Serbia

Serbia: EU Screening in Late September

Serbia’s EU accession explanatory screening will start in Brussels on 25 September.

September 24, 2013

“Serbia Becomes the Driver of Reforms on the Western Balkans”

The Austrian government supports Serbia’s pro-European course.

September 18, 2013

Boom in CESEE Will not Return

In the next years, the growth rates of the pre-crisis will not come back in the CESEE region. For the banking industry, the region is still a substantial risk factor.

September 14, 2013

Serbia Welcomes Russian FDI

Serbian Prime Minister announced that his country was interested in Russian investments.

September 13, 2013

Serbia: Plans to Reform Pension System

Serbia plans reform of pension system by year end.

September 9, 2013

Serbia: UK Enterprises Likely to Invest in Serbia

70 British companies are interested in investing in Serbia's economy.

September 6, 2013

Another Austerity Package in Austria?

Due to the dismal situation of nationalized banks, the economist Christian Keuschnigg anticipates another austerity package after the election at the end of September.

September 6, 2013

Serbia's Government Regards Economy as Priority Issue

"Solving economic problems is a priority of the reshuffled government"- Serbian Prime Minister.

September 5, 2013

Serbia: SAA Agreement with EU in Effect

SAA agreement between EU and Serbia is now in effect.

September 3, 2013

Serbian Parliament Approves Cabinet Reshuffle

The Serbian parliament has approved a profound reshuffle of Prime Minister Ivica Dacic’s cabinet.

September 3, 2013

EU Approves Hypo Group´s Restructuring Plan

The re-privatization of the Austrian publicly held banking group was approved by the Commission. According to the Commission´s report, Hypo Group´s expansion strategy was highly dangerous.

September 2, 2013

Austrian Banking Sector Burdened Heavily With NPL

In total, non-performing loans held by Austrian banks come at € 150bn. This corresponds to 48% of Austria´s GDP.

September 2, 2013

Hypo Group Considers IPO

The Austrian nationalized bank takes an IPO of its Eastern subsidiaries into account.

August 31, 2013

Serbia: SMEs Driver for Economy

Serbia's private sector employs 45% of the total number of employees.

August 30, 2013

Adria Airways to be Acquired by China Southern Airlines

Chinese Southern Airlines wants to gain a foothold in the Slovenian air traffic sector. Besides Adria Airways, Ljubljana Airport will be privatized.

August 25, 2013

Former Austrian Chancellor to Counsel Serbian Government

Former Austrian Chancellor Alfred Gusenbauer (SPÖ) was invited by the Serbian government to advise and support it on their path to the European Union.

August 21, 2013

Austria: Kranebitter to Leave Hypo Group

After three and a half years, Gottwald Kranebitter steps back as CEO of nationalized Hypo Alpe Adria. Tax payers are left with a burden running in the billions in the years to come.

August 19, 2013

Telekom Austria Has Still Growth Plans in Serbia

According to market rumors, the Vienna-listed telecommunication group is interested in taking over Serbia Broadband.

August 17, 2013

New Erste Group Loan Contributes to La Fantana Recapitalization

La Fantana, the leading bottler and distributor of water in Romania, announced it has successfully raised EUR 34mn in debt financing. La Fantana is controlled by private equity funds managed by Innova Capital.

August 13, 2013

Raiffeisen Bank International AG - SWOT Analysis & Company Report

This report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.

August 8, 2013

Serbia: Attempted Murder on Deputy PM Vucic Prevented

According to Belgrade daily “Nase novine“, Serbian Intelligence Service BIA was able to prevent an attempted murder on Deputy Prime Minister Aleksandar Vucic.

August 7, 2013

Serbia: Public Debt Grows Unstopped

At end-March 2013, public debt of the Republic of Serbia4 amounted to EUR 19.4 bln, up by EUR 1.7 bln on end-2012.

August 7, 2013

Serbia: Moderate Upward Trend

In the first three months, Serbia´s GDP was up by 0.5%. However, domestic demand is still declining.

August 6, 2013

Serbia: Capital Outflow Decelerates

At least, the pace and Volume of Capital Withdrawal by Foreign Banks Declines in the First Half of 2013.

August 2, 2013

CESEE Remains Attractive for Austrian Investors

According to a survey, the region of CESEE is still attractive to Austrian investors. Particulary the bigger countries – Poland, Turkey and Russia – are becoming even more popular.

August 1, 2013

Significant Increase in Serbian Exports

Serbia's exports rose 6% and imports 4.1%.

August 1, 2013

Serbia: No Early Elections Despite of Break of Coalition

Dismissal of Finance Minister Mladjan Dinkic. URS is leaving the governmental alliance. Despite of a break of the coalition, there will be no early elections in Serbia.

July 31, 2013

Serbia and Bulgaria to Team Up in Energy Policy

Serbia and Bulgaria discuss South Stream, Nis-Sofia gas interconnection and the completion of the section of Corridor 10

July 24, 2013

Bulgaria: South Stream Offers 6,000 New Jobs

South Stream Bulgaria´s CEO Georgi Gegov stresses the economic effect of the new gas pipeline from Russia to Western Europe.

July 18, 2013

Serbia to Invest in Renewable Energy

The Balkan country wants to invest more than € 10bn in its energy production. The focus will be on renewable energy.

July 18, 2013

Serbian Foreign Trade Still Highly Negative

Current Account Deficit to fall below 7% of GDP in 2013, the Serbian National Bank reports.

July 17, 2013

Serbia to Invest € 10bn in Energy Sector

Serbia will invest € 10 bn in the development of the energy sector in the next eight years.

July 12, 2013

Russia to Support Serbia Financially

Russian government paid $300 million of financial support to the budget of Serbia.

July 11, 2013

Serbia: Fight against Unemployment Key Aim of Government

Serbia's Government aims to cut down unemployment to below 20 percent and tries to attract new investors.

July 9, 2013

Alpine: Serbia to Withdraw from Contract

Serbia intends to withdraw from the building contracts for the construction of a highway with bankrupt Alpine within the next 15 days.

July 3, 2013

Positive Start for Uniqa Serbia

Uniqa Serbia starts 2013 with strong growth.

June 27, 2013

EU Accession Talks With Serbia Around the Turn of the Year

The EU Ministers for Foreign and European Affairs agree that EU Accession negotiations with Serbia should commence around the turn of the year.

June 25, 2013

Spindelegger: "Clear Signal for Serbia and Kosovo Expected from EU Summit at End of June"

Austrian Vice-Chancellor with Prime Ministers of Serbia and Kosovo at the Europaforum Wachau conference; clear commitment for EU expansion in the Balkans

June 19, 2013

Russia Pays Off Debt to Serbia and Slovakia

On Tuesday, the Russian Finance Ministry announced that the country has paid off a $ 2bn debt remaining from the Soviet era to Serbia and Slovakia.

June 19, 2013

Macedonia to Join South Stream Pipeline Project

Contracts will be signed next week in St. Peterburg.

June 12, 2013

United States Will Always Keep Its Eye on the Balkans

Montenegro's Prime Minister Milo Djukanovic met with Deputy Assistant Secretary of State for European and Eurasian Affairs Philip Riker.

June 10, 2013

Serbia: No EU Accession Negotiations in 2013

Serbia will not be able to start the desired negotiations for an EU membership this year.

June 6, 2013

Austrian Justice Minister to Support Serbia’s Approach to EU

Austria to enhance transfer of know-how in regard to the fight against corruption.

June 5, 2013

Erste Group Claimed of Being Interested in Croatian Banks

There are rumors of the taking over of Hypo Croatia and HPB. However, the banks deny the speculations.

May 29, 2013

Serbia to Receive Russian Support in South Stream Project

Russia to provide € 1.7bn for construction of South Stream gas pipeline project in Serbia.

May 27, 2013

Serbia Considering Loan Agreement With IMF

Serbia is considering discussing a possible IMF loan after EU entry talks are agreed on. German Finance Minister Guido Westerwelle announced his support in Serbia’s path to an EU membership.

May 21, 2013

Austria: Biggest Investor in Serbia

Serbia encourages Austrian enterprises to further invest in Serbian industries.

May 16, 2013

Bosnia, Serbia and Turkey to Sign Economic and Trade Agreement

Ministers for trade and economy from Ankara, Belgrade and Sarajevo agreed to improve economic relations in an effort to enhance shared trade.

May 15, 2013

Serbian – Austrian Cooperation in Social Security Sector

Austrian pension and disability insurance system knowhow particularly useful for Serbia.

May 15, 2013

CEESE: Economic Growth Stagnant

Orban claims Hungary is the country with the highest growth rate in CEE/CESEE next year.

May 10, 2013
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