, Serbia on April 6, 2021 via REUTERS / Zorana ... -
National Bank of Serbia refines its position on the admissibility of collateral on local claims as collateral for claims of foreign creditors on Serbian debtors
Last week we criticized commented on the SNB’s interpretation of the Serbian Foreign Exchange Law with regard to the admissibility of collateral on local claims as ... -
Serbs worry about environmental costs of Chinese investments
Along a rutted road on the outskirts of the central Serbian town of Smederevo stands a gargantuan steelworks emblematic of the country’s economy. Barely visible on ... -
Serbia and IMF reach new non-financial advisory agreement – Statement
Serbia and the International Monetary Fund have reached a new non-financial and advisory agreement designed to help Belgrade sustain growth during and after the COVID-19 pandemic, ... -
Chinese banks must stop laundering money from wildlife traffickers
Activists fighting the illegal trade in endangered plant and animal species have called on Chinese banks to prevent wildlife traffickers from exploiting their networks to launder ... -
Serbia’s budget overhaul brings deficit to 6.9% of GDP to mitigate effects of pandemic
Adds details, background, quotes BELGRADE, April 22 (Reuters) – The Serbian parliament adjusted the budget on Thursday, bringing the deficit to 381.7 billion dinars ($ 3.91 ... -
Serbian president downplays Bosnian tensions and rewards
Aleksandar Vucic (dark costume), President of Serbia and Milorad Dodik (right), Serbian member of the Bosnian Presidency. Photo: EPA / Vladimir Stojakovic A high-level delegation from ... -
Accusing China of creating a baseless ‘debt trap’ for Montenegro
Illustration: Liu Rui / GT The Montenegrin government’s request to the Commission of the European Union to help it repay the debt to China’s ExIm bank ... -
Serbian Competition Authority issues long overdue guidance on concept of merger in cases of interrelated transactions
In April 2021, the Serbian Competition Authority (“SCA“) issued an opinion on the basic concept of merger control of a” concentration “in cases involving interrelated transactions ... -
Russian RZD completes construction of Serbian railway tunnel and viaduct
BELGRADE (Serbia), April 20 (SeeNews) – Russian railway infrastructure engineering company RZD International has completed construction of the Cortanovci rail tunnel and viaduct in Serbia, it ... -
President Joe Biden says ‘mutual recognition’ key to Kosovo and Serbia talks
President Joe Biden said mutual recognition between Serbia and Kosovo will be at the center of a future peace agreement between the two nations, and normalization ... -
Serbia, UK reach € 790m post-Brexit trade deal
The UK has signed another post-Brexit trade deal with an emerging European country: this time it’s Serbia. A new trade agreement between Serbia and the UK ... -
Central and Eastern European central banks buy gold, citing ‘rapid structural changes in global economy’ – WGC
(Kitco News) After several large gold purchases by Poland and Hungary, the Central and Eastern European region now accounts for 17% of total gold purchases by ... -
Growing number of foreigners interested in buying property in Serbia
More and more foreigners decide to buy real estate in Serbia. Banks even give home loans to non-residents, but with slightly higher interest rates than Serbian ... -
Serbia, United Kingdom and Serbia sign partnership, trade and cooperation agreement
The UK and Serbia have signed a partnership, trade and cooperation agreement to ensure the continuation and growth of the £ 682million trade between the two ... -
How do foreigners buy real estate in Serbia? – Business & EconomyEnglish
More and more foreigners decide to buy property in Serbia. Source: B92 Monday April 19, 2021 | 17:41 Ilustracija: Bogi.Knips / Shutterstock Home loans are approved ... -
The use of clean energy becomes a condition for doing business in the global market
Setting up photovoltaic systems pays off for everyone – from households to large energy consumers in the industrial sector, experts and businessmen said at the first ... -
EBRD lends € 20 million to UniCredit Leasing Serbia to support SMEs
BELGRADE (Serbia), April 16 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a loan of 20 million euros ... -
Former Serbian President Tadic still dreams of his latest comeback
Lost in the land of tycoons who illegally privatized assets However, Tadic has failed to respond to the majority of people in hopes of a better ... -
EU, China dispute over influence in Montenegro over road project
VIENNA / BRUSSELS – The European Union will not shoulder the billion-dollar debt Montenegro owes China for a highway yet to be built, a move that ... -
Loan club are optimistic about Liverpool test to resolve € 23m star’s exit fee
Porto are ready to lower Liverpool’s asking price for a permanent deal for midfielder Marko Grujic, according to a report. Grujic holds the unique distinction of ... -
Montenegro hopes EU will help repay Chinese road loan
Construction workers on the first phase of the Bar-Boljare highway, Montenegro. Photo: Government of Montenegro Montenegro’s Finance and Social Protection Minister Milojko Spajic on Thursday announced ... -
National Bank of Serbia risks its own target with new position on secure cross-border transactions
The National Bank of Serbia (“NBS“) Has published interpretative guidance on the application of foreign exchange regulations to certain cross-border transactions. Among other things, the guidelines ... -
Investors line up to join solar boom in Serbia
The law on renewable energy sources will open the door for a solar boom, and substantial photovoltaic capacities can be built and connected to the grid ... -
Serbian vaccine diplomacy shames the EU
In a socialist-era concrete hall on the banks of the Sava River, Serbia is changing its international reputation one blow at a time, and shows that ... -
Montenegro on the ropes of the agreement with China
Montenegro’s requests for financial aid were rejected by the European Union, which had repeatedly warned against a Chinese road contract worth $ 1 billion (840 million ... -
Renewable energies play a growing role in district heating in Serbia
Soon there will be no more fuel oil and coal in heat production in Serbia, as the government and local authorities turn to cleaner energy and ... -
Backing Serbian coal, China undermines pledge to fight climate change
A Serbian environmental NGO, the Renewables and Environmental Regulatory Institute (RERI), took legal action against the national electricity company EPS, in January, for exposing Serbs to ...
