A Serbian delegation led by finance minister Diana Dragutinovic, deputy PM in charge of European integrations Bozidar Djelic, outgoing central bank governor Radovan Jelasic and state secretary in the finance ministry Slobodan Ilic will attend 2010 Spring Meetings of the IMF and the World Bank in Washington. Spring Meetings are due to be held on Apr 24 and Apr 25. We recall that under its EUR 2.9bn arrangement with the IMF, Serbia has so far withdrawn EUR 1.3bn. As earlier reported, in its latest World Economic Output (WEO) report, the IMF has raised projection for Serbia 's GDP growth to 2% in 2010. BANKING AND FINANCE
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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