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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...

Zdravko Veljanov, Ph.D. Candidate Doctoral School Of Political Science, Public Policy And International Relations, Central European University

Breaking Barriers: The Promise Of A Fresh Start In Montenegro

In order to maintain his position and succeed in upcoming elections, the new president-elect must focus on improving his party’s capacities. This involves absorbing pressure and utilising his technical expertise to build the required infrastructure

The closest presidential elections in Montenegro since 1997 have given the country the promise of bridging divides and reshaping the country’s political culture. Following a period of political and institutional instability, the first of the two 2023 elections showed the willingness of the Montenegrin electorate to move on from Đukanović. The now-outgoing president could not replicate the first-round results and lost comfortably to a unified opposition. The second-round defeat comes at the expense of a newcomer. “Europe Now!” managed to create a strong base going into the first round and to further strengthen its position going into the second round by garnering the support of Đukanović’s opponents. The stark contrasts in the candidates’ expectations for the country’s direction are summed up in their discourse ahead of the second round. While Đukanović sounded somewhat unwilling to change or seek compromises by stressing the importance of continuance, president-elect Milatović underscored the need for change and dialogue, resulting in broader support in the second round.

Strong political party capacities are crucial for building strong state institutional capacities, which can resist political polarisation and restore trust in democratic institutions

It was the third major defeat of the DPS since 2020, following the parliamentary elections and the loss of Podgorica. Domestically, it leaves the country in uncharted territory, but with sufficient experiences from the region. Some similarities can be noted with North Macedonia’s case when VMRO-DPMNE lost all significant positions over the course of just a few years. What should be avoided is a lack of investment in building institutional capacities, which would ensure that the country’s progress is short-lived. What differentiates it from the Macedonian case is the profile of the newcomers. Here we see more remarkable similarities with Bulgaria’s brief government of “We Continue the Change”. Two foreign-educated economists founded a party and quickly won important elections against well-established and long-serving politicians. What the new president-elect can learn from is the need to create party capacities that are capable of absorbing pressure and translating technical expertise into the building of infrastructure to maintain its position and channel that into the upcoming elections. Building strong party capacities is necessary to shape strong state institutional capacities that can soak up the intense politically polarising pressure and re-establish trust in the democratic abilities of institutions. These steps are essential to overcome the profound political instability and emerge from the institutional and constitutional crises.

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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