Real versus nominal value

BELGRADE - Serbia adopted a new methodology of national accounts ESA 2010, based on which the gross domestic product (GDP) in 2013 increased by 2.6 percent in real terms and by 8.2 percent in nominal terms compared to the year before, the Serbian statistical office released on Friday.

BELGRADE - The average net salary in Serbia in August 2014 amounted to RSD 45.610, and compared to the average net salary paid in July 2014, it went up by 0.9 percent in nominal terms and 1.1 percent in real terms, the Statistical Office of the Republic of Serbia said in a release.

The gross average wage will be 5.2 percent higher in 2014, on a 2013 basis, according to the forecast used for the budget review; the figure is significantly higher than the end-2014 inflation forecast of the National Bank of Romania (BNR, the central bank), the Ministry of Public Finance mentioned in a release answering media reports on lower wages this year.

BELGRADE - The average net salary paid in Serbia in June 2014 amounted to RSD 44,883, which is higher by 1.6 percent in nominal and by 1.5 percent in real terms compared to May, the Statistical Office of the Republic of Serbia released on Friday.

Average net salary in April under EUR 400

BELGRADE -- The average monthly net salary in Serbia in April 2014 stood at RSD 45,847 - which on May 26 amounted to EUR 396.

The figure is an increase of 5.7 percent in nominal terms and 5.1 percent in real terms against March, the Statistical Office of the Republic of Serbia said on Monday.

BELGRADE - The average net salary in Serbia paid in April 2014 amounted to RSD 45,847, an increase of 5.7 percent in nominal terms and 5.1 percent in real terms against March, the Statistical Office of the Republic of Serbia said in a release on Monday.

Average Serbian monthly salary in March EUR 375

BELGRADE -- Average net salary paid in Serbia in March amounted to RSD 43,452 (EUR 375) - down by 1.4 percent in nominal and 1.1 percent in real terms compared to February.

This was announced on Friday by the Statistical Office of Serbia.

BELGRADE - Average net salary paid in Serbia in March 2014 amounted to RSD 43,452 - down by 1.4 per cent in nominal terms and 1.1 per cent in real terms compared to February, Statistical Office of Serbia released on Friday.

The average net salary in March this year went up by 4.2 per cent in nominal terms and 1.9 per cent in real terms year-on-year.

The countdown for Eurobank’s share capital increase started on Friday with a board meeting that decided to call an extraordinary general meeting for next Saturday, April 12.

The main subject of the meeting will be the 3-billion-euro capital increase and its approval is a mere formality given that 95 percent of shares belong to the HFSF bank rescue fund.

By Vangelis Mandravelis

The government is just one step away from selling the company that will develop and operate the old Athens airport site at Elliniko, as Lamda Development tabled on Wednesday an improved offer of 915 million euros in nominal value for Elliniko SA to state privatization fund TAIPED.