Belgrade has argued that sanctions on NIS would jeopardise energy supply across the Balkans and worsen Serbia's economic outlook.
Hungary and Serbia are moving ahead with plans to build a new cross-border oil pipeline that could transport up to 5mn tonnes per year of crude, as both countries deepen energy ties with Russia despite EU sanctions.
CEE Bankwatch research reveals only €163.1mn of €1bn spent could be clearly linked to advancing the Green Agenda.
Serbia's ICT industry has become one of the country's leading economic drivers, with annual exports climbing from €375mn in 2012 to over €4bn in 2024.
Serbia continued to permit arms shipments destined for Ukraine to transit its territory even after receiving direct warnings from Moscow, according to a BIRN investigation.
Slump in FDI raises concerns over Serbia’s economic trajectory, as foreign investment has been a key engine of growth, job creation and export expansion.
Serbia is emerging as a manufacturing base for global automotive and EV producers thanks to its improving macroeconomic conditions and pro-investment policies.
Planned 128-kilometre pipeline will link Serbia to the Druzhba pipeline network via Hungary.
Recent polling suggests President Aleksandar Vucic would lose the next Serbian election by a large margin.
The National Bank of Serbia now holds 50.5 tonnes of gold, said governor Jorgovanka Tabakovic.
The European Union is prioritising short-term stability over genuine democratic reform, says a report from the Balkans in Europe Policy Advisory Group.
China and Serbia will conduct their first-ever joint military training exercise later this month in northern China’s Hebei Province.
Press freedom watchdog Reporters Without Borders warned abuses threaten the country’s EU accession process.
Serbia’s technology sector is facing potential upheaval following the government's decision to scrap a key incentive programme aimed at attracting foreign professionals.
Serbia is exploring the development of nuclear energy with two potential pathways – conventional nuclear power plants and small modular reactors.