Aleksandar's Feed
Mar 13, 2014

EU moves toward sanctions on Russians; Obama meets Ukraine PM

BRUSSELS/SIMFEROPOL, Ukraine (Reuters) – The European Union agreed on a framework on Wednesday for its first sanctions on Russia since the Cold War, a stronger response to the Ukraine crisis than many expected and a mark of solidarity with Washington in the drive to make Moscow pay for seizing Crimea.

U.S. President Barack Obama warned Russia it faced costs from the West unless it changed course in Ukraine, and pledged to “stand with Ukraine” as he met with the country’s new prime minister in Washington.

Mar 12, 2014

EU moves towards travel bans, asset freezes for Russians

BRUSSELS/SIMFEROPOL, Ukraine (Reuters) – The EU agreed a framework on Thursday for its first sanctions on Russia since the Cold War, a stronger response to the Ukraine crisis than many had expected and a mark of solidarity with Washington in the effort to make Moscow pay for seizing Crimea.

The EU sanctions, outlined in a document seen by Reuters, would slap travel bans and asset freezes on an as-yet-undecided list of people and firms accused by Brussels of violating the territorial integrity of Ukraine.

Feb 13, 2014

Serbia keeps rates on hold with dinar under pressure

BELGRADE, Feb 13 (Reuters) – Serbia’s central bank kept its
benchmark interest rate on hold for a second straight month on
Thursday with the dinar under pressure pending a March 16
election that investors hope will spur an economic overhaul.

The decision was in line with the results of a Reuters poll
in which 10 out of 14 traders and dealers predicted the
rate would stay at 9.5 percent. Four expected a cut
of 25 basis points.

Feb 5, 2014

For migrant workers, Olympic dream turns to nightmare in Sochi

BELGRADE/BILECA (Reuters) – When Sasa Matic was offered a job on a building site in Sochi, he suspected it was too good to be true.

Yet he and scores of others from Serbia and Bosnia heeded the siren call of Russia’s 2014 Winter Olympics, seduced by the prospect of earning more in two months than most Serbs or Bosnians pocket in a year.

Feb 5, 2014

Olympics-For migrant workers, Olympic dream turns to nightmare in Sochi

BELGRADE/BILECA, Feb 5 (Reuters) – When Sasa Matic was offered a job on a building site in Sochi, he suspected it was too good to be true.

Yet he and scores of others from Serbia and Bosnia heeded the siren call of Russia’s 2014 Winter Olympics, seduced by the prospect of earning more in two months than most Serbs or Bosnians pocket in a year.

Jan 28, 2014

Serbian government asks president to call early election

BELGRADE, Jan 28 (Reuters) – Serbia’s coalition government
asked President Tomislav Nikolic on Tuesday to dissolve
parliament and call an early election, after the centre-right
SNS party called at the weekend for a stronger mandate to
accelerate economic reforms.

Nikolic is expected to call the parliamentary election for
mid-March, just under two years since Serbs last voted.

Jan 26, 2014

Serbian ruling party agrees to seek early election

BELGRADE (Reuters) – The leadership of Serbia’s dominant Serbian Progressive Party (SNS) agreed on Sunday to seek an early parliamentary election, aiming to capitalise on a surge in popularity to cement its grip on power and push through economic reforms.

After a meeting in Belgrade, SNS leader and Deputy Prime Minister Aleksandar Vucic told reporters the party’s presidency had endorsed his proposal.

Jan 25, 2014

Serbian economy minister resigns, election looms

BELGRADE, Jan 25 (Reuters) – Serbia’s economy minister
resigned on Saturday in a row over the pace of much-needed
structural reforms, fuelling expectations of a snap
parliamentary election in March.

The news broke as the ruling coalition’s largest party, the
centre-right Serbian Progressive Party (SNS), met to decide
whether or not to force an early election and cash in on the
party’s high poll numbers.

Jan 22, 2014

Serbia’s largest party eyes early election

BELGRADE (Reuters) – Serbia’s powerful deputy prime minister said on Wednesday his party was ready in the event of an early parliamentary election, fuelling speculation he plans to bring down the government within days.

The center-right Serbian Progressive Party (SNS) of Aleksandar Vucic, the biggest party in Serbia’s ruling coalition, is expected to decide by the end of the week whether to seek a snap election and cash in on high opinion poll ratings to try for a stronger mandate after just 17 months in power.

Jan 17, 2014

Serbia downgrade may fuel calls for election

BELGRADE, Jan 17 (Reuters) – Serbia’s Finance Ministry said
on Friday it would insist on the implementation and broadening
of economic reforms, responding to a ratings downgrade by Fitch
that will feed into calls by some in the government for a snap
parliamentary election.

The agency said it had cut Serbia’s long-term local and
foreign currency ratings from BB- to B+ with stable outlook,
citing a rise in the country’s consolidated budget deficit to
7.1 percent of output and delays to much-needed reforms.