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Serbia’s 1Q 2026 outlook: structural external risks, energy pressures and export concentration
In the first quarter of 2026, Serbia’s economic environment is being shaped by external risks that are increasingly structural rather than cyclical—especially weakness in Germany’s industrial…
Evropa: potrošnja električne energije pada u većini zemalja dok temperature rastu, a praznici pritiskaju potražnju
U nedelji od 20. aprila potrošnja električne energije opala je u većini velikih evropskih tržišta, prednjačeći padom u Ujedinjenom Kraljevstvu. Iako su temperature uglavnom porasle, prognoze…
Serbia’s 1Q 2026 fiscal shift: faster spending growth widens deficits and tightens financing
In the first quarter of 2026, Serbia moved decisively toward expansionary fiscal policy as expenditures accelerated far faster than revenues. The result is a widening deficit—paired…
Solarni rekordi guraju rast u Evropi, ali vetar ostaje neujednačen: šta to znači za stabilnost snabdevanja
U sedmici od 20. aprila solarna fotonaponska proizvodnja porasla je u većem delu Evrope i na više tržišta postavila rekorde za april, dok su se trendovi…
Serbia’s 1Q 2026 current account surplus masks a weaker capital inflow picture
Serbia posted a January and first-quarter current account improvement, but the financial account deteriorated sharply with net capital outflows and falling FDI. The result is external…
Geopolitics lifts European oil and gas prices in late April as EU carbon futures soften
Brent front-month crude climbed from a Monday low of $95.48/bbl to a Friday peak of $105.33/bbl, while European gas benchmarks also rose on Strait of Hormuz-related…
Serbia’s 2026 growth picture: macro stability, but a state-led model faces structural tests
Serbia is exiting the post-pandemic inflation shock and is forecast to grow at a moderate pace in 2026, supported mainly by public investment. But weak industrial…
European power prices ease in late April as demand softens and renewables lift supply
Across most major European electricity markets, weekly prices fell in the fourth week of April as lower demand and stronger wind and solar output weighed on…
Serbia’s 2026 fiscal outlook: stability on the surface, structural pressures underneath
Serbia’s 2026 revenue picture is broadly steady as inflation and consumption remain supportive, but monthly swings and a more investment-heavy budget highlight growing sensitivity to industrial…
Europe power demand slips week-on-week as warmer weather and May Day holidays curb consumption
Electricity demand fell across most major European markets during the week of April 20, led by the UK’s 5.9% drop. Forecasts for the week of April…