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    Economy
May 26, 2004

There can be no state without good public finance management, Finance Minister says

March 1 - Serbian Minister of Finance and Economy Bozidar Djelic said that the Ministry has spent the past three years trying to reform public finance, stressing that there can be no state without good public finance management
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  Economy  

Serbia could become the driving force behind economic development in the Balkans

Feb 27 - Serbian Minister of Privatisation and Economy Aleksandar Vlahovic said that Serbia can become the driving force behind the economic development in the Balkans if it is ready to recognise and adopt market economy standards and relentlessly continue to implement economic reforms


Private sector takes over Serbia's economy

Feb 27 - Privatised companies in Serbia employ some 360,000 workers, putting the number of Serbia's private sector employees at around 760,000, Serbian Privatisation Agency Director Mirko Cvetkovic said at a round table meeting on Thursday, stressing that the private sector has taken over the country's economy


Serbia's retail prices up 0.9 percent in February

Feb 27 - Serbia's retail prices in January inched up 0.9 percent from a month earlier, with goods going up by 0.3 percent and prices of services by 0.7 percent, the Serbian Statistics Office said in a statement Friday


Privatisation Agency auctions 10 companies for 178.8 million dinars

Feb 26 - The Serbian Privatisation Agency sold ten socially-owned companies at a public auction on Thursday, raising revenues of 178.8 million dinars


EU to provide €1.5 million for Turn Around Management Programme in Serbia

Feb 25 - The European Union said it will set aside €1.5 million to finance the European Bank for Reconstruction and Development (EBRD) Turn Around Management (TAM) Programme in Serbia which aims to help 25 potentially viable companies modernise operation


Serbia's budget services 2003 debt in full

Feb 24 - Serbian Minister of Finance and Economy Bozidar Djelic told the Serbian parliament's finance board on Monday that all of Serbia's internal and external debts for the year 2003 were serviced full and in a timely manner


January 2004 average salary reaches 17,500 dinars

Belgrade, Jan 23, 2004 - Serbia's average monthly gross salary in January 2003 declined 16.58 percent in nominal terms and 17.08 percent in real terms from a month earlier, to 17,498 dinars, the Serbian Statistics Office said in a statement


Six companies auctioned off for 255.2 million dinars

Feb 19 - The Serbian Privatisation Agency sold six socially-owned companies at a public auction on Thursday, raising revenues of 255.2 million dinars


Mitros tender fails

Feb 17 - A tender for the sale of Sremska Mitrovica-based Mitros was declared unsuccessful on Tuesday, since the sole bidder, a consortium of Pro Bekom, Krmivo Produkt, and C Market, had failed to submit required guarantees to the Serbian Privatisation Agency


 

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