Policy & State
Serbia student protests broaden into healthcare reform and university autonomy push
Serbia’s long-running student protest movement, sparked by corruption concerns after the Novi Sad railway station canopy collapse, has widened into demands for healthcare reform and greater…
Serbia’s beneficial ownership registry faces credibility test as exemptions blur ultimate control
Serbia’s beneficial ownership registry is drawing fresh criticism after Biznis i finansije said the country’s law contains inconsistencies and has not achieved promised transparency. The concern…
Serbia’s 2026 rule tightening: e-invoicing, labour costs and EU alignment reshape corporate risk
In the first quarter of 2026, Serbia moved from flexibility toward real-time compliance, led by deeper VAT integration with e-invoicing and expanded trade, consumer and corporate…
Serbia’s early-2026 slowdown looks managed, but financing and external risks are tightening
Serbia started 2026 with inflation back in the National Bank of Serbia’s target range and a broadly contained fiscal stance, but growth has cooled to about…
Serbia’s debt mix tilts toward banks, raising the price of funding
Serbia’s public debt remains below key fiscal benchmarks, but its financing structure has shifted sharply. Borrowing from commercial banks has surged since 2022 while dinar bond…
Serbia’s EU integration risk: the real economic bill goes beyond Growth Plan money
Analysts say Serbia’s exposure to the EU is increasingly about the integration process itself, not just the €1.6 billion earmarked under the EU Growth Plan. Any…
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 balancing act: how strategic neutrality is reshaping its energy and investment outlook
Serbia’s policy of strategic neutrality—maintaining ties with both Washington and Moscow—has become a central driver of its energy diversification, grid upgrades, and renewable investment plans. For…
Serbia’s balancing act between Brussels and Beijing tests how durable its growth model is
Serbia is combining EU-oriented reforms with large-scale Chinese investment to sustain growth, but its competitiveness increasingly hinges on meeting EU carbon rules and managing the risks…