NBS: External debt lower by EUR 0.5 million since year start
BELGRADE -- Serbia's external debt in July 2014 totalled EUR 25.25 billion, the National Bank of Serbia (NBS) released.
Serbia's external debt in July 2014 totaled EUR 25.25 billion, which is by more than EUR 0.5 million less than the figure recorded in December 2013, the National Bank of Serbia (NBS) released.
The latest NBS Statistical Bulletin notes that the private sector totaled EUR 12.22 billion, while the debt of the public sector added up to EUR 12.88 billion.
According to the NBS data, the debt of the private sector dropped by nearly EUR 1 billion, from EUR 13.16 billion to EUR 12.22 billion in the period from the beginning of the year until July. At the same time, the debt of the public sector increased from EUR 9.18 billion to 9.42 billion, by around EUR 240 million.
The latest NBS data show that the government and enterprises mostly take out loans with mid-term and long-term maturity date and the total sum of the mid- and long-term debt added up to EUR 25.08 billion in July, while the short-term debt in the same month totaled around EUR 0.147 billion.
The debt on grounds of Eurobond issue totaled EUR 3.91 billion in July, while the debt toward the London Club added up to EUR 0.28 billion.
The debt of the Serbian Government and enterprises to international financial organisations totaled EUR 7.28 billion in July, while their debt toward governments and government agencies added up to EUR 3.11 billion.
Serbia's total foreign currency reserves added up to EUR 12.17 billion in August 2014, which is by around EUR 1 billion more than in the previous month when the figure totalled EUR 11.16 billion, the National Bank of Serbia (NBS) released.
The latest NBS Statistical Bulletin states that the NBS foreign currency reserves totalled EUR 10.94 billion, while foreign currency reserves of other banks added up to EUR 1.22 billion.
The total foreign currency reserves thus exceeded the sum recorded in December 2013 by around EUR 70 million.
In December 2013, total foreign currency reserves added up to EUR 12.10 billion, with NBS foreign currency reserves totaling EUR 11.18 billion and other banks' reserves at EUR 0.91 billion.
Tuesday 30.09.2014 | 10:07 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- Five percent of Serbia's police force is on strike, the Minister of Interior, Nebojsa Stefanovic, said on Monday.
Monday 29.09.2014 | 16:58 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- The Serbian government adopted a decision to set the minimum labour cost at RSD 121 per work hour in Serbia in 2015.
Friday 26.09.2014 | 09:54 | Source: Tanjug | Comments: (2) | Send comment
BELGRADE -- Lawyers of Serbia announced during the protest in front of the Palace of Justice that they would continue with the strike until their requests are met.
Friday 26.09.2014 | 09:46 | Source: Tanjug | Comments: (0) | Send comment
The Serbian government on Thursday suspended the Bar Association of Serbia’s instructions ordering lawyers to go on strike under threat of disciplinary action.
Friday 26.09.2014 | 09:36 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- ''A cut in the number of public sector employees is almost certain, and it can total 10 to 15 percent in the next two years''
Wednesday 24.09.2014 | 09:54 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- Serbia's public servants have to be more efficient, and although the surplus of employees in the administration is not large, they need to be better trained.
Tuesday 23.09.2014 | 16:49 | Source: Tanjug | Comments: (0) | Send comment
Serbian Prime Minister Aleksandar Vucic conferred on Tuesday with a delegation of the Kuwaiti Parliamentary Friendship Group.
Tuesday 23.09.2014 | 13:32 | Source: Tanjug | Comments: (1) | Send comment
The International Monetary Fund (IMF) is calling on Serbia to reduce the number of employees in the public administration by five percent next year.
Tuesday 23.09.2014 | 11:38 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- Serbian Minister of Economy Zeljko Sertic met with U.S. Ambassador to Serbia Michael Kirby who offered additional assistance and cooperation to Serbia
Monday 22.09.2014 | 16:19 | Source: B92 | Comments: (0) | Send comment
BELGRADE -- The National Audit Office (DRI) has initiated the second audit of performance relating to the management of property owned by the Republic of Serbia.
Monday 22.09.2014 | 13:37 | Source: B92 | Comments: (0) | Send comment
BELGRADE -- Serbian President Tomislav Nikolic has said that the decision to reduce salaries and pensions is in fact aimed at safeguarding them.
Friday 19.09.2014 | 16:56 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- The Confederation of Autonomous Trade Unions of Serbia (SSSS) does not support any government measures which entail reduction of personal income.
Friday 19.09.2014 | 15:45 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- The measures presented by Prime Minister Aleksandar Vučić had been expected and are tough, Aleksandar Vulin has said.
Friday 19.09.2014 | 15:20 | Source: Tanjug | Comments: (0) | Send comment
BRUSSELS -- The EU welcomes the efforts of the Serbian government aimed at implementation of structural reforms in order to ensure growth and competitiveness.