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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...

Dr Marko Dašić, Assistant Professor, University Of Belgrade - Faculty Of Political Science

Policy Diversification Gains Or Credibility Losses?

Serbia’s foreign policy has become a set of disparate, seemingly irreconcilable options that enable the swift implementation of alternatives, without previously prejudicing the final outcomes. It seems that this can all be absorbed in the short term. In the long term, it will put to the test Serbia’s credibility in the eyes of foreign partners and in the court of domestic support.

There are many well-founded reasons to highly rate the current foreign policy position of the Republic of Serbia. The launched (European) integration process has not been abandoned, although it has ground to a halt. The “historical rapprochement” with the U.S. is on hold, but not due to any desire or mistake of Serbia. Relations with the People’s Republic of China are on the rise, seemingly in proportion to the duration of the COVID-19 pandemic. The Russian Federation remains a key shield to Serbia’s territorial integrity at sessions of the UN Security Council that are dedicated to the UNMIK activities. It is sometimes an extraordinary success just to maintain the status quo of an international political position, especially when it comes to a small country like Serbia.

The troubled times in which Serbia also found its aspiration to endure on the waiting list in order to vaccinate the interested population, and not only its own, has propelled this small Balkan country onto the front pages of reputable world media companies. But also subjected to the mercilessness of (unnamed) EU officials, at least according to the testimonies of politicians from our region.

Foreign policy has become a set of disparate, seemingly irreconcilable options that enable the swift implementation of alternatives, without previously prejudicing the final outcomes. Serbia’s criticised “cock-eyed” foreign policy, which is fundamentally based on the “four-pillar architecture”, is again in the public spotlight. It is bearing fruit on all sides, at least when it comes to preserving the health of the nation.

Foreign policy has become a set of disparate, seemingly irreconcilable options that enable the swift implementation of alternatives, without previously prejudicing the final outcomes

An additional step forward has been enabled with this, via the reviving of the narrative of Serbia as the “leader of the region”. It is difficult to object to the solidarity that we’ve witnessed during the previous crisis months. It also overshadowed the criticism contained in the European Parliament report or the environmental ramifications of Chinese investments, which are increasingly the topic of civic democratic participation. It seems that this can all be absorbed in the short term. In the long term, it will put to the test Serbia’s credibility in the eyes of foreign partners and in the court of domestic support.

Notwithstanding the fact that they are not nominally the largest, Chinese investments in Serbia are attracting the most attention, both from the domestic public and external competitors. According to Chinese officials, they are not of a geopolitical character. In the EU and the U.S. they wouldn’t agree with this claim. The EU has perhaps failed with vaccines, but donations have intensified. With the change of administration and the focus on domestic problems, the U.S. has lost the momentum towards the Balkans that it inherited from its predecessors, but that is far from suggesting that the arrival of America’s DFC development agency will remain a dead letter on paper. It seems that they will do everything to prevent the further growth of Chinese influence, whether that’s through investments, humanitarian diplomacy or the growing soft power that is waning.

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...

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...

Mobi Bank Becomes Yettel Bank

Mobi Banka, soon to be Yettel Bank, has unveiled a new brand and mobile application, marking a pivotal shift...

Serbia Set to Become Europe’s Top Copper Producer with Zijin Mining Expansion

Zijin Mining has announced plans to increase the annual capacity of its Serbian project to 450,000 tonnes of copper...

ESG Adria Summit Launches in Montenegro

The second annual ESG Adria Summit kicked off today in Tivat, Montenegro, under the theme "Act now for a...

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...

Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of Understanding between the Government of Serbia and French Electric Power Company (EDF),...

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...

Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of Understanding between the Government of Serbia and French Electric Power Company (EDF),...
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