Aleksandar's Feed
Mar 27, 2013

UAE approves $400 mln loan to Serbia, eyes airline deal

BELGRADE, March 27 (Reuters) – The United Arab Emirates
(UAE) has approved a $400 million loan to Serbia, boosting the
Balkan country’s drive to find investors from outside the
crisis-hit euro zone to help pull it out of recession.

Serbian finance minister Mladjan Dinkic, visiting Abu Dhabi,
said on Wednesday the emirate’s Etihad airline could also become
a strategic partner of Belgrade’s loss-making JAT Airways.

Mar 25, 2013

Serbia, Fiat agree on subsidies for cheaper 500L model – report

BELGRADE, March 25 (Reuters) – Serbia and Italian carmaker
Fiat have agreed on a subsidy deal to produce a cheaper
version of the 500L compact car for the domestic market, a
newspaper reported on Monday.

Under the deal, the Serbian unit of Fiat, based in the
central city of Kragujevac, will produce a version of 500L for
10,900 euro ($14,200) or about 3,000 euro less than its regular
price, the Blic newspaper said, citing Finance Minister Mladjan

Mar 13, 2013

Serbia cranks up production of Fiat’s new 500L cars

KOPAONIK, Serbia, March 13 (Reuters) – The Serbian unit of
Fiat plans to produce between 110,000 and 160,000 of
its new 500L family of compact cars for the Italian firm’s
markets in Europe and the United States this year, a key boost
for Serbian exports, the head of the factory said on Wednesday.

Serbia expects a 25 percent rise in the value of its exports
this year to around 11 billion euros ($14 billion) with the
automotive industry accounting for about 20 percent of the total
including production from the Fiat plant in the central city of

Mar 13, 2013

Serbia targets 25 pct rise in 2013 exports to cut C/A gap – fin min

KOPAONIK, Serbia, March 13 (Reuters) – Serbia expects a 25
percent rise in exports this year that will help it reduce its
current account and trade gap, Finance Minister Mladjan Dinkic
told a business forum on Wednesday.

The European Union candidate country aims to return to
economic growth this year of about 2 percent. It is pinning its
hopes on a joint venture with Italy’s carmaker Fiat as
well as on agriculture and its oil and gas industry.

Feb 28, 2013

Serbia mulls Plan B for steel mill after deadline expires

BELGRADE, Feb 28 (Reuters) – Serbia’s finance minister will
announce a “Plan B” for the country’s sole steel mill, he was
quoted saying on Thursday after the latest deadline for its sale
passed with no offers.

The Serbian state bought the loss-making Zelezara Smederevo
mill back 45 km east of Belgrade from U.S. Steel in late
2011 for $1 to avert its closure and the loss of 5,500 jobs.

Feb 26, 2013

Kosovo’s president says Serbia to disband clandestine security forces

PRISTINA/BELGRADE (Reuters) – Kosovo’s president said on Tuesday that Serbia has agreed to disband a security operation in the north of its former province that Belgrade – racing to clinch EU accession talks – denies exists.

Serbia said no such deal had been done and has denied Western accusations for years that it maintains clandestine security forces in a northern, Serb pocket of neighboring Kosovo, the majority-Albanian territory that broke away in a 1998-99 war and declared independence in 2008.

Feb 20, 2013

Minister accuses Serb opposition of smear campaign over milk

BELGRADE, Feb 20 (Reuters) – Serbia’s agriculture minister
accused the opposition on Wednesday of preying on public health
fears over contaminated milk to try to topple a government
already under pressure over allegations of links between
politicians and the mafia.

The authorities have ordered an unspecified number of
dairies to withdraw their milk from shops pending tests for
aflatoxin, a potentially carcinogenic product of the Aspergillus
fungi species, often found in grains.

Feb 14, 2013

Serbia says it uncovers plot to bring down government plane

BELGRADE (Reuters) – Serbian authorities said they had uncovered a plot by “criminal clans” to bring down a government plane carrying a national leader, in the latest twist to a murky row over the links between mafia and politicians.

In a statement, the Interior Ministry said Prime Minister Ivica Dacic, who is also interior minister, had nevertheless decided to board one of the government’s two planes for his return to Belgrade from Dublin on Thursday evening.

Feb 7, 2013

Serbia tells state power monopoly to restructure or go bust

BELGRADE, Feb 7 (Reuters) – Serbia’s finance minister told
state-run power monopoly EPS on Thursday to restructure or face
bankruptcy, refusing it any financial help and offering only
“moral support”.

EPS is owed 120 billion dinars ($1.46 bln) by customers and
losses last year were 33 billion dinars, mainly because the
company is forced to absorb the cost of subsidised tariffs,
Acting General Manager Aleksandar Obradovic said on Thursday.

Feb 4, 2013

Serb PM says victim of plot to link him to drug barons

BELGRADE (Reuters) – Serbia’s prime minister said on Monday he was the victim of a “cunning and dirty” plot to topple him following a flurry of leaks linking the Socialist leader to a suspected drug trafficker.

Prime Minister Ivica Dacic has denied there was anything untoward in his meetings in 2008 and 2009 with Rodoljub Radulovic, known as Misha Banana.