Kopaonik

MT KOPAONIK - Indermit Gill, chief economist of the World Bank Group and senior vice president for development economics, said on Monday 2023 could be the third-worst non-recession year since 1990 but that Serbia had done very well to maintain macroeconomic stability.

MT KOPAONIK - February macroeconomic projections in Serbia indicate improvement in all segments and end-year inflation should be two times lower than at the beginning of 2023, National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic said on Monday.

MT KOPAONIK - The 30th Kopaonik Business Forum, hosted by the Serbian Association of Economists (SES), opened on Monday.

Speaking about key achievements since last year's forum, SES President Aleksandar Vlahovic said the performance of Western Balkan economies in 2022 had been significantly poorer compared to 2021.

Maintaining the macroeconomic stability and fully implementing the reforms required to tackle the basic structural deficiencies of the Serbian economy will be the main challenge for the economic policy, says Sebastian Sosa, head of the IMF Office in Serbia.

It can be said that it came as a surprise to tourists, who have been dispatching selfies with snow from Kopaonik to friends and family since the morning.

MT KOPAONIK - The 25th Jubilee Kopaonik Business Forum has demonstrated that good macroeconomic conditions need to be transformed into sustainable growth and that there will be no major growth without a higher level of investments, Aleksandar Vlahovic, president of the Serbian Association of Economists, said Wednesday.

MT KOPAONIK - A potential government reshuffle is an open topic, and if one does take place, it will be based on the ministers' work results - or absence thereof, Serbian PM Ana Brnabic said on Wednesday.

MT KOPAONIK - An investment-based economy is no longer sufficient for Serbia - it needs an innovation-based economy, PM Ana Brnabic said Wednesday.

The government will continue reforms and accelerate economic growth, she said at the closing of the Kopaonik Business Forum.

Brnabic: Digitisation, growth, progress towards EU are priorities

MT KOPAONIK - State-owned companies that are unable to settle their liabilities must go into bankruptcy if no one is interested in buying them, says Fiscal Council member Vladimir Vuckovic.

"The Nitrogen Plant owes money to Srbijagas for gas, and that is about 2-3 bln of new debt a year," Vuckovic said at the Kopaonik Business Forum.

Instead it needs an economy based on innovation and announced a faster economic growth of the country, Brnabic said on Wednesday at the closing of the Kopaonik Business Forum.