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Western Balkan Countries in Austria | Bilateral Relations
Austria and the Western Balkans as a Region (Albania, Bosnia & Herzegovina, Kosovo, Macedonia, Montenegro, Serbia). See also each country individually.
Belgrade Initiative to Support Serbia´s Financial System
The first meeting of the Belgrade Initiative, a host country cross-border banking forum, was held in Belgrade today.
March 8, 2013
Macedonia: Protests Against Government
Young Albanians protest against an „Anti-Albanian“ policy.
March 8, 2013
Recession in Euro-Area Still Affects CESEE Countries
According to the Vienna Institute For International Economic Studies (wiiw), the double-dip recession over, yet there is no economic growht in sight for CESEE countries.
March 7, 2013
Serbia: No Solution to Kosovo Issue Yet
At today’s trilateral meetings in Brussels for the sequel talks about the association Serb municipalities in Kosovo a gloomy atmosphere between the parties is predominant. Neither Serbia nor Kosovo want to step down from their claims.
March 4, 2013
“I do not expect for crediting requirements to tighten”
There is no reason for crediting requirements to be tightened, Zoran Stavreski, Macedonia´s Minister of Finance says.
March 4, 2013
Serbia: Prime Minister Dacic Demands Separation of Kosovo
European Union and USA reject any change of boundery on the Balkan.
March 1, 2013
Serbia: Real Wages Falling Drastically
Salaries and wages per employee in the Republic of Serbia were down by 17% in January 2013.
February 28, 2013
Austria: Agrana Looking for New Market Shares in CEE and CESEE
CEO explains why Croatia and Serbia might be interesting settings
February 25, 2013 · Updated: February 25, 2013; 18:53
CESEE Office Market Shows Solid Fundamentals
CESEE office market is undergoing a stable development; rental levels remain largely solid in most of the region, Erste Group says.
February 11, 2013
CESEE: Economic Outook Brightens Slightly
According to a survey carried out by OeKB (Austrian Clearing Bank), investors in the CESEE region are more optimistic.
February 6, 2013
Serbia: Key Policy Rate Raised to 11.75 Percent
In its meeting, the NBS Executive Board voted to raise the key policy rate by 0.25 percentage points to 11.75 percent.
February 6, 2013
Serbia Faces Political Crisis
After severe allegations against Prime Minister Ivica Dacic, the Serbian governing socialists reject to hold new elections. The coalition partner still supports Dacic.
February 4, 2013
Foreign Trade: Moderate Growth in Serbia
The overall external trade in the Republic of Serbia for the period January – December 2012 amounted to EUR 23619.1m.
February 1, 2013
Serbian Industrial Production Shrinks
The industrial production in the Republic of Serbia in December 2012, when compared to December 2011, increased by 0.7% and in relation to 2011 average, it increased by 7.1%.
February 1, 2013
ECB Extends Co-Operation with National Bank of Serbia
Today, the European Central Bank (ECB) decided to extend the two-year central bank cooperation programme with the National Bank of Serbia (NBS).
January 31, 2013
Serbia: Foreign Debt Grows
Despite eurobond issue, private sector deleveraging led to mild foreign debt growth, Raiffeisen Research reports.
January 30, 2013
“Operations of Austrian Banks in CESEE Region Are a Success Story“
Regarding the Austrian banking sector, governor of OeNB (Austrian Central Bank) Ewald Nowotny demonstrates cautious optimism.
January 30, 2013
National Bank of Serbia Fights Against Inflation
The asset quality in the banking sector shows first signs of stabilization, Raiffeisen Research reports.
January 30, 2013
Serbian Budget Deficit Lower than Expected
The government succeeded to achieve the 2012 budget deficit reading below the planned one, Raiffeisen Research reports.
January 30, 2013
Serbian Current Account Improves
As per seasonally adjusted data exports kept growing in November (+2.7% mom) after increasing in October by 0.8% mom, while imports fell by 4.5% yoy (Oct/12: +4.7% mom), Raiffeisen Research says.
January 29, 2013
Serbia: Industrial Production Shrinks
Industry turned downside, after funds under the government subsidy program were spent, Raiffeisen Research reports.
January 29, 2013
Serbia: Inflation Above Target Range
According to a country report published by Raiffeisen Research, inflation has bottomed in December 2012. The annual inflation comes at 12.2%.
January 29, 2013
IMF: Growth in CESEE Region to Accelerate
In the next three years, economic growth rates in central, eastern and southeastern Europe will return to the pre-crisis level, IMF says.
January 23, 2013
Serbia: Inflation Grew Further
Last year, the Republic of Serbia has recorded an inflation rate of 12.1%.
January 22, 2013
Europe of Tomorrow: The New Way of Thinking
Distinguished participants from industry, politics and the business community such as Václav Klaus, Jerzy Buzek, Franz Fischler, Martin Meyer, Jan Zielonka, Iain Begg, Prince Hans-Adam II of Liechtenstein are currently dicussing this issue in Vienna.
January 22, 2013
Serbia: Dinkic Underlines Importance of South Stream Pipeline
The South Stream pipeline is a “national project” and of vital interest for Serbia, Minister of Economics Mladjan Dinkic says.
January 19, 2013
IMF to Visit Serbia Again
The International Monetary Fund underlines that Serrbia must reduce its public debt. At the same time, the government must stimulate economic growth, IMF says.
January 18, 2013
Serbia: Key Policy Rate Raised to 11.50 Percent
At its meeting today, the Executive Board of the National Bank of Serbia voted to raise the key policy rate by 0.25 percentage points to 11.50 percent.
January 18, 2013
Citizens in CESEE Countries Tend to Pessimism
According to a survey carried out by the opinion research institute marketagent.com, pessimism in the countries of central, east and southeast Europe persists.
January 16, 2013
Croatia: One Step Closer to the EU
According to their own statements, the Croatian government has fulfilled eight out of ten tasks, which must be finalized until July 2013. However, Croatia´s economic problems are far from being solved.
January 15, 2013
Serbia: Time Pressure Grows
In order to become an EU-member, Serbia must present some substantial progress to Brussels.
January 14, 2013
Fitch: Austrian Banking Industry Depends on CESEE
According to the U.S. rating agency, the situation of Austrian banks strongly depends on the development in central, east and southeast Europe.
January 14, 2013
Serbia: Inflation Increases Again
In December, the inflation in the Republic of Serbia was up again. The yoy inflation rate remains high.
January 14, 2013
Serbia: External Debt Growing Due to Euro Revaluation
Up by € 746.4m or 3.1% from end-June 2012, external debt of the Republic of Serbia totalled € 24.8bn at end-September 2012.
January 11, 2013
Serbia: Public External Debt Shrinks
In total, public debt grew by 1% in the third quarter of 2012. The debt-to-GDP ratio falls slightly.
January 10, 2013
Serbian Government Emphasizes Need of Austerity
The government in Belgrade has prepared a fiscal consolidation program. In the next years, the public debt quota is expected to decrease slightly.
January 10, 2013
Serbia to Sign Loan Agreement with Russia
Tomorrow, Serbia´s Minister of Finance Mladjan Dinkic will visit Moscow.
January 10, 2013
Serbia: Doubts About Economic Development
Milos Bugarin, President of Serbia´s Chamber of Commerce demonstrates skepticism regarding the economic outlook issued by the government.
January 7, 2013
Serbia: Government Expects Recovery
In 2013, the Serbians will not benefit from the economic recovery, Prime Minister Ivica Dacic says.
January 5, 2013
Serbia: Foreign Trade Grows Moderately
The overall external trade in the Republic of Serbia for the period January - November 2012 amounted to: - € 21464.6m - which was a 4.3% increase compared to the same period 2011.
December 29, 2012
Serbian Industrial and Trade Sector Under Pressure
Retail trade is shrinking drastically, the manufacturing sector stagnates. GDP fell by 2.5% compared to autumn 2011.
December 29, 2012
Serbian Economic Performance Worsens
It was estimated that total economic activities in 2012, measured by gross domestic product and expressed at previous year prices, fell by 1.9% in comparison to the previous year.
December 28, 2012
Serbia: Recession Aggravates
Quarterly Gross domestic product of the Republic of Serbia down by 2.5% in the third quarter of 2012.
December 28, 2012
Serbia: Labor Market Still Tensioned
The official unemployment quota decreased slightly. In the last twelve months, the employment situation has improved.
December 28, 2012
WIFO: „Shut Down Hypo Group“
The Austrian Institute of Economic Research (WIFO) recommends closing the nationalized banking group. The number of banks is expected to shrink radically.
December 27, 2012
Serbia: Moderate Real Wage Growth
Salaries and wages per employee in the Republic of Serbia were up by 2.0% in November 2012.
December 27, 2012
CESEE: Deposit Growth Slows Down
Given the sketched regional loan growth dynamics and their most important drivers it comes as no surprise that deposit growth rates in CEE also decelerated in recent months, Raiffeisen Research states.
December 21, 2012
CESEE Asset Quality: “Not out of the woods”
In terms of asset quality the banking sector trends in CEE remain a mixed bag, Raiffeisen Research says.
December 20, 2012
CESEE Banking Sector: Improving Market sentiment, but Slower Growth
The average CEE loan growth slowed to16-17% yoy in Q3 from 19% in Q1/Q2, Raiffeisen Research says.
December 20, 2012
Austria in Favour of Initiating Accession Negotiations with Macedonia
Austria´s State Secretary Reinhold Lopatka speaks at General Affairs Council in Brussels.
December 12, 2012
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