According to the finance ministry's latest macroeconomic projections, at the end of 2012 Serbia is expected to register real GDP growth of 3%, inflation rate of 3.5% and current account deficit amounting to 8.7% of GDP. Real GDP growth for 2011 is seen at 2% and inflation rate is expected to slow down to 7.9% at the end of the year. The finance ministry expects a current account deficit for 2011 of 7.6% of GDP. |
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