The European Commission head in Serbia Vincent Deger and Serbian deputy PM Bozidar Djelic are due to ink an agreement for EUR 174mn grant from the EC for the financing of 26 projects in Serbia. The funds will be spent on local infrastructure (EUR 31mn), and higher education infrastructure development (EUR 25mn), as well as for supporting development of southern and southwestern Serbia (EUR13.7mn). The funds granted by the EC are part of the EU's Instrument for Pre-Accession Assistance (IPA). |
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Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more
Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more
Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more