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Nicolas Marquier, Regional Manager for the Western Balkans at the International Finance Corporation (IFC)

Financing the Future

IFC, the largest global development institution, has provided almost $1 billion in financing to Serbia’s private sector over the past six years IFC, as a...

Dr Ivan Todorović, Todorović Law Firm

Dedicated Advisors and Tenacious Litigators

The Todorović Law Firm has existed for more than 30 years and throughout that time has demonstrated its unwavering dedication to continuously advancing at...

Marija Stojiljković, Founder, Royal Nanny

Children Deserve the Best Nannies

Royal Nanny offers a wide range of childcare services, primarily through mediating between professional nannies and families, providing responsible, meticulous, trained and caring individuals Starting...

Petar Miljković, CEO, 14. Oktobar d.o.o.

Employees are the Company’s Real Strength

This former Kruševac giant, which has come a long way over the course of 100 years of operations, developing from a construction machinery factory...

Ivana Bogdanović, Director of Marketing and Corporate Communications at Addiko Bank

CSR as a Longstanding Priority

In today’s world, where gaining the trust of clients is the most important aspect of a company’s business, CSR, or socially responsible operations, represents...

Duško Lopandić, Diplomat And Vice President Of The European Movement In Serbia

Shooting Stars

Although “The centre is still holding on” in Europe, we are increasingly seeing the appearance on the political scene of instant right-wing or far-right movements, which have ideologies based on the topics of identity, historical nationalist resentment and anti-immigration policies

The recent victory of Giorgia Meloni, leader of the right-wing Brothers of Italy party, like the rise of the extreme right in Sweden, serves to illustrate several trends that have been evident in Western democracies over recent decades.

The basic trend relates to the falling influence of traditional parties and the increasingly common appearance of so-called “instant movements” that achieve success at lightning speed, which nonetheless doesn’t guarantee their longevity in power. This is typical of Italy in particular, where traditional party structures have long since vanished from the political scene (Christian Democrats, Communists etc.) and been replaced by various newer movements (such as the Five Star Movement, Northern League). However, a similar thing is happening in other European countries, from France (Macron and the “quasi-disappearance” of the socialist party and traditional adherents) to Slovenia, which has, so-to-say, ‘specialised’ in the frequent selecting of completely new people to head the government. Giorgia Meloni’s party won only four per cent of the vote in elections just four years ago, only to win the most votes this time around.

Another trend that’s linked to the previous one relates to the rise of populism – largely right-wing or far-right populism, based on topics of identity, historical nationalist resentment and anti-immigration policies – which has become one of the constants of political life in many countries, including the U.S. However, observing the European Union as a whole, the “centre” continues to hold on, as shown by the European Parliament election of 2019, as well as recent elections in France, Germany and elsewhere.

The departure of prime minister Draghi and the disappearance of the so-called Macron-Scholz-Draghi “troika” will make it difficult to reach possible agreement on essential reforms to the Union, and thus also to possibly impact positively on EU enlargement policy

The political changes in Italy will undoubtedly impact the political “ship” of the European Union universally and cause it to list more markedly to the right, though not to the extent that this will have a fundamental impact on current European policies, which are primarily dominated by the issues of the war in Ukraine and its ramifications on the energy market and economies, as well as discussions of the possible reform of the EU, internal disputes over the rule of law (Poland, Hungary) and the like. The character (generally unstable) of the Italian coalition, Italy’s dependence on financial support from the EU, but also the pro-NATO orientation of PM Meloni, are all elements that will contribute to the new Italian government acting relatively more moderately in Brussels.

On the flip side, the departure of Prime Minister Draghi and the disappearance of the so-called Macron-Scholz-Draghi “troika” will make it difficult to reach possible agreement on essential reforms to the Union, and thus also to possibly impact positively on EU enlargement policy. Although Italy traditionally supports EU enlargement and the integration of the Western Balkan countries into the EU, it has long been predominantly burdened by internal political issues. Its influence on EU enlargement policy is therefore extremely limited and indirect, which will probably also be the case with the new Italian government.

Comment by Zoran Panović

Diplomatic Twine

German politician Markus Söder promised to support Serbia on its EU journey. According to the German media, Söder is making “diplomatic twine” in his...

Branka Anđelković, Co-founder and Programme Director of the Public Policy Research Centre

An Even Bigger Grey Market?

In the case of workers of the platform employed in food production and passenger transport, the Open Balkan initiative might not contribute to the...

Čedanka Andrić, President of Trade Union Confederation NEZAVISNOST

Increased Competition Between Low-Paid Workers

Considering educational qualification and unemployment structures in Serbia, my opinion is that this measure could only increase the pressure on workers in Serbia to...

Jelena Jevtović, Serbian Association of Employers

Employers Will More Quickly Find Workers

The employing of citizens of these two countries in Serbia could ease the labour shortage problem, but fundamentally resolving it requires education system reform It...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

Chinese President Xi Jinping to Embark on Official Visit to Serbia

The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on...

High-Speed Rail Link Between Novi Sad and Budapest Set to Start in Decembar 

The main track on the high-speed rail section from Novi Sad to Budapest has been successfully connected at the...

Mattoni 1873 Completes Acquisition of Knjaz Miloš for €90 Million

Mattoni 1873, the titan of mineral water and non-alcoholic beverages in Central Europe, has just elevated its portfolio by...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

Peter Pellegrini Wins Slovak Presidential Election

Peter Pellegrini, the candidate from the ruling coalition, won the second round of the presidential elections in Slovakia, securing...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

Peter Pellegrini Wins Slovak Presidential Election

Peter Pellegrini, the candidate from the ruling coalition, won the second round of the presidential elections in Slovakia, securing...
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