Serbia’s central bank plans to repatriate the country’s entire gold reserves from abroad, becoming the first Eastern European country to hold all of its bullion domestically.
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.
The May results show a significant recovery for the sector, which contracted sharply in late 2024
The National Bank of Serbia now holds 50.5 tonnes of gold, said governor Jorgovanka Tabakovic.
Moldova’s exports fell by 11.1% y/y in May and by 10.8% to €3.1bn in the 12 months to May 2025.
Romania’s industrial production posted a sharp year-on-year increase of 7.1% in May.
Electricity market liberalisation and a VAT hike in August are expected to put upward pressure on prices.