Montenegro: Budget Deficit for the First Nine Months Totals 88.3 Million Euros

Montenegro: Budget Deficit for the First Nine Months Totals 88.3 Million Euros

According to data from the Ministry of Finance, Montenegro recorded a budget deficit of 88.3 million euros in the first nine months of this year, representing 1.1 percent of the estimated gross domest...

Gunvor Group Buys Lukoil in Serbia: An Overview of the Company and Its Ties to Russia

Gunvor Group Buys Lukoil in Serbia: An Overview of the Company and Its Ties to Russia

The Cyprus-based Gunvor Group LTE has agreed to purchase Lukoil International GmbH, which includes Lukoil's operations in Serbia. This transaction follows sanctions imposed on Lukoil by the United Sta...

Brussels and Beijing Continue Dialogue on Export Controls

Brussels and Beijing Continue Dialogue on Export Controls

The European Union and China are continuing to coordinate export control policies, with the aim of easing trade tensions. EU Trade Commissioner Maroš Šefčovič stated that discussions will continue, pa...

UIO BiH Union Criticizes Government for Neglecting Employees

UIO BiH Union Criticizes Government for Neglecting Employees

The Independent Union of State Employees and Employees of the Indirect Taxation Authority (UIO) of Bosnia and Herzegovina has expressed strong disagreement with the government's attitude towards the l...

Gasification Project in North Macedonia Faces Delays; Interconnector with Greece Expected in 2027

Gasification Project in North Macedonia Faces Delays; Interconnector with Greece Expected in 2027

Gasification projects in North Macedonia are facing significant delays, despite millions of euros invested in building the network. The system is still not fully operational, and the gas pipeline inte...

JP Morgan Warned About Jeffrey Epstein's Suspicious Billion-Dollar Transactions

JP Morgan Warned About Jeffrey Epstein's Suspicious Billion-Dollar Transactions

In 2019, American bank JP Morgan Chase filed a report with United States authorities, warning about suspicious transactions linked to Jeffrey Epstein, exceeding an amount of one billion US dollars. Th...

Temporary Solution for Milk Surplus in Montenegro, Government to Act

Temporary Solution for Milk Surplus in Montenegro, Government to Act

Thanks to the joint action of processors and traders, with the support of consumers, milk stocks in Montenegro have been sold out, temporarily resolving the surplus problem. In the coming period, pric...

Mihajlovic: Serbia Could Take Over NIS If No Agreement Reached with Russia

Mihajlovic: Serbia Could Take Over NIS If No Agreement Reached with Russia

Former Minister of Mining and Energy, Zorana Mihajlovic, stated that Serbia could take over the Petroleum Industry of Serbia (NIS) if no agreement is reached with the Russian side. According to her, R...

Railways of FBiH Claims 8.5 Million KM from Koksara Lukavac, Criminal Complaint Filed

Railways of FBiH Claims 8.5 Million KM from Koksara Lukavac, Criminal Complaint Filed

The Railways of the Federation of Bosnia and Herzegovina (ŽFBiH) is claiming 8.5 million KM from Koksara Lukavac due to years of unpaid transport services. ŽFBiH emphasizes that they have filed a crim...

November Brings Economic Events That Will Mark the End of the Year in Serbia

November Brings Economic Events That Will Mark the End of the Year in Serbia

November will be a month of important economic events in Serbia, which will impact the economy and citizens. Decisions regarding the Petroleum Industry of Serbia (NIS), the selection for "Young Farmer...

Croatia: High Cost of Living for Most Households

Croatia: High Cost of Living for Most Households

The majority of European Union residents have faced increased living costs in recent years, with many citizens struggling to make ends meet. According to 2024 data, the situation in Croatia is particu...

Montenegrin Economy Records Revenue Growth and Stable Public Finances

Montenegrin Economy Records Revenue Growth and Stable Public Finances

The Ministry of Finance of Montenegro has announced that the Montenegrin economy is recording revenue growth and stable public finances. Total budget revenues for the first nine months amounted to 2,0...