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Serbia secures €100 million CEB loan as wastewater investment expands across 17 municipalities

Serbia is preparing another major wave of environmental infrastructure investment after the Council of Europe Development Bank approved a €100 million sovereign loan for...

Serbia’s deficit doubles as investment spending rises, but fiscal position stays ahead of plan

Serbia’s consolidated fiscal deficit more than doubled in the first eight months of 2026 as the government accelerated infrastructure spending, but the central budget...

Belgrade separates financing from €340 million tram tender as fleet renewal gathers pace

Belgrade is restructuring how it finances public-transport investment as the Serbian capital prepares its largest tram acquisition in decades, separating funding from vehicle procurement...

Serbia’s debt rises to €41.9 billion as budget deficit stays far below 2026 plan

Serbia’s public debt climbed to €41.93 billion by the end of August as the government financed an expanding investment programme, but stronger-than-planned budget performance...

Serbia’s investment surge widens budget deficit as borrowing rebuilds cash reserves

Serbia’s budget deficit widened to approximately €832 million in the first seven months of 2026, as a sharp increase in investment payments in July...

Serbia’s export recovery narrows trade gap as weaker foreign investment tests growth outlook

Serbia’s faster export growth and rising household purchasing power are strengthening the foundations for an economic recovery, but weaker foreign investment is leaving the...

Serbia’s wider budget deficit tests fiscal credibility as spending supports growth

Serbia’s expanded spending plans could strengthen near-term growth but weaken confidence in its fiscal commitments, as political uncertainty puts pressure on the policy discipline...

Serbia signals Russian gas extension at €318 as diversification collides with price advantage

Serbia expects to extend its Russian gas supply arrangement beyond September 30 at around €318 per 1,000 cubic metres, highlighting the tension between Belgrade’s...

Serbia’s investment-grade status meets test of global risk as sovereign spread stays elevated

Serbia’s achievement of an investment-grade credit rating has widened its potential investor base, but borrowing costs remain exposed to global uncertainty, showing that stronger...

Serbia’s FX reserves hit record €30.8 billion as gold holdings reach 55 tonnes

Serbia's foreign-exchange reserves reached a record €30.8 billion in August, strengthening the central bank's buffer against external shocks as gold holdings climbed to 55 tonnes. The reserve...

Serbia keeps debt near 44% of GDP as capital spending rises sharply

Serbia increased public investment sharply in the first seven months of 2026 while keeping government debt at around 44% of GDP, as infrastructure and Expo-related...

Serbia joins €115 billion Carpathian investment platform as infrastructure strategy shifts toward Central European corridors

Serbia’s entry into the new Carpathian Eight investment framework could open another pipeline of transport, energy and logistics contracts for Serbian construction companies, utilities...

Serbia targets 2.75% deficit as IMF review tests investment-heavy fiscal model

Serbia is targeting a 2027 budget deficit of no more than 2.75% of GDP, signalling a return toward tighter fiscal policy just as Expo-related...

Serbian companies face compliance squeeze as ownership, tax and competition rules tighten

Serbian companies are entering one of the busiest corporate compliance periods in recent years as new beneficial ownership rules take effect, tax incentives are...
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