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Srbijagas reports lower revenue but higher profit and rising debt in 2025

Serbia’s state-owned gas company Srbijagas posted lower revenues but improved profitability in 2025, while its debt position continued to expand, reflecting a shift in...

Debt, deficit and discipline: Can Serbia balance ambition with reality?

Serbia’s economy today lives between aspiration and limitation. On one hand, there is reform language, infrastructure ambition, industrial plans, social expectations and European integration...

Serbia faces nearly €2.4 billion new debt amid economic uncertainty and secret loan costs

Tomorrow, two parliamentary committees in Serbia will hold sessions to discuss key issues. One committee will review candidates for the new Regulatory Body for...

Air Serbia’s fleet expansion masked by debt and government spending

Despite claims by Serbian Finance Minister Siniša Mali that Air Serbia acquired new aircraft in 2024, official documents reveal the national airline purchased three...

Belgrade leads in local government debt as total reaches 42 billion dinars

As of February 28, 2025, the total debt of local government units in Serbia stands at 42 billion dinars, which is approximately 0.4 percent...

Serbia plans new debt issuance of 120 billion dinars to finance budget deficit and environmental projects

Serbia plans to take on new debt amounting to 120 billion dinars, approximately 1.02 billion euros. These are long-term dinar-denominated securities that will be...

Serbia’s ambitious borrowing plans: A billion-euro debt strategy

The Serbian government has utilized the scorching days of July to introduce a series of bills in parliament, aiming to secure over one billion...

Telekom Srbija’s debt and controversial deal with EPS

"Telekom Srbija" has accrued significant debt to Elektroprivreda Srbije, amounting to millions of euros, yet it has recently secured a contract with the state-owned...

Inflation next year 4.9 percent, debt servicing rate 12.3 percent

The projection is that next year's inflation will average 4.9 percent compared to this year's average, which will bring us closer to what we...

The BIO4 campus will cost 413 million euros, the state is already in debt

Serbia and the Development Bank of the Council of Europe (CEB) signed a framework agreement on a loan of 200 million euros for the...

The state sold bonds, another debt of EUR 43 million

Serbia handed over twelve-year government bonds (September 5th) for EUR 43 million. The bonds mature on August 20th, 2032, and the coupon rate is...

With the surplus in the budget for 2023, the deficit and debt should be reduced, and pensions and salaries should be increased

The increased revenues in the state coffers should have been used by the rebalancing of the budget of Serbia for 2023 to reduce the...

Serbia’s debt to China has increased 12 times in the last 10 years

Serbia's debt to China has increased 12 times in the last 10 years, from 305 million euros to 3.7 billion. Most of the debt...

Serbian budget deficit from January to April better than expected

The budget deficit of Serbia from January to the end of April this year was 34 billion dinars, which is 55.7 billion better than...
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