International trade

BELGRADE - The National Bank of Serbia (NBS) FX reserves amounted to EUR 10,831.8 million at end-February, covering M1 by 351 percent or more than seven months of imports of goods and services.

KOPAONIK - Scientific Director of the Vienna Institute for International Economic Studies Michael Landesmann noted on Tuesday that the issue Serbia should focus on in the coming period is its vast foreign debt.

BELGRADE - The value of bilateral trade between Serbia and Germany reached a total of EUR 2.78 billion in 2013, which is its highest level in history, announced the Delegation of the German Economy in Serbia, citing the data of the German Federal Ministry of Economic Affairs and Energy.

BELGRADE - Minister without Portfolio in charge of EU integration Branko Ruzic announced on Tuesday that over the next seven years Serbia will participate in two transnational programs.

BELGRADE - The National Bank of Serbia (NBS) foreign exchange (FX) reserves amounted to EUR 11,126.4 million at end-January, covering M1 by 359 percent or more than seven months of imports of goods and services.