Ministry of Finance

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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An Albanian Ministry of Finance spokesperson told BIRN that a new lottery, aimed at tackling tax evasion, will be "launched officially in April 2015".

Bulgaria's Ministry of Finance reopened for the 4th time this year the 5 year issue of Government Securities (GS) with nominal value BGN 55 million, issued on 22 January 2014 and with maturity 22 January 2019.

BELGRADE- Serbia's has joined a unique system for insurance against natural disasters as cofounder of the regional reinsurance company "Europe RE", whić began its operations in Serbia on Thursday including Albania and Macedonia among its shareholders.

Serbia invested a total USD 5 million in establishing of the "Europe RE" with headquarters in Switzerland.

BELGRADE - A budget revision proposal, which should be in the Serbian parliament by the end of this month, will contain part of the planned reform measures, Secretary of State at the Serbian Ministry of Finance Nenad Mijailovic said on Thursday, adding that intensive talks were being led with the International Monetary Fund (IMF) about it.

Bulgarian President Rosen Plevneliev called the gaps in the current state budget a product of "deliberate" mistakes.