Economy in Serbia

  • Europe in 2016: Terror fears, migration, politics. But economy may turn a corner

    ALBANIA, 2016/01/02

  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.

  • Revised IMF forecasts signal gloom on global economic outlook

    AFGHANISTAN, 2015/01/20 Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday. In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.

  • The real growth of Serbia's gross domestic product (GDP)

    SERBIA, 2014/01/02 The real increase of Serbia's gross domestic product (GDP) in the third quarter of 2013 amounted to 3.7 % compared to the same period last year, a statement from the Statistical Office said on Monday. Seasonally adjusted data indicate a 1.4-% increase of GDP in the third quarter of this year compared to the previous quarter. Observed by activities, a significant real increase of gross added price was registered in the third quarter of 2013, compared to the same period last year, in the sector of electricity, gas and steam supplies - 20.5 %, the data and communications sector - 12.5 %, the processing industry sector - 8.7 %, and the mining sector - 8.3 %.

  • Economy will increase by 2 % in 2013

    SERBIA, 2013/05/13  This year's GDP increase in Serbia would total 2 % or even additional, advisor to the finance minister Milica Bisic stated on Tuesday. During a news briefing, Bisic underscored that signs of mild recovery, such as export increase and rise in industrial production, are by presently visible.

  • Cash-Strapped Serbia Slaps Taxes on Rich

    SERBIA, 2013/01/07 Starting January 15, Serbian citizens will have three months to statement their property if it exceeds in price 35 million dinars (about 315,000 euro) to the Tax Government office. If their assets do not match their gain, the tax office will impose a tax on the additional assets at a rate of 20 %. The aim is to tax assets that not taxed formerly along with gain gained without any evidence.

  • Serbia Awaits Toughly Worded EU Report 2012-09-29

    SERBIA, 2012/09/29 更多     Serbia Awaits Toughly Worded EU Report The October evolution statement is likely to say that with this year's general elections and delays to the formation of a new government, Serbia has wasted precious time on making evolution on a number of key issues, an EU diplomat told Balkan Insight. For these reasons, Brussels is likely to postpone a agreement on whether to offer Serbia a date for a start to accession talks, he added. The statement is due to be presented to the Serbian government on October 10. Key issues likely to be highlighted in the statement include normalisation of relations with Kosovo, which Serbia  does not recognise as a
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