Blog
Serbia’s joint drone production deal with Elbit signals a shift from buying weapons to building an industrial base
Serbia’s planned joint combat drone production with Israel’s Elbit Systems marks a move away from import-led modernization toward localized manufacturing and technology transfer, with the Israeli…
Serbia’s EU funding warning raises the stakes for sovereign risk and capital access
Brussels has warned Serbia it could lose access to up to €1.5 billion in EU funding, a shift that ties financing conditions more directly to political…
Serbia’s SME engine: employment and innovation at the center, financing and structural pressures in the background
Small and medium-sized enterprises underpin Serbia’s jobs, value creation and turnover, but they face tighter selectivity in credit, compliance costs as EU standards converge, and persistent…
Serbia’s services-led economy grows as a buffer against industrial and trade volatility
Services have become the mainstay of Serbia’s economy, expanding across both traditional sectors and fast-growing digital activities. The shift is strengthening resilience by cushioning swings in…
Serbia’s trade model in transition as EU dependence meets diversification pressure
Serbia’s exports remain more than 60% focused on EU markets, but rising compliance costs from EU-linked carbon rules are forcing a rethink. At the same time,…
Serbia leans on infrastructure to drive growth in 2026, but execution risks are rising
In 2026, Serbia has shifted toward infrastructure as its main growth engine, with public capex reaching 6.9% of GDP and projects spanning transport, energy and Expo…
Serbia’s banks look stable, but credit is getting pickier as external risks reshape lending
Serbia’s banking system in 2026 shows strong buffers—non-performing loans at a historic low, contained inflation and ample foreign-exchange reserves. But lending growth is shifting toward a…
Montenegro’s SEPA rollout shows rapid fee compression and shifting payment habits
Six months into SEPA implementation, Montenegro has processed more than €1.6 billion in transactions and delivered about €3.8 million in direct savings, driven by a move…
Montenegro bets on lifestyle, luxury real estate and EU-linked policy to draw capital
Montenegro is repositioning its economy away from traditional industrial development toward a lifestyle-led model that blends luxury real estate, high-end tourism, favorable taxation and external capital…
Montenegro’s stability hinges on external capital as investor mix and geopolitics reshape economic risk
Montenegro’s economy is structurally dependent on foreign inflows—especially FDI tied to real estate and tourism—meaning geopolitical shifts and investor sentiment can quickly alter liquidity, growth and…