MITTELEUROPEAN INSIGHTS: Central and Southeastern Europe head for a V-shaped recovery

Gunter Deuber and Nicolae Covrig of Raiffeisen Research in Vienna and Bucharest March 19, 2021

The moderate GDP setbacks in 2020 imply that for some CEE countries there will not be such drastic recovery and rebound effects in 2021 as in hard-hit countries in Western Europe.

Bulgaria the latest to announce lockdown as new COVID-19 wave descends on Southeast Europe

bne IntelliNews March 18, 2021

Over 4,000 COVID-19 cases daily are being reported in Bulgaria, Romania and Serbia, putting hospitals under strain.

Serbian minister slams China’s CMEC over slow work on Kostolac B power station expansion

Eldar Dizdarevic in Sarajevo March 18, 2021

Construction of Block 3 at Kostolac B is the biggest project in Serbia's energy sector for three decades but has been slow to complete.

Rising inflation in Emerging Europe poses dilemma for central banks

bne IntelliNews March 17, 2021

With economies primed to rebound as pandemic restrictions are loosened, consumer prices could rise even further, reawakening an issue that has long been ignored.

Serbia to produce Chinese as well as Russian vaccine

Eldar Dizdarevic in Sarajevo March 14, 2021

Serbia to become the first European country to manufacture Sinopharm vaccine with plans to supply the Western Balkans region as well as its own population.

COMMENT: The EIB supports the long-term recovery of the Western Balkans

Lilyana Pavlova vice-president of the European Investment Bank March 11, 2021

The region’s economy needs to be more sustainable and connected, which can only be achieved through the digital and green transformation, writes EIB vice-president Lilyana Pavlova.

Serbian pop superstar takes over Tanjug news agency

Eldar Dizdarevic in Sarajevo March 10, 2021

Eurovision runner-up Zeljko Joksmovic's company Tacno now listed as the publisher of Tanjug news services.

The female voice of change

Clare Nuttall in Glasgow March 8, 2021

Emerging Europe has a growing number of female politicians taking a stand against corruption and authoritarianism.

Serbian health experts call for lockdown, politicians fear protests

Eldar Dizdarevic in Sarajevo March 3, 2021

The Serbian government is facing a stark choice as health experts call for a new lockdown while opponents have threatened street protests if a curfew is imposed.

Serbia's economy contracted by 1.1% y/y in 4Q20

bne IntelliNews March 1, 2021

Serbia had one of the smallest GDP contractions across the emerging Europe region in 2020.

Erste Bank net profit halves to €783mn in 2020

bne IntelliNews March 1, 2021

Austrian lender provisions for COVID-19 downturn but says it does not expect a significant increase in hard defaults after the expiration of debt moratoria in the region.

BRICKS & MORTAR: Renovation of apartment buildings has biggest potential for energy saving in Western Balkans

bne IntelliNews February 28, 2021

The potential for energy savings in the buildings sector — characterised by ageing, poorly maintained apartment blocks — is estimated at more than 50% of consumption, Energy Community report shows.

Croatia and Serbia launch Eurobonds to high investor interest

Eldar Dizdarevic in Sarajevo, Denitsa Koseva in Sofia February 25, 2021

Two Southeast European states take advantage of favourable market conditions to get away oversubscribed bond issues.

Grey economy almost a third of GDP in Bosnia, Montenegro and Serbia

Eldar Dizdarevic in Sarajevo February 23, 2021

Research by Sarajevo-based Center for Policy and Governance shows high levels of undeclared and partially work in Western Balkans and Croatia.

Consumer prices increased by 1.1% in Serbia in January

bne IntelliNews February 22, 2021

The central bank expects inflation to remain low and stable — as it has been for the last eight years — as the country recovers from the coronacrisis.

Rival operators announce lawsuits in Serbia's cable war

Eldar Dizdarevic in Sarajevo February 18, 2021

Long-standing rivalry between Telekom Srbija and United Media has erupted into a public legal battle.

Abuse and hate speech against LGBTI people rises across Europe and Central Asia

bne IntelliNews February 18, 2021

Crackdown on democracy and civil society during pandemic accompanied by increase in hate speech by politicians finds ILGA-Europe report.

Serbia to become vaccine production hub for the Western Balkans

Eldar Dizdarevic in Sarajevo February 17, 2021

Serbia will be first European country to manufacture Russia's Sputnik V vaccine, and plans to produce 20mn doses for its own citizens and the Western Balkans region.

Fast vaccination of Serbia's population to drive economic rebound

bne IntelliNews February 13, 2021

Central bank says industrial production, retail trade turnover and exports have already reached pre-crisis levels, and other services will recover as vaccinations continue.

New Lidl store puts Serbia’s Vranje on the tourist map

bne IntelliNews reporters in Vranje February 10, 2021

The pandemic caused a slump in tourism, but one southern Serbian town has become a hot destination for day trippers thanks to the German discount retailer.