Tag Archives: macroeconomic framework
Serbia’s macroeconomic stability looks intact, but external shocks are rising in importance
Serbia’s fiscal discipline, conservative monetary stance and well-capitalized banking system keep the macro picture steady. But the country’s equilibrium is increasingly tied to capital inflows, export…
Euro adoption leaves Montenegro with fewer levers as growth depends on outside forces
Montenegro’s unilateral use of the euro has helped keep inflation and borrowing costs contained, but new early-2026 indicators also underline how little room the country has…