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macroeconomic cycle

Expo 2027 turns Serbia’s macro outlook into an execution test

Expo 2027 is no longer just an event in Serbia’s development calendar. It has become part of the country’s macroeconomic assumptions, investment story and sovereign-credit narrative....

Banks, sovereign finance and electricity markets push Serbia into a new economic cycle

Serbia’s financial system entered a more complicated macroeconomic phase during CW21 as energy-market volatility, slowing European growth, sovereign financing pressures and electricity-market restructuring increasingly...

Serbia’s Central Bank signals transition into a more complex economic cycle

The National Bank of Serbia’s latest quarterly macroeconomic and inflation assessment for early 2026 reveals an economy entering a far more delicate balancing phase...

Serbia’s economy enters a managed slowdown in early 2026 as investment model faces new constraints

Serbia began 2026 with a set of macroeconomic indicators that, taken individually, suggest stability. Inflation has returned to target range, fiscal policy remains broadly contained, and...

Current account surplus strengthens as FDI collapse signals capital cycle shift

Serbia’s external accounts in early 2026 present one of the most analytically revealing developments in its current macroeconomic cycle. On the surface, the country...
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