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Milan Marković, General Manager, Smurfit Kappa Belgrade

Returning Treated Water to the Danube

Here Milan Marković, General Manager of Smurfit Kappa Belgrade, shares his insights about the company’s legacy and innovative strides in environmental protection Founded in 1921...

Bogdan Gavrilović, Managing Director, WTO Serbia

Transport and Logistics Without Borders

World Transport Overseas is one of the fastest-growing logistics companies in Eastern Europe, with branches in Bulgaria, China, Croatia, Greece, Kosovo, North Macedonia, Serbia,...

Vesna Jovanović, Director, EurologSystem

Connecting Italy and Serbia by Rail

EurologSystem, which is set to commemorate two decades of successful operations in 2025, transports an average of 500,000 tons of goods annually, primarily agricultural...

Branko Milikić, Business Development Director at Halcom Serbia

Innovations in Digital Banking

Halcom is a leader in the domain of digital banking and banking solutions. This company has spent 30 years enabling the safe and efficient...

Dragana Ašić Ratkovac, Business Manager Consulting & Tax Advisor at Unija Consulting d.o.o. Beograd

Our View of the Tax World and What’s Important

The success of companies in today’s world depends, among other things, on the ability to adapt to constant amendments to tax laws. My experience...

Jurij Bajec Ph.D., special advisor at the Institute of Economics and full professor at the University of Belgrade’s Faculty of Economics

The World is Changing and So Must We

The opportunity exists for Serbia to start connecting with rapidly changing global economic trends and to launch products and services that have higher added value, and thus a greater impact on GDP growth and employment.

The new Government of Serbia is awaited by the difficult task of continuing to provide financial support and preserve jobs within the scope of limited budget funds and reduced space for additional borrowing. These emergency measures are essential until the disrupted relations on the domestic and global market that have occurred as a result of the Coronavirus pandemic return to normal. And that can take a long time, which is why it will be necessary to have a combination of measures: additional borrowing in compliance with the Maastricht criteria, increased public revenues through more efficient collections of taxes and contributions, the phased increase of excise duties, wage increases in the public sector exclusively in line with rising prices, limits on investment in defence and security, the temporary postponing of some investment plans and the reallocating of funds to the advantage of health and education.

The new Government of Serbia is awaited by the difficult task of continuing to provide financial support and preserve jobs within the scope of limited budget funds and reduced space for additional borrowing.

Alongside these intervention measures, the new government must immediately prepare for a period of “normalization”, during which the priority becomes the achieving of rapid and sustainable economic growth under conditions of internal and external macroeconomic stability, and the continuation of essential market reforms. It is both an opportunity and a necessity to further direct economic activity, on the basis of all the changes and experiences that have taken place worldwide, and for Serbia to reconsider its development priorities and evaluate human, material and natural potentials in a new way. This is an opportunity for Serbia to start connecting with rapidly changing global economic trends and to launch products and services that have higher added value, and thus a greater impact on GDP growth and employment. Such substantial structural changes to the economy are much more easily and quickly implemented under conditions of the efficient functioning of market economy institutions and respect for the rule of law. These are the two key economic and political priorities of the new government.

Comment by Zoran Panovic

Growth Plan

Late April saw the European Parliament give the green light to the Growth Plan for the Western Balkans, with the Council of the European...

Dr Aleksandar Mitić, Institute for International Politics and Economy

Cooperation with China Raised to the Highest Level in Europe

Both Germany and France desire close cooperation with China, so any criticism of Serbia’s close relations with China is an example of double standards I...

Slobodan Zečević Ph.D, Institute for European Studies

Delicate Seesaw

France and Germany have contrasting views on cooperation with China, but the internal reasons for such views don’t automatically relate to their stance regarding...

Vuk Vuksanović, Belgrade Centre for Security Policy

Russia will be Challenging, but China is the Dilemma of the Century

The geopolitical and security rivalry between the U.S. and China will shape the international system, in which other countries, including Serbia, will face the...

EU and Serbia Strengthen Bonds Through Cultural Heritage Initiatives

The European Union is intensifying its cultural engagement in Serbia, as highlighted at a panel discussion in Užice, part...

Serbian Buyers Emerge as Major Players in Croatian Property Market

Historically, Slovenians have been the principal property buyers in Croatia, consistently leading in acquisitions with 3,403 properties bought last...

The Foreign Investors Council and EBRD Hosted Conference On Financial Services

The Foreign Investors Council of Serbia, in cooperation with the European Bank for Reconstruction and Development (EBRD), organised the...

Belgrade Prepares for Expo 2027 with a Focus on Play and Creativity

Belgrade is gearing up to host the Specialized Expo 2027, a global event set to captivate the world from...

Sweden’s National Day Celebrated in Serbia with a Touch of ABBA

The Embassy of Sweden in Serbia celebrated the nation's 501st National Day in a lively reception hosted by Ambassador...

German Voters Dominate, Malta Least Represented in Upcoming European Parliament Elections

As the 2024 European Parliament elections draw near, set to take place from 6 to 9 June, Eurostat has...

Regional Creative Network Established in Belgrade

In an initiative led by the National Platform "Serbia Creates" and the Ložionica Center, the first gathering of creative...

Chile to Install World’s Largest Astronomy Camera 

Chile is set to install the world's largest astronomy camera atop Cerro Pachón in the Coquimbo region, on the...

Montenegro Earns €17 Million from Toll Roads in Two Years

Montenegro has generated €17 million in toll revenue from the Bar-Boljare-Smokovac-Mateševo motorway in two years Since the opening of the...

John Lennon’s Acoustic Guitar Sells for Over $2.8 Million

An acoustic guitar once played by John Lennon at the height of The Beatles' fame has sold at auction...

German Voters Dominate, Malta Least Represented in Upcoming European Parliament Elections

As the 2024 European Parliament elections draw near, set to take place from 6 to 9 June, Eurostat has...

Regional Creative Network Established in Belgrade

In an initiative led by the National Platform "Serbia Creates" and the Ložionica Center, the first gathering of creative...

Chile to Install World’s Largest Astronomy Camera 

Chile is set to install the world's largest astronomy camera atop Cerro Pachón in the Coquimbo region, on the...

Montenegro Earns €17 Million from Toll Roads in Two Years

Montenegro has generated €17 million in toll revenue from the Bar-Boljare-Smokovac-Mateševo motorway in two years Since the opening of the...

John Lennon’s Acoustic Guitar Sells for Over $2.8 Million

An acoustic guitar once played by John Lennon at the height of The Beatles' fame has sold at auction...
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