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Latest Business News from the Balkans

no-economic-recovery-in-sight-for-croatia-and-serbia
18 Dec 14

Raiffeisen Gloomy About Croatia, Serbia Economies

Regional analysis conducted by Raiffeisen bank says the economies of Serbia and Croatia saw no growth in 2014 and will not do much better in 2015 - while the outlook for other countries is somewhat brighter.

china-summit-sees-belgrade-budapest-railway-agreements
17 Dec 14

Serbia, Hungary Seal Rail Deal at Belgrade Summit

The Serbian and Hungarian Prime Ministers signed agreements in Belgrade on constructing a high-speed railway link, which China is to financeand help build.

turks-to-build-aqua-park-in-montenegro
17 Dec 14

Turkish Firm to Build Aqua Park in Montenegro

A Turkish company plans to fund construction of a major aqua park on the Montenegrin coast, in another sign of closening economic ties between Montenegro and Turkey.

china-pledges-3-billion-dollars-for-region
17 Dec 14

China Pledges $3bn Fund at Belgrade Summit

China's Prime Minister Li Keqiang promised a significant new investment fund for Central and Eastern European countries at the summit in Belgrade.

belgrade-gears-up-for-china-summit
16 Dec 14

China-Balkan Summit Kicks off in Belgrade

A two-day summit of leaders from China and Central and Eastern Europe started in Belgrade on Tuesday with bilateral talks aimed at fostering relations between the countries concerned.

crime-and-corruption-left-a-100-billion-hole-in-balkan-economies
16 Dec 14

Illicit Outflows Rob Balkan Economies of $100bn

A study by Global Financial Integrity, GIF, says illicit money outflows robbed Balkan countries of the equivalent of more than 100 billion dollars during the last decade.

belgrade-summit-big-chance-for-serbia-officials-and-experts-say
15 Dec 14

Serbia Awaits Benefits from China Summit

Serbia is hoping for an economic boost from infrastructure projects that will be discussed at a summit of leaders from China and central and eastern Europe in Belgrade this week.

air-serbia-snatches-passengers-with-low-prices
12 Dec 14

Air Serbia Restores Belgrade-Zagreb Flights

Air Serbia began the first direct flights between Zagreb and Belgrade after 23 years on Friday.

purchasing-power-in-region-far-below-eu-average
12 Dec 14

Albania and Bosnia Lag in Europe GDP Table

Albania and Bosnia have the lowest GDP per capita of 37 European countries examined, while Bulgaria is the EU's poorest country, the bloc’s statistics office, Eurostat, said on Thursday.

rijeka-airport-attracts-new-airlines-to-the-adriatic-coast
10 Dec 14

New Airlines Flock to North Adriatic Coast

New direct flights from a host of European cities to Rijeka will start next year, from Germany, Britain, Lithuania and Latvia.

romania-and-international-lenders-agree-over-2015-budget
10 Dec 14

Romania Seals 2015 Budget Deal With Lenders

Romania has reached an agreement with the IMF and EC to run a deficit in 2015 of 1.83 per cent of GDP.

serbian-government-to-set-2015-budget
10 Dec 14

Serbia Moves Closer to Adopting Tough Budget

After a month's delay, the Serbian government will discuss the new 2015 budget proposal, which envisages making 700 million euros in savings.

economists-raise-concerns-over-unemployment-drop-rate
05 Dec 14

Economists Question Serbia Unemployment Fall

Experts said there was a contradiction between claims that the new Labour Law caused a drop in unemployment and data saying the number of people in work has not risen by the same amount.

serbia-counts-costs-of-gas-pipeline-halt
03 Dec 14

Serbia Counts Costs of Russian Pipeline Halt

After Russia announced it would scrap its South Stream gas pipeline, experts have warned that Serbia might suffer serious economic damage if Vladimir Putin sticks to the decision.

albania-to-slash-prices-for-independent-electricity-producers
03 Dec 14

Albania to Slash Independent Electricity Purchase Price

The Albanian government has announced that it will cut the wholesale price paid for electricity produced by independent companies, arguing that is too high.

Politics and Society

world-footballers-warned-about-serbian-clubs
18 Dec 14

World Footballers Warned About Serbian Clubs

Union advises players not to sign for Serbian clubs as so many are bankrupt and cannot pay their teams.

Culture and Lifestyle

festive-fun-for-seasonal-revellers

Festive Fun for Seasonal Revellers

The city will welcome Christmas and New Year with a seasonal market and folk stars, rock bands and techno DJs playing open-air gigs.