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Inflation rose in the 17-member Euro zone to the highest since 2008, reaching 3.2%. Continue reading
Retail sale in March of this year compared to March the previous year had in real terms declined by 14 percent. Continue reading
The inflation rate in all the other countries of the Western Balkans in 2011 will be perceptibly lower than in Serbia and will be moving in a range of 2% in Montenegro, 3.5% in Croatia, 5% in BiH, and 5.2% in Macedonia. For Slovenia a 2.2% inflation is projected. Continue reading
The European Commission has published the latest assessment of economic recovery in the Western Balkans in which as one of the main problems is given unemployment, and the record-breaker in the region is Bosnia and Herzegovina with 42.7 percent of the unemployed being the working population. The unemployment rate in Serbia reached 20%, 11.8% in Croatia and is marking a considerable drop in relation to the previous period, while Macedonia last year had 32.1% unemployed citizens, Albania 13.7, Montenegro 12.1%. Continue reading
The strengthening of the RSD against the Euro in the past period cannot be a long-term occurrence since there is no significant recovery of the Serbian economy behind it all. Continue reading
Estimates that we are out of the crisis can only be given by those who do not go out among the people. I never heard of anyone accuse Angela Merkel or Sarkozy that they are distancing their country from the EU by having the best possible cooperation with Russia. Continue reading
Eurostat, the EU’s Statistical Office, released that consumer prices had in the Eurozone been 2.6% higher than in the same month last year. This is the biggest rate since October 2008, and is significantly greater than the goal of Europe’s Central Bank of “nearly, but below 2%.” Continue reading
China, Brazil and other economies, to be thanked for the global recovery, due to a high rate of economic growth, risk higher inflation. Continue reading
We are entering 2011 with a high inflation of 11.2%, with adverse international trends, soaring food and energy prices, according to the Quarterly Monitor. Continue reading
The overall debt level of Serbia is high and is a serious threat to overall stability too, so much so that we are going even deeper into debt, approximating the high indebtedness benchmark, or 80% of the GDP, assesses for Business Review an economist and expert on foreign investments, Prof Dr. Milan Kovacevic. Continue reading