Serbia's government published a classification of domestic regions in terms of development, classifying the Belgrade region as the sole developed one, Beta news agency reported. The Belgrade region was the only one, whose gross domestic product exceeded that on national level. The regions of Vojvodina, Sumadija, Western Serbia and Southern and Eastern Serbia were classified as underdeveloped. Nineteen local units are described as being above average in terms of economic development, 33 have generated GDP at 80-100% of the national average, and 47 were at 60-80% and therefore were classified as underdeveloped. The remaining units were extremely underdeveloped - 46 regions at 50-60% and 27 units - below 50%. |
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