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macroeconomic framework

Serbia’s economy enters 2026 with stronger balance sheets but a weaker industrial pulse

Serbia entered 2026 with an unusual macroeconomic mix: stronger public and external buffers, lower inflation, an investment-grade sovereign rating, resilient wages and banking-sector liquidity, but also...

Domestic stability holds but becomes increasingly externally dependent

Serbia’s macroeconomic framework remains stable on the surface, supported by prudent fiscal management and a relatively conservative monetary policy stance. Public debt levels are...
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