Aleksandar's Feed
Oct 1, 2012

Serbia considers ban on gay rights parade over violence fears

BELGRADE (Reuters) – Authorities in Serbia are considering banning a gay rights parade and all other public gatherings in Belgrade this weekend, fearing a repeat of violent scenes two years ago when ultranationalists tried to disrupt a similar event.

Prime Minister Ivica Dacic, who also serves as interior minister, said on Monday the planned parade – whose purpose it to call for better and more gay rights in the predominantly Serbian Orthodox Christian society – was a major security risk.

Sep 20, 2012

Serbia to borrow 850 mln euros from China for highways -FinMin

BELGRADE, Sept 20 (Reuters) – The Serbian government will
seek a long-term 850 million euro ($1.11 billion) loan from
China this year to finance two modern highways in a bid to
improve its run-down infrastructure, Finance Minister Mladjan
Dinkic said on Thursday.

The Serbian government has already started talks with
China’s CRBC International Co. on the construction
of two highways with a total length of about 200 kilometres to
better connect central and southwestern regions with the rest of
the country and the E75 pan-European highway, Dinkic said.

Sep 19, 2012

Serb PM rules out spending cuts in rebuff to IMF

BELGRADE (Reuters) – Serbia should seek to stabilise its volatile dinar currency and focus on boosting growth rather than enforcing further spending cuts, Prime Minister Ivica Dacic said on Wednesday, bucking advice last week from a visiting IMF mission.

Dacic’s government, which took power in July, has already been reprimanded by the IMF and the European Union for moves that eroded the independence of Serbia’s central bank and spooked investors, sending the dinar to new lows.

Sep 10, 2012

Serbia utility, RWE eye $2.8 bln joint investments-govt

BELGRADE, Sept 10 (Reuters) – Serbia’s power company and RWE
, Germany’s second largest utility, signed on Monday a
memorandum on joint energy projects while the Serbian government
said these involved investment of 2.2 billion euros ($2.82
billion).

“The declaration of intent covers further development and
enhancement of existing energy generation plants…as well as
planning, construction and operation of new power plants,” RWE
said in a statement after signing the deal.

Sep 10, 2012

Serbia woos IMF with cuts after central bank row

BELGRADE (Reuters) – Cash-strapped Serbia sought to repair damage to its relationship with the IMF and reassure financial markets by offering on Monday to cut its budget deficit target, after rows over broken spending limits and central bank independence.

Serbia’s Socialist-led government, which took power in July, said the 2012 budget deficit revision to 6.7 percent of GDP from 7.1 percent would halt the “dizzying” increase in public debt, which stands at almost 55 percent of gross domestic product.

Sep 7, 2012

Serb central bank chief says IMF fears unfounded

BELGRADE (Reuters) – Serbia’s central bank governor rebuffed suggestions that its independence had been compromised by her appointment from the ranks of the ruling coalition and said concerns voiced by the IMF and EU were unfounded.

A law stepping up government control over the central bank has drawn reprimands from the European Union, which Serbia hopes to join, and the International Monetary Fund, whose help Serbia needs and whose staff are due to visit Belgrade on Monday.

Aug 2, 2012

Serb central bank governor quits, govt faces EU/IMF ire

BELGRADE, Aug 2 (Reuters) – Serbia’s central bank governor
resigned on Thursday over an attempt by the country’s new
Socialist-led government to tighten its control of the bank in
the face of stiff criticism from the European Union and the
International Monetary Fund.

Dejan Soskic quit in the middle of a heated parliamentary
debate over a draft law that the government argues will improve
oversight of the bank, but which the EU says will mark a “step
back” for the former Yugoslav republic’s bid to join the bloc.

Aug 2, 2012

Serb central bank governor quits, government under fire

BELGRADE (Reuters) – The governor of Serbia’s central bank resigned on Thursday, accusing the Balkan country’s new Socialist-led government of threatening the bank’s independence with a draft law that has drawn fire from the European Union and the IMF.

Dejan Soskic quit as lawmakers debated draft legislation that the government argues will improve oversight of the bank but which the EU says will mark a “step back” for the former Yugoslav republic’s bid to join the bloc.

Aug 2, 2012

EU warns Serbia law a threat to cbank independence

BELGRADE (Reuters) – The European Union has told Serbia it risks taking a “step back” on its path to membership of the bloc if lawmakers adopt a draft law being debated on Thursday that would increase government control over the central bank.

In emailed comments to Reuters late on Wednesday, the deputy head of the EU delegation to Serbia, Adriano Martins, said the draft amendments “raise deep concerns as they are likely to jeopardize the principle of independence of the National Bank.”

Aug 2, 2012

EU warns Serbia law a threat to central bank independence

BELGRADE (Reuters) – The European Union has told Serbia it risks taking a “step back” on its path to membership of the bloc if lawmakers adopt a draft law being debated on Thursday that would increase government control over the central bank.

In emailed comments to Reuters late on Wednesday, the deputy head of the EU delegation to Serbia, Adriano Martins, said the draft amendments “raise deep concerns as they are likely to jeopardise the principle of independence of the National Bank.”