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Nicolas Marquier, Regional Manager for the Western Balkans at the 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...

Iosif Vangelatos, General Manager, Inos Balkan

Proud of Tripling Trade Volume

Inos Balkan already possessed extensive expertise in the recycling sector, with its collection and processing centres, while it has today transformed itself successfully to...

Aris Karousos, CEO of Eko Serbia

Drivers Know Why They Choose Eko

Two decades ago, when this company launched its operations in Serbia, the desire was for the EKO brand to become synonymous with reliability, quality...

Danilo Đurović, General Manager, Autotechnica Serbia – Hertz

Introducing Flex Drive

As part of the Autohellas Group, which has been the absolute leader of Greece’s automotive sector since 1974, Hertz is more than just a...

Nikos Veropoulos, Owner, Veropoulos

Super Vero, Super Successful

For two decades already, company Veropoulos has been known on our market for its unique offer and high-quality products at promotional prices, but also...

Dragan Bisenić, Foreign Policy Journalist, Publicist And Former Ambassador

Without A Weak President

No one will deal with a “weak” american president on foreign policy in the future, as was expected prior to the midterm elections. However, the republicans’ victory in the house of representatives will not be without consequence

The elections for the U.S. House of Representatives and the Senate have not yet provided a final answer as to what positions have been achieved by the two parties and the two rival competitors for the new presidential mandate, President Biden and former President Trump. However, it is quite certain that they passed much more successfully for the Democratic Party and President Biden than anyone had previously expected. The Democrats retained control of the Senate, while the defeat they sustained in the House of Representatives is not even remotely spectacular, though the final results are still being awaited. And therefore no one will deal with a “weak” American president on foreign policy in the future either, as was expected prior to the midterm elections.

Nevertheless, the Republicans’ victory in the House of Representatives will not be without consequence. It is certain that aid to Ukraine will not be approved automatically, as it was in the Congress with a Democratic majority. Republicans, however, will not easily succeed in bringing into question Biden’s Ukraine policy. Ukraine is also a divisive issue among Republicans. Trump’s followers, who have a strong urge to contest everything proposed by the current president, also call into question the generous aid to Ukraine. House Republican leader Kevin McCarthy has already warned that members of his caucus are starting to question the funding that Washington has been sending to Ukraine. “Ukraine is important, but at the same time it can’t be the only thing they do and it can’t be a blank cheque,” he said.

The administration’s efforts to persuade both sides to end the war and the slow approach to negotiations are already noticeable, since america does not see dealing with the war in Ukraine as being in its long-term interest

Another school of thought believes that “bipartisan agreement” should be reached on this issue and that there should be no difference between Republicans and Democrats. Trump’s former vice president, Mike Pence, urged Republicans to continue supporting Ukraine, saying “there can be no place in the conservative movement for apologists for Russian President Vladimir Putin,” in a speech he gave for influential conservative group the Heritage Foundation.

Just a day later, the foundation’s president, Kevin Roberts, issued a statement saying: “Heritage will vigorously oppose the big spenders in Washington who are trying to pass another Ukrainian aid package without debate, clear strategy, targeted funding and spending results.”

Democrats, whose control of Congress is guaranteed until the end of the year, have seen an apparent erosion of the will to support Kiev. That’s why it has been announced that they could insist on another large infusion of military aid at the end of the year, with the intention of guaranteeing the supply of weapons and equipment to Ukrainians over the coming months. The administration’s efforts to persuade both sides to end the war and the slow approach to negotiations are already noticeable, since America does not see dealing with this war as being in its long-term interest.

Comment

Census Results Cause Concern

The Ministry of Education claims to be exerting ongoing efforts to reform education, but census results indicate the need for more work. The “Platform...

By Iva Draškić Vićanović Ph.D., Dean of the University of Belgrade Faculty of Philology

Restore Teachers’ Dignity

The proposals presented in our Platform are viable over the short term, require no large and lasting reforms and could lead to major visible...

Comment by Prof. dr Slobodan Zečević

The Mirage of the European Oasis

Serbia officially began EU accession negotiations in January 2014. Over the subsequent decade, 22 of the 35 accession negotiation chapters have been opened and...

Plamena Halacheva, Deputy Head of the Delegation of the European Union to Serbia

Easier Access to the Western Balkans’ Single Market

The EU aims to involve Western Balkans partners with its Member States on equal terms, fostering a reform partnership that’s oriented towards the future...

Scholz Champions Western Balkans’ Path to Membership

German Chancellor Olaf Scholz, in Slovenia, advocated for quickening the EU accession for the Western Balkans, underlining the importance...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Serbia Advances in Renewable Energy with Pupin Wind Park Financing

In a significant stride towards renewable energy adoption, Serbia has finalized the financial arrangements for the Pupin Wind Park,...

Đedović Handanović: Nuclear Energy in Serbia by 2039 at the Earliest

Nuclear energy in Serbia could become a reality by 2039 at the earliest, should work on the project commence...

Belgrade’s Hotel Jugoslavija Sold, Sparks Redevelopment Controversy

Belgrade's iconic Hotel Jugoslavija, located in Serbia's capital, has been sold for approximately €27 million to MV Investment, affiliated...

Scholz Champions Western Balkans’ Path to Membership

German Chancellor Olaf Scholz, in Slovenia, advocated for quickening the EU accession for the Western Balkans, underlining the importance...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Belgrade University Partners with CERN on Future Circular Collider Project

The University of Belgrade has officially become part of CERN's largest scientific endeavor, the Future Circular Collider (FCC) project,...

Kushner Eyes Balkan Luxury Developments in Serbia and Albania

Jared Kushner, closely related to former U.S. President Donald Trump as his son-in-law, is turning his attention to the...

European Parliament Passes Groundbreaking AI Law

The European Parliament has adopted the Artificial Intelligence (AI) Act, aiming to safeguard fundamental rights, democracy, the rule of...

Scholz Champions Western Balkans’ Path to Membership

German Chancellor Olaf Scholz, in Slovenia, advocated for quickening the EU accession for the Western Balkans, underlining the importance...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Belgrade University Partners with CERN on Future Circular Collider Project

The University of Belgrade has officially become part of CERN's largest scientific endeavor, the Future Circular Collider (FCC) project,...

Kushner Eyes Balkan Luxury Developments in Serbia and Albania

Jared Kushner, closely related to former U.S. President Donald Trump as his son-in-law, is turning his attention to the...

European Parliament Passes Groundbreaking AI Law

The European Parliament has adopted the Artificial Intelligence (AI) Act, aiming to safeguard fundamental rights, democracy, the rule of...
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