Serbia is investing billions of euros in highways, railways, energy infrastructure and the flagship EXPO 2027 program, yet the country’s leading independent fiscal watchdog argues that...
Serbia’s electricity sector is facing a major competitiveness challenge as the European Union’s Carbon Border Adjustment Mechanism (CBAM) begins reshaping regional power markets. According...
Serbia risks undermining both its energy-transition ambitions and its competitiveness under the European Union’s Carbon Border Adjustment Mechanism (CBAM) unless it develops a concrete...
The Fiscal Council’s analysis of Serbia’s climate–energy transition and public finances is often summarised as a warning about future carbon costs. Read carefully, it...
The Fiscal Council’s recent assessments point to a recurring theme in Serbia’s economic trajectory: growth is repeatedly constrained not by lack of demand, but...
As Serbia enters a period of slowing external demand, turbulent energy markets and rising social pressures, the country’s Fiscal Council has issued one of...
By the end of September, approximately 43.1 billion dinars (around €368.3 million) had been spent from the budget on the construction of the National...
Applying the EU Carbon Border Adjustment Mechanism (CBAM) will cost Serbia’s power sector between 200 and 300 million euros annually from 2026 to 2030,...
Nikola Altiparmakov, a member of Serbia’s Fiscal Council, stated that the unplanned higher pension increase in Serbia will require significant budgetary resources in 2026....
The Government of Serbia has decided to reallocate 11 billion dinars, or approximately 94 million euros, from various state projects to cover expenses that...
Representatives from Serbia's monetary and fiscal authorities agree that the country’s current economic growth model—relying on foreign investments and significant infrastructure projects—has proven successful....
Since 2014, the Republic Statistical Office (RSZ) has significantly revised Serbia's nominal gross domestic product (GDP) three times, leading to an increase of nearly...
The long-awaited Belgrade metro project, which was first promised to the city’s residents decades ago, continues to face delays, with the latest estimates pushing...