Ministry of Finance

BELGRADE - Serbian Interior Minister Nebojsa Stefanovic and Finance Minister Dusan Vujovic signed on Friday an agreement on cooperation between the Ministry of Finance, Customs Administration and the Interior Ministry (MUP) of Serbia, aimed to promote cooperation between these institutions in the fight against corruption and crime.

BELGRADE - The Standard & Poor's (S&P) credit rating agency has affirmed Serbia's BB- credit rating with negative outlook, the Public Debt Administration of the Ministry of Finance announced on Tuesday.

A survey conducted by the Labour Ministry in Montenegro indicates that over 14 per cent of all those working in the country work completely in the black market - which means their employment is not registered in any form or taxed.

Economy and finance ministries to merge again - daily

BELGRADE -- A cabinet reshuffle is "already on the horizon" writes a Belgrade-based daily, adding that ministries of finance and economy will once again be merged into one.

Podgorica on Thursday announcd that it would take over the debts of the Public Broadcasting Service of Montenegro, RTCG, which are worth 2.4 million euros.

The contract will soon be signed by the Minister of Finance, Radoje Zugic and the CEO of RTCG, Rade Vojvodic.

Chief prosecutor of the National Anti-Corruption Directorate (DNA) Laura Codruta Kovesi said on Friday that she is waiting to see the final form of the draft budget that will be referred to Parliament, adding that overnight she received an email on this issue from Finance Ministry representatives.

BELGRADE - Serbia's public debt was EUR 22.21 billion at the end of October this year, or 67.2 percent of GDP, the Ministry of Finance said on Friday.

The public debt's share in GDP grew by 7.6 percent, or around EUR 2 billion, from the start of the year to October, according to the ministry.

The debt rose by EUR 100 million in October alone when compared to the month before.

Premier Victor Ponta reiterated on Wednesday that the 2015 draft budget will be adopted at the December 10 Government meeting, arguing that a "balanced" budget formula can be reached for next year, given the growth of economy and budget revenues.

SUBOTICA - A total of 1,281 farmers in Serbia produced organic products last year - 220 more than in the year before - with 8,228 hectares of land used for that purpose - 1,888 hectares more than in 2012.

Croatia's new Office for Fighting Tax Evasion, which operates within the Croatian Ministry of Finance, has started working on cases of large-scale tax evasion.

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