Serbia
Western Balkans risk losing €700mn in EU funds over delayed reforms
The European Union has warned Western Balkan countries they risk losing more than €700mn in growth package funding unless stalled reforms are accelerated.
Serbia to jointly produce drones with Israel, president confirms
President Aleksandar Vucic confirms Serbia will partner with an Israeli manufacturer to build drones.
MOL-NIS deal faces uncertainty after Orbán defeat
Sale of a majority stake in Serbian oil company NIS to Hungary’s MOL Group is increasingly uncertain after Viktor Orbán’s defeat in Hungary’s general election, though President Aleksandar Vucic said he still expects a deal.
Orbán’s election defeat shakes illiberal allies in Southeast Europe
Implications for leaders across Southeast Europe who have aligned themselves with Viktor Orban's brand of illiberal governance.
Serbia's FX reserves fall in March as gold prices slump
Gross foreign exchange reserves stood at €28.48bn at the end of March, down by €1.33bn from a month earlier, the central bank said.
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Serbia holds key rate at 5.75% following global energy shock
Despite the global uncertainty, the NBS still expects inflation to remain within its target band of 3% plus or minus 1.5 percentage points by the end of the year.
Greenpeace says gas flaring persists in eastern EU despite methane ban
Fossil fuel operators in parts of eastern Europe are continuing to burn methane in potential breach of new EU rules banning routine flaring.
Serbia starts trial run of desulphurisation plant at key coal power station
Serbia’s state power utility EPS has begun trial operations of a flue gas desulphurisation unit at its Nikola Tesla B coal-fired power plant, part of efforts to curb emissions and align with European environmental standards.
Serbia opens election talks as opposition rejects dialogue
Serbia’s President Aleksandar Vucic said early parliamentary elections could be held as soon as May 31 and no later than March next year.
Explosives found near Serbia gas pipeline ahead of Hungary vote
Powerful explosives were discovered near a key gas pipeline in northern Serbia that supplies Russian gas to Hungary, raising concerns about energy security a week before Hungary’s parliamentary election.
$2bn World Bank loan to eliminate Bosporus bottleneck in China-Europe trade corridor breakthrough
INRAIL project also a boost for commerce aross Central Asia, Caucasus and Middle East.
Serbia’s ruling party claims clean sweep in tense local elections
Elections were treated by the Serbian authorities authorities as a key political test ahead of national elections expected by 2027.
Serbia secures three-month extension of Russian gas deal
Serbia has secured a three-month extension of its gas supply agreement with Russia on favourable terms, President Aleksandar Vucic said on March 30 after a call with Russian President Vladimir Putin.
EU enlargement rethink as divisions emerge among key member states
Ukraine has dominated recent discussions, but a new DGAP paper argues Montenegro and Albania are closest to membership and should receive greater attention.
Middle East conflict fallout to slow growth, push up inflation in Emerging Europe and Mediterranean region, EBRD says
Development bank says economic fallout is already spreading, through higher energy and fertiliser costs, damage to tourism and higher debt-servicing costs.
Serbia to extend Russian gas deal through October
Serbia expects to extend its current natural gas supply arrangement with Russia by the end of March, securing deliveries until October under a short-term annex agreement.
Russia accuses Ukraine of trying to disable pipelines that deliver gas to Turkey, Hungary and Slovakia
Gazprom alleges 26 attack drones tried to reach compression stations vital to TurkStream and Blue Stream operations.
Kosovo’s PM warns of rising tensions as Serbia holds military drills near border
Tensions persist along Kosovo and Serbia's shared border, where security incidents and military activity continue to to raise concerns about regional stability.