Dušan Vujović

EU asked for more time as steel plant talks continue

BELGRADE -- EU is not yet considering the request of the government of Serbia to be granted additional time to complete negotiations with the U.S. company Esmark.

The negotiations concern the sale of the Zelezara steel plant in the town of Smederevo.

BELGRADE - Serbia's Finance Minister Dusan Vujovic has said that all banks and their clients with savings accounts will have to put some of their money into the Deposit Insurance Fund in the future, adding that the fund will mostly have independent members of the management board.

HELSINKI - Serbian Prime Minister Aleksandar Vucic began a one-day visit to Finland on Monday by taking part in a business forum organised by the Finnish national agency Finpro, which represents 550 Finnish companies.

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 International Monetary Fund (IMF) Board of Directors is due to hold a meeting on February 23, during which it will decide whether to approve an arrangement with Serbia, Tanjug learned at the IMF Office in Belgrade.

Serbia and the IMF reached an agreement on November 20 to sign a three-year precautionary arrangement worth around EUR 1 billion.

"Serbia expects WB support in reform projects"

VIENNA -- Serbia is conducting a three-year fiscal consolidation program and expects support from the World Bank (WB) in a number of reform projects.

This was announced by Serbian Finance Minister Dusan Vujovic on Tuesday, at the Central and Eastern European Forum 2015, a Euromoney conference taking place in Vienna.

VIENNA- Serbia is conducting a three-year fiscal consolidation program and expects support from the World Bank (WB) in a number of reform projects, Serbian Finance Minister Dusan Vujovic said Tuesday at the Central and Eastern European Forum 2015, a Euromoney conference taking place in Vienna.

VIENNA - Serbia may achieve greater growth than the International Monetary Fund's (IMF) program projects, but it depends on the outcome of the privatization of Zelezara Smederevo and other companies, including those on the Privatization Agency's list, Serbia's Finance Minister Dusan Vujovic said Tuesday.

A Greek exit from the eurozone -- or Grexit -- would undermine the model of euro stability, a senior European Bank for Reconstruction and Development (EBRD) official said on Tuesday, but the EBRD does not expect it to happen.

"Esmark will revitalize Zelezara after transaction"

BELGRADE -- Esmark Europe B.V. has been officially notified that it was chosen as the strategic partner in the privatization of the steel mill Zelezara Smederevo.

Esmark's CEO has said that the company's team will focus on revitalziing the Serbian steel maker once the transaction is completed.