More than 1mn Serbians receive remittances from their relatives abroad, B92 reported, quoting migration minister, Srdjan Sreckovic. Remittances accounted for 15% of Serbian GDP on average over the last three years. Foreign remittances have helped to preserve the macroeconomic stability and the dinar exchange rate in the crisis years, Sreckovic added. |
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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