Serbia slightly improves ranking in World Bank's Doing Business 2011 report.

By bne IntelliNews November 5, 2010
Serbia moved up by one position to rank 89th in terms of ease of doing business among 183 states, the World Bank's report Doing Business 2011 showed. Serbia adopted a new bankruptcy law that introduced out-of-court settlement and a unified reorganisation procedure, which helped the country advance on the WB list. In the previous report, Serbia ranked 88th, but the addition of another two countries in the list moved Serbia to the 90th place. Compared to the previous report, Serbia made progress in registering property and closing a business, but deteriorated in several other areas, such as starting a business, dealing with construction permits, getting credit, protecting investors, paying taxes and trading across borders.

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