Serbia recalled its ambassador from neighbouring Montenegro on Jan 15 after the country decided to establish diplomatic relations with Kosovo. Montenegro recognised Kosovo's independence over a year ago. The latest decision of the Montenegrin government strained its relations with Serbia . Serbia and Montenegro formed a state until 2006 when Montenegro became independent. Kosovo has been recognised by more than 60 countries since it announced its independence in 2008.
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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