News archive of September 2024

Hatzidakis: Stable GDP growth

The Medium Term Structural Fiscal Plan 2025-2028 is presented by the Minister of National Economy and Finance Kostis Hatzidakis along with Deputy Minister Thanos Petralia.

Tourist visits in Serbia up by 2.0 pct y-o-y in August

BELGRADE - Serbia registered 2.0 pct more tourist visits in August 2024 relative to the same month of last year and the number of overnight stays was down by 5.2 pct y-o-y, according to figures released by the national statistical office.

Overnight stays by Serbian tourists were down by 15.1 pct y-o-y, while those generated by foreign tourists were up by 10.6 pct y-o-y.

Russia Boosts Defense Spending by 23%

Russian state expenditure on national defense is set to rise by 23% in 2025, reaching 13.5 trillion roubles (145.32 billion dollars), up from 10.8 trillion roubles in 2024, according to draft budget documents released on Monday. This increase will make defense spending account for 32% of the total budget expenditure, which is projected to be 41.5 trillion roubles.

Israel Informs U.S. of Planned “Limited-Scale” Ground Operation in Lebanon

Israel has informed the U.S. that it plans to conduct a limited-scale ground operation in Lebanon that could begin imminently, an American official told the Washington Post.

The planned operation will be smaller in scale compared to Israel’s last war against Hezbollah in 2006, the official emphasized.

Motor Oil fined €9.2 mln for obstructing competition inspectors

Competition inspectors have fined the Motor Oil refinery 9.2 million euros and an employee €50,000 for obstructing an on-site inspection.

In a statement, the Hellenic Competition Commission said it had imposed the fines "after taking into consideration the particular seriousness of the related behavior, the disdain and their repercussion on the investigation taking place."

Ristic meets with EBRD's Colangeli

BELGRADE - Serbian Minister of Information and Telecommunications Dejan Ristic met with the EBRD Director for the Western Balkans Matteo Colangeli in Belgrade on Monday.

The parties said successful implementation of joint projects would be continued.

Bodies of Ukrainian tourists recovered from sea off Corfu

Rescuers have retrieved the bodies of a woman and her daughter from the sea off northern Corfu.

The 52-year-old mother and the 32 year-old daughter were holidaymakers from Ukraine, according to state broadcaster ERT.

Coast guard and firefighters participated in the operation in the sea off Sidari.

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