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Dražen Pjeranović, Elektromontaža Kraljevo CEO

Dedication Brings Success

Energotehnika Južna Bačka took over the majority package of shares of Elektromontaža Kraljevo last year, thereby creating the conditions for a bolder and more...

New Power Plant Construction Projects Progressing

Modern EPS Drives Serbia’s Economy

The key to improving the complex system of public enterprise Electric Power Industry of Serbia (EPS) is represented by investments in the modernisation of...

Luka Petrović, Director, Elektroprivreda Republike Srpske

A Reliable Supplier

ERS, Elektroprivreda Republike Srpske, is the backbone of the country’s economic and social development and, as such, has a serious approach to the community,...

Milutin Đukanović, President Of The Board At EPCG

The Future Belongs To Green Energy

Besides guaranteeing a stable production and supply of electricity for households and industry, EPCG has had a leading role in the economic development of...

CWP Global

Team For A Cleaner Future

CWP Global is one of the largest investors in wind farms in Serbia, and known worldwide for large and innovative renewable energy projects Serbia has...

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.

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Comment

The Shift Is On

After many years of fatigue, it seems that the National Plan for Energy and Climate, as well as the forthcoming Energy Development Strategy, signal...

Comment

Same Same, But Different

Between the two Slovenian presidencies of the Council of the European Union, the country maintained its position that EU enlargement to encompass the Western...

Zoran Panovic

Two Camps

In Serbia we’re seeing a clash between strong, arrogant authorities and a weak, conceited opposition. Without the slightest cynicism, the famous dialogue between the...

H.E. Sem Fabrizi, Head of the European Union Delegation to Serbia

Reforms Create New Opportunities

It is very important to redouble efforts to accelerate the accession process. The new methodology – recently approved by the EU, with the full...

News

Serbia Returned On EU List Of Safe Countries

The Member States of the European Union (EU) have decided to return Serbia on the list of epidemiologically safe...

Biden, Putin Face Off At Long-awaited Summit

US President Joe Biden and Russian President Vladimir Putin have started a high-stakes summit that is expected to be...

Six New Ambulances For Health Care Institutions In Serbia Delivered

The Ambassador of the United States of America to Serbia, Anthony Godfrey, presented today 6 new ambulances to the...

Mitigation Measures Against Coronavirus Epidemic

Provincial Secretary of Health and member of the COVID-19 crisis response team Zoran Gojkovic announced that at today's session...

New Call For Young Ambassadors

The Young European Ambassadors (YEA) network launched new call for applications for young people from the Western Balkans between...

Serbia Returned On EU List Of Safe Countries

The Member States of the European Union (EU) have decided to return Serbia on the list of epidemiologically safe...

Biden, Putin Face Off At Long-awaited Summit

US President Joe Biden and Russian President Vladimir Putin have started a high-stakes summit that is expected to be...

Six New Ambulances For Health Care Institutions In Serbia Delivered

The Ambassador of the United States of America to Serbia, Anthony Godfrey, presented today 6 new ambulances to the...

Mitigation Measures Against Coronavirus Epidemic

Provincial Secretary of Health and member of the COVID-19 crisis response team Zoran Gojkovic announced that at today's session...

New Call For Young Ambassadors

The Young European Ambassadors (YEA) network launched new call for applications for young people from the Western Balkans between...

Serbia Returned On EU List Of Safe Countries

The Member States of the European Union (EU) have decided to return Serbia on the list of epidemiologically safe...

Biden, Putin Face Off At Long-awaited Summit

US President Joe Biden and Russian President Vladimir Putin have started a high-stakes summit that is expected to be...

Six New Ambulances For Health Care Institutions In Serbia Delivered

The Ambassador of the United States of America to Serbia, Anthony Godfrey, presented today 6 new ambulances to the...

Mitigation Measures Against Coronavirus Epidemic

Provincial Secretary of Health and member of the COVID-19 crisis response team Zoran Gojkovic announced that at today's session...

New Call For Young Ambassadors

The Young European Ambassadors (YEA) network launched new call for applications for young people from the Western Balkans between...
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