Economy
Serbia’s corporate sector enters 2026 flush with liquidity, but investment stays on hold
Serbia’s corporate balance sheets look positioned for expansion—credit growth continues and leverage is moderate—but the investment cycle has not restarted. Instead, companies are borrowing mainly for…
StarTech Grey Book flags Serbia’s next test: scaling innovation into export earnings
Serbia’s innovation policy is shifting from building startups to solving the harder economics of scale, according to the StarTech Grey Book of Innovation 2026. The report…
Montenegro’s strategic oil reserves bill rises to €80m as EU compliance meets volatile markets
Montenegro’s move to create mandatory strategic oil reserves under EU-aligned rules has been repriced by global energy volatility, lifting the projected compliance cost to about €80…
Montenegro’s wage stability is being tested by inflation-driven loss of purchasing power
Montenegro’s latest wage figures suggest nominal pay is holding up, but persistent inflation—especially in essentials like food, housing and energy—is steadily eroding real household purchasing power.…
EDF and EPCG back Kruševo pumped storage as Montenegro reshapes power flexibility
Montenegro’s deepening energy cooperation with France is taking shape around the Kruševo pumped-storage project, positioned less as “hydropower” and more as long-duration flexibility for a renewables-heavy…
Montenegro’s credit growth outpacing real-economy change raises questions for future resilience
Montenegro’s banking indicators point to faster financial deepening, with rising lending, improving profitability and stable deposits. But the real economy—exports, investment patterns and the persistent trade…
Montenegro’s early-2026 indicators: growth holds, but external risks remain the constraint
Early data from 2026 suggests Montenegro is likely to keep its current growth pattern—supported by consumption, investment, easing inflation and rising employment—while export weakness and tourism…
Montenegro’s trade gap is shaped by import dependence, not just export swings
Montenegro’s goods imports fell year-on-year at the start of 2026, but the country still buys heavily across machinery, food, chemicals and industrial inputs. With exports constrained…
Serbia retail sales stabilise in February, with real turnover up 4.6% year-on-year
Serbia’s retail trade turnover rose 4.6% in real terms in February 2026, following a weak January. The rebound points to steadier household demand, though month-to-month results…
Europe tightens ESG disclosure rules as Serbia edges toward ESRS alignment
Europe’s CSRD is expanding ESG reporting to about 50,000 entities and moving disclosures toward standardized, audit-ready data. Serbia remains outside the EU framework, but market demand…