High unemployment remains one of Serbia's major issues despite the government's effort to boost employment, Beta news agency reported citing Jurij Bajec, economic expert and advisor to the prime minister. According to Bajec, consumer prices in the country rose by 12.6% in the past year, while average salaries increased by about 2% in real terms over the same period. In June 2010, net monthly salaries were RSD 34,180 or EUR 330, while in June 2011 the average net salary was RSD 39,322 or roughly EUR 395, Bajec pointed out. |
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