International trade

Serbia now ranks 94th on competitiveness list

BELGRADE -- Serbia has risen seven spots on the World Economic Forum's global competitiveness list for 2014 and is now 94th among 144.

This is according to the Foundation for the Advancement of Economics, the Beta news agency reported.

By Dimitra Manifava

Greece climbed 10 spots this year in the World Economic Forum’s competitiveness chart, which was published on Wednesday. However, the country remains constrained by corruption in public administration, a lack of transparency and the inefficiency of the state, according to the Global Competitiveness Report.

BELGRADE - The dinar has again dropped by 0.1 percent against the euro on Wednesday, setting the official middle exchange rate at RSD 118.0728, the National Bank of Serbia (NBS) stated in a release.

Exchange rate exceeds RSD 118 for one EUR

BELGRADE -- The Serbian dinar (RSD) has again dropped by 0.1 percent against the euro (EUR) on Wednesday, setting the official middle exchange rate at RSD 118.0728.

Another low for Serbian currency this year

BELGRADE -- The Serbian dinar (RSD) dropped 0.1 percent against the euro (EUR) on Tuesday, setting the official middle exchange rate at RSD 117.9514 for one euro.

Power distributor EVN has submitted a tariff update request with Bulgaria's State Commission for Energy and Water Regulation (DKEVR), seeking a 17.9% price increase as of October 1, 2014.

BELGRADE - The Serbian dinar dropped 0.1 percent against the euro on Tuesday, setting the official middle exchange rate at RSD 117.9514 for one euro, the National Bank of Serbia (NBS) said in a release.

The EU may file legal action the World Trade Organization (WTO) over the Russian food embargo, according to EU Trade Commissioner Karel de Gucht.

De Gucht said in an interview for German newspaper Frankfurter Algemeine Zeitung that the complaint was being prepared and it could be filed in mid-September, adding that no final decision had been made on the step.

Interview: Rasim Ljajić, Minister of Trade Serbia Will Not Earn with EU Sanctions Placed on Russia

Serbia "won't profit from EU sanctions"

BELGRADE -- Serbia's decision to respect the will of the EU regarding exports to Russia will not have a dramatic effect on the economy, Trade Minister Rasim Ljajić said.