The Serbian parliament started debating on a new law, regulating the operations of the central bank, local media reported. Outgoing NBS governor Radovan Jelasic said the bill was created to strengthen the independence of the central bank and its officials. The bill envisages that the governor will be elected by the country's president instead of the parliament's finance committee. Also, NBS' monetary policy committee will be replaced by an executive committee, a body that will comprise of the governor and the deputy governors. Jelasic resigned late in March, citing personal reasons, and the nominee for his replacement is NBS council chairman Dejan Soskic. |
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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