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Policy & State

Policy and state news covering government decisions, regulation, public sector reforms, economic policy, state-owned companies and institutional developments affecting business.

Serbia’s EU accession as a financial repricing process: Macro stability, sector reordering and capital allocation through 2027

Serbia’s European Union accession process is often framed as a political timeline or a diplomatic negotiation. For capital markets, banking institutions, and long-term investors,...

Why EU candidate countries misinterpret “strategic projects”: Lessons from Serbia

In EU candidate countries, few policy phrases are used as frequently—and as loosely—as “strategic project.” In Serbia, the term has become a fixture of...

From statistics to strategy: Why 2026 is the last easy year for policy inertia

Serbia enters 2026 with an economy that still appears manageable. Growth continues, inflation is contained, exports flow, and unemployment remains stable. None of the...

Foreign direct investment into Serbia shows signs of cooling

Data from Serbia’s monetary authorities indicate that foreign direct investment inflows declined sharply compared with the previous year, reflecting broader global tightening in capital markets and...

China consolidates position as one of Serbia’s key trade partners

China has firmly established itself as one of Serbia’s most important trading partners, with bilateral trade continuing to expand across infrastructure, manufacturing, energy, and...

Serbia and Libya prepare economic forum to revive bilateral trade

Serbia and Libya have agreed to organize a Libya–Serbia Economic Forum, signaling renewed intent to rebuild commercial ties that date back to earlier periods of...

Serbian chemical group expands commodities footprint through Syrian phosphate deal

A Serbian industrial group has secured a long-term foothold in the global fertilizer and raw materials market through a phosphate export agreement with Syrian...

Serbia and South Korea launch talks on comprehensive economic partnership

Serbia and South Korea have formally opened negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant deepening of Serbia’s economic diplomacy toward advanced...

Serbia’s export performance, public debt trajectory and economic outlook in late 2025

As Serbia navigates the complex interplay of domestic policy and external economic pressures, recent data indicate a mixed yet cautiously optimistic picture of export...

Serbia’s 2026 government borrowing strategy: Bond issuance, fiscal management and market expectations

Serbia enters 2026 with a clear plan to mobilize substantial financing through sovereign bond markets, aiming to support budgetary requirements, refinance existing obligations, and...

Serbia’s budget deficit widens as fiscal pressures accumulate

By the end of November, Serbia’s consolidated budget deficit reached RSD 72.779 billion, equivalent to approximately €620 million, highlighting growing fiscal strain as the year drew...

Serbia’s public debt climbs toward mid-term fiscal thresholds

Serbia’s public debt trajectory continued its gradual upward movement toward the end of 2025, with total government debt reaching 43.4% of GDP by the end of...

Serbia’s 2025 state finance performance: Fiscal stability under structural pressure

In 2025, the financing side of Serbia’s public finances became as important as the budget balance itself. While the Ministry of Finance maintained formal...

EU money in 2025: Small headline grants, large balance-sheet influence

In 2025, the European Union’s financial presence in Serbia was widely misunderstood. Public debate and even parts of the business community continued to focus...
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