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Milija Zeković, SBB CEO

Technological Innovations Are In Our DNA

We want to enter the mobile telecommunications market and offer our users 4P services, i.e., a combination of broadband internet access, television and fixed-line...

Maria Boldor, Principal At Horváth

Key Challenges & Opportunities

The report “Finance at the Crossroads of Coronavirus, Digitalisation and Sustainability” presents key challenges and opportunities for the business world Management consulting company Horváth published...

Nataša Bezmarević, Branch Manager Serbia, DB Engineering & Consulting GmbH

Focus On Electrifying Train Lines

Deutsche Bahn has been providing engineering, consulting and train operation services, as well as digital systems, for many years and has successfully implemented railway...

Porto Montenegro

A Life Less Ordinary

Founded some 15 years ago by a consortium of visionary developers, Porto Montenegro is set in the spectacularly beautiful Bay of Kotor on Montenegro’s...

Ivan Crnojević, CEO, ELMED d.o.o.

ELMED – We can do more

The future belongs to modern, innovative companies that carefully plan and strategically manage their business. For this reason, Elmed doo in Temerin, winner of...

Sebastian Sosa, IMF Resident Representative in Serbia

Reforms Will Keep Labour at Home

Safeguarding macroeconomic and financial stability remains a precondition for sustainable growth. But more is needed to secure a strong economy and better prospects for the workforce.

Serbia needs to accelerate the implementation of structural and institutional reforms in order to complete its transformation into a dynamic, private sector-driven market economy that’s able to compete successfully on the Single Market when it joins the EU, including the single labour market. Achieving this goal is critical to limiting the risk of skilled workers leaving the country to pursue better prospects elsewhere in the EU.

The Policy Coordination Instrument that expired in January 2021, as well as the new one that Serbia is currently discussing with the IMF, aim to maintain macroeconomic and financial stability, while supporting the implementation of structural and institutional reforms in these areas

Reaching this goal requires efforts in several areas. Safeguarding macroeconomic and financial stability remains a precondition for sustainable growth. Further addressing Serbia’s infrastructure gaps would help to support competitiveness, foreign investment and integration into regional and global value chains. Well-designed investments in environmental protection would not only support economic recovery from the COVID-19 crisis, but also foster greener and more resilient growth over the medium term. Fighting informality would both facilitate doing business and generate fiscal revenues.

Improving the quality of institutions and governance, which includes having well-governed and managed SOEs, is a priority. In this context, a credible commitment to fight corruption, enhance rule of law and strengthen regional cooperation would be important both in terms of the EU accession process and for accelerating the country’s convergence towards EU-income levels.

Comment by Zoran Panović

Scholzing

Macedonia was one of the six republics of Tito’s Federal Socialist Yugoslavia. Even back then, Todor Zhivkov’s Bulgaria had intentions to assimilate the identity...

Aleksandar Vlahović, President Of The Association Of Serbian Economists

A Road To Avoid

Possible explicit or tacit punishment of Serbia by the EU, in response to what the EU deems to be inappropriate political decisions, could be...

Jurij Bajec Ph.D., Special Advisor At The Economics Institute And Full Professor At The University Of Belgrade Faculty Of Economics

Open Balkan Is A Good Initiative

During times of great uncertainty and deeply disrupted international economic and political relations, Serbia should seek additional forms of economic connection that complement its...

Milojko Arsić Ph.D., Professor At The University Of Belgrade Faculty Of Economics

There Will Always Be Bread, But Not Smarts

Even during the times of the harshest sanctions imposed during the 1990s, enough food products were still available in Serbia. Temporary shortages of such...

Reception On The Occasion Of 140 Years Of Friendly Relations Between Japan And Serbia

Ambassador of Japan in Serbia H.E. Katsumata Takahiko hosted a reception in his residence to mark the 140th anniversary...

Nikola Jokic And Nuggets Agree On Historic 5-year Extension

Nikola Jokic has gone from draft pick No. 41, to two-time MVP, and now the holder of the largest...

Japanese Investors Welcome To Serbia

Prime Minister Ana Brnabic and President of the Republic Aleksandar Vucic attended a reception marking 140 years of the...

EU Agrees On Rules To Tame Crypto Market

The European Union has agreed on ground-breaking rules for regulating crypto assets, EU lawmakers said on Thursday, as the...

The EIB And Unicredit Promote Socially Inclusive Employment And Entrepreneurship

The European Investment Bank (EIB) and UniCredit Bank Serbia (UniCredit) have officially launched a €30 million credit line aimed...

Reception On The Occasion Of 140 Years Of Friendly Relations Between Japan And Serbia

Ambassador of Japan in Serbia H.E. Katsumata Takahiko hosted a reception in his residence to mark the 140th anniversary...

Nikola Jokic And Nuggets Agree On Historic 5-year Extension

Nikola Jokic has gone from draft pick No. 41, to two-time MVP, and now the holder of the largest...

EU Agrees On Rules To Tame Crypto Market

The European Union has agreed on ground-breaking rules for regulating crypto assets, EU lawmakers said on Thursday, as the...

EU To Extend Digital Covid Certificate For Travel Until June 2023

As the current EU Digital Covid Certificate rules are set to expire on 30 June, the Committee on Civil...

Iran Applies To Join BRICS Club

Iran, which holds the world's second largest gas reserves, has applied to join the BRICS group of Brazil, Russia,...

Reception On The Occasion Of 140 Years Of Friendly Relations Between Japan And Serbia

Ambassador of Japan in Serbia H.E. Katsumata Takahiko hosted a reception in his residence to mark the 140th anniversary...

Nikola Jokic And Nuggets Agree On Historic 5-year Extension

Nikola Jokic has gone from draft pick No. 41, to two-time MVP, and now the holder of the largest...

EU Agrees On Rules To Tame Crypto Market

The European Union has agreed on ground-breaking rules for regulating crypto assets, EU lawmakers said on Thursday, as the...

EU To Extend Digital Covid Certificate For Travel Until June 2023

As the current EU Digital Covid Certificate rules are set to expire on 30 June, the Committee on Civil...

Iran Applies To Join BRICS Club

Iran, which holds the world's second largest gas reserves, has applied to join the BRICS group of Brazil, Russia,...
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