Serbia: FDI as Driver for Economy

People ♦ Published: November 4, 2013; 21:32 ♦ (Vindobona)

Further decline in FDI could affect economic growth in the Western Balkan state. The Serbian government announced to push forward with amendmends to improve business environment and boost economic growth.

Serbia: FDI as Driver for Economy / Picture: © Flickr

So far this year, € 584m in FDI have been invested in Serbia, which is a significant decline compared to the previous year. The Serbian government has therefore introduced an extensive strategy to boost foreign direct investments since the Serbian economy is widely dependent on foreign capital inflow on a long-term basis. The measures are set out to improve the business environment,…