The soaring increase in the price of oil, which at one point yesterday reached USD 120 per barrel, could have a markedly negative impact on Serbia, oil sector experts told Nova ekonomija….
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The suspension of operations at Naftna Industrija Srbije (NIS) refinery in Pančevo due to U.S. sanctions in December and January reduced Serbia’s gross domestic product (GDP) growth in the first month of this year from more than three percent to 1.3 percent, according to the edition of the bulletin Macroeconomic Analyses and Trends (MAT) published…
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Serbian President Aleksandar Vučić gave an interview to the German newspaper Süddeutsche Zeitung, in which he spoke critically about the approach of two global powers toward Belgrade — Russia, because of threats to halt gas supplies, and the United States, for not taking a stronger stance toward the authorities in Priština….
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