Serbia's Financial Council said that a budget revision is needed to avoid a looming debt crisis.
Bosnia, Croatia, Macedonia and Montenegro have taken milk produced by two Croatian dairies off the market amid fears of contamination by potentially dangerous aflatoxin M1.
Indebted state-run power monopoly says it needs to borrow 450 million euro or it may go bankrupt within the next month or so.
The largest producer of the traditional beverage NAVIP in Serbia and in the Balkans has closed after 84 years, another victim of the economic crisis in the region.
As the Serbian government mulls involving the Chinese in building a river channel from Belgrade to Thessaloniki, opposition parties and some experts have dubbed it unrealistic.
The Austrian company is to start construction of a factory in the town of Subotica in northern Serbia in June.
Ministers from Belgrade and Moscow have signed a deal on a 600 million euro Russian export loan to finance rail infrastructure in Serbia.
To join the World Trade Organisation and move towards the European Union, Serbia will have to allow the production and import of GMOs.
Macedonia tops the region in the 2013 Index of Economic Freedom, annually compiled by The Wall Street Journal and The Heritage Foundation.
As a part of its measures to combat the economic crisis and tax evasion, the goverment has introduced new taxes on people whose assets plainly do not match their incomes.
The low-cost German airline has decided to abolish flights from Vienna to Belgrade as of summer 2013.
Forbes magazine has rated Slovenia and Macedonia as the best countries in the Balkans in which to do business. Serbia is rated worst.
Serbia's trade minister has said it is important for Serbia to strike a new deal with the IMF, ahead of a visit from bank officials on Tuesday.
Serbian reforms in sustainable energy sources and in financing of micro, small and medium-sized companies are noted in EBRD report.
The Austrian banking group has started putting its subsidiaries in Southeast Europe up for sale.
Businesses in Southeast Europe are finding it easier to operate as governments cut red tape, a new World Bank reports concludes.
Powerful businessman who made a fortune in sugar is among pre-qualified bidders for Kosovo’s ambitious planned ski resort.
Economists from Kosovo and Serbia debated the future of the disputed Trepca mine complex, which according to estimates could be exploited profitably for decades to come.