Kolubara

EBRD: Flood damage to Serbia EUR 1.5-2 billion

LONDON - The devastating floods in Serbia and Bosnia and Herzegovina have already damaged their economies and will hit growth and inflation in the future as well, believes the European Bank for Reconstruction and Development (EBRD), adding that some very rough preliminary estimates put the damage in Serbia at around EUR 1.5-2 billion.

Vucic: Four-pronged recovery to follow

BELGRADE - Serbian Prime Minister Aleksandar Vucic stated on Wednesday that Serbia will have a four-pronged approach to the country's recovery and damage repair including the electric power system, road infrastructure, repair of houses and encouraging economic growth.

Vucic told a news briefing that the Serbian electric power system suffered the greatest damage in the floods.

Serbia Battles to Save Power Plant From Floods

Workers of the Nikola Tesla A power plant have gathered with volunteers and colleagues from the state power giant EPS in Obrenovac, southwest of Belgrade, to build an additional bulwark around the plant and protect it from potential flooding.

"We are not tired and we will work as long as necessary," one of the workers said.

Serbia Floods Interrupt Free Flow of News

Creators of the Serbian blog Druga Strana, which published critical posts on the Serbian state's handling of the flooding, were forced to shut it down on Tuesday after repeat attacks on the site.

"The site has been under heavy attack so we decided to shut it down in order not to compromise other sites on the server," Nenad Milosavljevic said.

Pages