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Serbia News

  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • US LNG exports make European market more competitive

    ALBANIA, 2017/08/27 The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend. “Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
  • Hungarian Border ‘Smart Fence’ Violates Rights

    HUNGARY, 2017/07/08 Next Belgrade newspaper Politika reported on Tuesday that the Hungarian government is testing an electrified ‘smart fence’ on the border with Serbia, the Belgrade Centre for Protection and Help for Asylum-Seekers said the move was a violation of European human-rights agreements. “Hungarian [border police] are beating migrants, attacking them with dogs, they are even beating children, and according to statements of migrants, they are periodically turning on the electricity in some parts of the [border] fence,” Rados Djurovic from the Centre told BIRN. According to Politika, Hungarian officials insisted however that the voltage of the electricity is low, at 900 volts, so “it can’t seriously hurt people”.
  • SERBIA TAKES INITIATIVE TO FURTHER AMBITIONS

    CHINA, 2017/04/26 This is the sixth in a series of reports focusing on the development of the Belt and Road Initiative, China’s proposed extensive trading route linking Asia, Europe and Africa. With a people of 7 million, roughly the same as a number of Chinese cities, Serbia will enjoy rapid economic increase, climbing from last year’s 2.8 % to 3.5 % in 2019, according to the World Bank. The bank’s new updates suggest the Balkan country’s prospects are even rosier than those of the European Union economies, which will average about 2 % a year. The promising outlook is half a result of the coun- try’s plan to become a regional transportation hub, which has seen Serbia deepen investment in roads, rails, the expansion of urban infrastructure and even construction of high-tech business parks — similar to the increase engines used in a number of cities in China.
  • China, Serbia vow to solidify friendship, cooperation

    CHINA, 2017/04/07 Chinese President Xi Jinping held talks with visiting Serbian President Tomislav Nikolic on Thursday, agreeing to enhance cooperation within the Belt and Road Initiative and the "16+1" cooperation mechanism. The "16+1" refers to China and the 16 Central and Eastern European nations (CEEC). The two leaders as well agreed to boost evolution of their comprehensive strategic partnership. Serbia was the initial CEE country to forge a strategic partnership with China
  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
  • Serbian Opposition Seeks End to UAE Agreement

    EUROPEAN UNION, 2016/09/24 Serbia’s opposition Democratic Party, DS, has filed a draft law seeking termination of the agreement on cooperation between Belgrade and the United Arab Emirates, UAE, signed in February 2013, claiming it is unconstitutional and damages the public interest. Balsa Bozovic, the MP who submitted the bill, told BIRN that the agreement allows for non-transparent private deals between Serbia's ruling Progressive Party and UAE companies which is against Serbia's legal order.
  • Belgrade's Artistic Salon Returns with Love Theme

    SERBIA, 2016/09/24 The October Salon, one of Serbia’s most significant contemporary arts events, opens on Friday and runs until November 6 at the Belgrade City Museum's new building - the former Military Academy - under the motto ‘The Pleasure of Love’. ‘The Pleasure of Love’ explores “what role emotion plays in contemporary art and how it may be framed in ways that are neither banal nor kitsch,” said show curator David Elliott in a press release. “This may include the not-so-simple pleasures of love, humour, horror and any other perspectives that art may bring to bear on the fragility of human experience and life which, in itself, may have a transient or long-lasting impact,” Elliott added.
  • China’s Xi sees Serbia as milestone on new ‘Silk Road’

    SERBIA, 2016/06/20 Serbia could play a significant role in Beijing’s ambitious plan for a new “Silk Road” to boost trade with Europe, Asia and Africa, Chinese President Xi Jinping said on Sunday. Xi said China was ready for additional cooperation with Belgrade during a visit to Serbia that has seen his country strengthen its economic presence in the Balkans with additional than 20 finance and infrastructure deals. China’s One Belt, One Road initiative, intended to open new trade links for Chinese firms as the domestic economy slows, envisages a new Silk Road from Western China to Central Asia and on to Europe via the Balkans, a region keen to attract Chinese investment .
  • Serbia Inflation eases slightly in November

    SERBIA, 2016/01/17 In November, consumer prices decreased 0.1% over the previous month. The print was slightly up from the 0.2% drop seen in October, which had marked a three-month low. According to the Statistical Office of the Republic of Serbia (SORS), November’s print mainly reflected a decrease in prices for food and non-alcoholic beverages. On the other hand, prices for health and communication increased over the previous month. Inflation in November inched down from 1.4% in October to 1.3%, thus hitting a four-month low. Annual average inflation as well inched down from October’s 1.5% to 1.4% in November.