Ministry of Finance

As a part of budget rebalance, Croatian Ministry of Finance is planning to cut some of salary supplements in the public sector.

Government is seeking a way to cover their budget deficit which will probably reach more than 2 billion euro or 4.8 per cent of annual GDP, which is 0.2 per cent more than envisaged in talks with the European Commission.

Montenegro's Ministry of Finance said it is considering new measures to help the poorest segment of the population, including a write-off of debts.

"Fiat biggest exporter with nearly EUR 1 billion"

BELGRADE -- Serbia’s biggest exporter in the first seven months of this year was Kragujevac-based company Fiat Automobili Srbija (Fiat Automobiles Serbia, FAS).

They exported cars worth EUR 921.6 million, according to the Serbian Ministry of Finance.

BELGRADE – Serbia’s biggest exporter in the first seven months of this year was Kragujevac-based company Fiat Automobili Srbija (FAS), with a total of EUR 921.6 million worth of exports, according to the Serbian Ministry of Finance.

BELGRADE - Serbia had a budget deficit of RSD 109.8 billion in the first half of 2014, and July saw the first budget surplus this year, of RSD 6.9 billion, thanks to a strong budget performance when it comes to revenues and expenditures made, the Ministry of Finance said in a release on Monday.

July sees first budget surplus in 2014

BELGRADE -- Serbia had a budget deficit of RSD 109.8 billion in the first half of 2014, and July saw the first budget surplus this year, of RSD 6.9 billion.

It came "thanks to a strong budget performance when it comes to revenues and expenditures made," the Ministry of Finance said on Monday.

Interim Finance Minister Rumen Porozhanov has voiced concerns that the current account deficit could reach 3 percent in 2014.

Under the State Budget of the Republic of Bulgaria Act the deficit is projected at 1.8% for the year, after the previous Parliament failed to pass an update to the fiscal plan proposed by Plamen Oresharski's cabinet.

Banks in Serbia will send client data to U.S. authorities

BELGRADE -- Commercial banks in Serbia have started requesting from their clients to allow their account information to be provided to U.S. tax authorities.

BELGRADE - Commercial banks in Serbia have started requesting from their clients to allow their account information to be provided to the US tax authorities, which will soon become an obligation stemming from an international agreement expected to be adopted soon, the National Bank of Serbia (NBS) said on Monday.

BELGRADE - The EUR 80 million due from the IPA funds can also be used to rebuild flooded houses, while the money from the Solidarity Fund will be used for infrastructural projects, Serbian Minister without portfolio for European Integrations Jadranka Joksimovic said on Thursday.