S&P retains Montenegro’s B+/B rating
International credit ratings agency Standard & Poor’s (S&P) confirmed Montenegro’s long and short term foreign and local currency sovereign credit rating at B+/B with a stable economic outlook. The rating is mostly due to the country’s long-term economic growth potential. “Montenegro’s favorable growth potential, stemming from the possibilities for further development of tourism and the energy sector, […]
READ MORESlovenia to allocate EUR 80m for EU presidency in 2021
Slovenia’s government estimates it will need EUR 80m and additional 350 employees to cover the cost of its presidency in 2021, Maribor daily, Večer, reports. During the six-month presidency, the EU chair country is expected to undertake 2,000 meetings. Slovenia’s state secretary said that apart from assuming the leading role in the EU in the […]
READ MOREZagreb airport amongst Europe’s best
Travellers recognised Zagreb Airport as one of Europe’s best in 2018 in its size category, the global trade organisation Airports Council International (ACI) reported this week. The report is based on a survey on airport quality including travellers from around the world. The airport was placed in the 2-5 million category, sharing the ASQ Awards given […]
READ MORESerbian government launches entrepreneurship support programs
The government of Serbia has recently adopted a decree on establishing a support program to open Regional Innovation Centres across the region. The aim of the program is to promote an innovative entrepreneurial ecosystem in Serbia as well as in the region. Regional Innovation Centres will provide necessary conditions and equal chances for the realization and […]
READ MORERoaming charges between Kosovo and Albania to be abolished
According to the national coordinator between the governments of Kosovo and Albania, Fatmir Ljimaj, roaming tariffs in telecommunications between Kosovo and Albania will be lifted in May. Many other agreements between the two states will be implemented soon, Ljumaj added. Kosovo’s assembly passed a resolution to abolish roaming tariffs last June. The European Union has appealed to […]
READ MORESlovenian MPs discuss budget amendments
Slovenian MPs have started today a discussion on the proposed amendments to the state budget for 2019. Proposed amendments suggest increase in revenues by 6.2% to EUR 10.35bn as well as increased expenditures by 4.8% to EUR 10.16bn. There is an expected surplus of EUR 193.6m by the end of the year, which amounts to […]
READ MOREKopaonik Business Forum: Serbia needs stronger economic growth
Serbian prime minister Ana Branbić yesterday opened Kopaonik Business Forum , saying that though Serbia recorded a 4.3% growth last year, which is the highest in the last ten years and among the highest in Europe, it is still not enough for Serbia to catch up with EU members in the near future. At the […]
READ MOREFuel subsidies for Serbian farmers
Serbian farmers will be entitled for new diesel fuel subsidies. Serbian minister of agriculture Branislav Nedimović announced that farmers will receive RSD 20 subsidy for 60 litres of diesel fuel per hectare of land. Important addition is that all farmers will be entitled for this subsidy. It is a governmental measure to promote agriculture in […]
READ MORESlovenian GDP increased by 4.5% in 2018
According to Slovenian statistical office (SURS), Slovenian GDP grew by 4.5% last year, slightly less than in 2017 (4.9%). GDP growth rate is in line or even higher with expectations by international as well as Slovenian economic institutions. Institute of Macroeconomic Analysis and Development predicted in autumn that the Slovenia’s GDP would increase by 4.4%, […]
READ MORECroatia’s economic growth slowed to 2.3% at the end of 2018
Growth of Croatian economy is slowing down, according to data of Croatian bureau of statistics, Poslovni reports. The recent data shows the Croatian economy grew by 2.3% (year on year) in the fourth quarter last year, which is significantly less than in the previous quarter (2.8%) and less than expected. Still, the final quarter of […]
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