EMG :: Business news from Serbia 2010

PM Cvetkovic: There are no disagreements with IMF

13:13 | 0 | Tanjug

“There are no disagreements with the IMF, as it is misinterpreted in the public. We have reached an agreement on realizing the first review of the arrangement after the setting up of the new government and the adoption of the budget review. At the same time, the status

Republic of Serbia: Conclusions of an IMF Staff Visit

17:58 | 0 | Emg.rs

An International Monetary Fund (IMF) mission headed by Zuzana Murgasova visited Serbia during February 2-9, 2012 for discussions on the status of the precautionary Stand-By Arrangement (SBA) with Serbia. Ms. Murgasova issued the following statement today in Belgrade:

President Tadic to visit Priboj and Nova Varos

13:12 | 0 | Tanjug

The Serbian president will in Nova Varos talk with representatives of the emergency headquarters of the municipalities of Nova Varos and Prijepolje, after which he will visit workers engaged in clearing snow, the president's press service released.

Serbia awaits decision on OSCE chair candidacy

13:11 | 0 | Tanjug

Decision on Serbia's candidacy for the presidency of the Organization for Security and Cooperation in Europe (OSCE) will be taken in Vienna on Friday, OSCE has confirmed to Tanjug.

Dacic to open ceremony marking 112 European Day

08:13 | 0 | Emg.rs

First Deputy Prime Minister and Minister of the Interior Ivica Dacic will open the ceremony marking the 112 European Day, a system for responding to emergencies, on 10 February, at 14.00, the Palace of Serbia, Bulevar Mihajla Pupina 2, hall "Beograd", east entrance.

Serbia's balance of payments deficit up by 39 %

08:11 | 0 | Tanjug

Serbia's balance of payments deficit in the period from January to November 2011 totaled USD 3.44 billion which is 39 percent more than in the respective period in 2010, reads the magazine Conjuncture Trends of Serbia, published by the Serbian Chamber of Commerce.

Arrangement not terminated, review by mid 2012

08:09 | 0 | Tanjug

The precautionary arrangement with the International Monetary Fund (IMF) has not been terminated nor has it collapsed -it is still in effect, but its review has been postponed until the middle of the year, economic advisor to the Serbian prime minister Jurij Bajec told Tanjug

Dinar hits record low, NBS sells EUR 68.5 mil

08:08 | 0 | Tanjug

The dinar will continue to slide for the fifth consecutive day on Friday, despite an intervention by the central bank which sold EUR 68.5 million on the foreign exchange market, hitting a record low official middle exchange rate of RSD 109.1794 for one euro, the National Bank

First review of arrangement after budget revision

08:06 | 0 | Tanjug

Representatives of the International Monetary Fund (IMF) stated at Thursday's meeting with Prime Minister Mirko Cvetkovic that the first review of the arrangement with this financial institution will take place after the adoption of the budget revision.

LDP official Vesna Pesic leaves politics

08:05 | 0 | Tanjug

Until recently a high official of the Liberal Democratic Party (LDP), Vesna Pesic, has stated that she is leaving politics and that she will not be on any election list at the next parliamentary elections.

Tadic: Risk of floods and landslides

08:03 | 0 | Tanjug

Serbian President Boris Tadic stated in the municipality Mali Zvorink in western Serbia on Thursday that Serbia offered the best possible response to the difficulties caused by the latest wave of low temperatures and heavy snowfall.

Veljovic honours Gendarmerie

08:01 | 0 | Tanjug

Serbian Police Director Milorad Veljovic visited a part of the Gendarmerie unit in the Ground Safety Zone on the administrative line with Kosovo-Metohija, and commended its members on their successful performance of exceptionally difficult tasks.

Serbia, Denmark to sign agreement on support to private sector for fruit production, processing

07:54 | 0 | Tanjug

The goal of the agreement is to improve production and processing in underdeveloped parts of Serbia, increase export of fresh fruits and fruit products, garner larger income for the local population and create new jobs.

14 people dead of cold in Serbia, 190 people saved from snow-struck areas

07:53 07:58 | 0 | Emg.rs, Tanjug

Assistant Minister of the Interior and Head of the Sector for Emergency Situations Predrag Maric stated today that 190 persons have so far been rescued and evacuated from snow-struck areas, including a 20-day old baby.

Serbia to improve agriculture cooperation with African countries

07:52 | 0 | Emg.rs

Minister of Agriculture, Trade, Forestry and Water Management Dusan Petrovic said today that Serbia could achieve a good cooperation in agriculture and food industry with African and Middle Eastern countries.

More than 400 new jobs in Svljig

07:50 | 0 | Emg.rs

Deputy Prime Minister for Economy and Regional Development Verica Kalanovic presented today in Svrljig agreements on encouraging investments for the companies DIV, Kameleon and Niska Mlekara dairy, which will hire 412 new workers in Svrljig.

Power cuts in around 2,000 non-vital companies

07:48 | 0 | Beta

The director of the government's media office, Milivoje Mihajlovic, said on Feb. 9 that electricity will be switched off in around 2,000 companies in Serbia which are not of vital interest, with the aim of protecting the national electric power system.

Serbian Gov't working on national broadband network

07:43 | 0 | Beta

The Serbian government has formed a working group that will define projects for the building of the national broadband network, as published in the Official Gazette.The group's task is to define a detailed plan for the development of the national broadband network, and the role

Vuk Jeremic with U.N. Secretary General

07:38 07:42 | 0 | Beta

United Nations Secretary-General Ban Ki-moon met on Feb. 9 with Vuk Jeremic, Foreign Minister of Serbia.The Secretary-General expressed satisfaction with the recent reduction of tensions and the progress made in the restoration of freedom of movement in northern Kosovo.

Dacic to visit dispatching centre of EPS

19:20 | 0 | Emg.rs

Ivica Dacic will visit the dispatching centre of the Electric Power Industry of Serbia (EPS), Vojvode Stepe 412, on 9 February at 21.00.

NBS: Key policy rate maintained at 9.5 percent

15:15 | 0 | Emg.rs

Year-on-year inflation continues down, driven primarily by the weakening of the cost-push pressure on food prices and low aggregate demand. The drop in year-on-year inflation rates will proceed over the coming months, due chiefly to the base effect of high monthly inflation

Serbian Gov't continues to implement all agreements reached with IMF

15:12 | 0 | Emg.rs

IMF representatives stated that the first revision of this arrangement will be implemented after the adoption of the budget revision. IMF representatives will visit Belgrade again in the middle of this year.

Serbia's external debt totals EUR 23.84 billion

09:27 | 0 | Tanjug

Serbia's external debt at the end of November, 2011, totaled EUR 23.84 billion, which is up by EUR 69 million compared to October, reads the magazine Conjuncture Trends of Serbia, published by the Serbian Chamber of Commerce.

Brazil ready to invest EUR 300 million in Serbia

09:26 | 0 | Tanjug

Brazil is ready to invest EUR 300 million through its Development Bank in infrastructural projects in Serbia, it was announced at the meeting between Brazil's economic delegation and Serbian Minister of Infrastructure and Energy Milutin Mrkonjic, held in Belgrade.

Zastava Arms to sign contracts worth USD 330 mil

09:23 | 0 | Tanjug

Serbian Defense Minister Dragan Sutanovac stated in Kragujevac (central Serbia) late Tuesday that the weapons factory Zastava Arms will this year sign contracts worth almost USD 330 million, which is nearly nine times more than in 2011.

Parliament opens first special session in 2012

09:21 | 0 | Tanjug

The Serbian parliament has opened on Wednesday its first extraordinary session in 2012, at which MPs will debate appointments in the domain of judiciary.

Halimi urges compromise for change in street names

09:20 | 0 | Tanjug

Leader of the Party of Democratic Action and Serbian MP Riza Haljimi stated on Wednesday that Serbs and ethnic Albanians should find a compromise solution to the change in the name of six streets in Bujanovac (southern Serbia), underlining that the coalition in the municipality

10. February 2012.