Misha Savic

2 weeks ago | bloomberg.com | Misha Savic

(Bloomberg) -- Naftna Industrija Srbije d.d., a refiner controlled by Russia’s Gazprom PJSC, won another reprieve on US sanctions, which have been postponed until June, President Aleksandar Vucic said on Saturday. “Serbia managed to win another delay in sanctions against NIS, this time for two months, until June 27,” Vucic said in an Instagram post.

4 weeks ago | bloomberg.com | Misha Savic

Djuro Macut speaks to the members of the Parliament in Belgrade, on April 15. (Bloomberg) -- Serbian lawmakers approved a political novice as premier on Wednesday, in a government reboot that aims to tame unrelenting street protests against the establishment dominated by President Aleksandar Vucic. Prime Minister Djuro Macut now leads a 31-member cabinet with key posts held by representatives of Vucic’s party and allies.

1 month ago | bloomberg.com | Misha Savic

Downtown Belgrade. (Bloomberg) -- Serbia left interest rates unchanged for a seventh month due to sticky inflation even as the the economy lost steam following months of anti-government protests. The National Bank of Serbia kept its one-week repurchase rate at 5.75% on Thursday, as predicted by 15 of 17 economists in a Bloomberg survey. Two expected a quarter-point cut. Inflation has hovered around the upper end of the central bank’s 1.5%-4.5% tolerance range since July.

1 month ago | bloomberg.com | Misha Savic

Serbian President Aleksandar Vucic nominated political novice Djuro Macut for prime minister after the previous government quit in the face of protests triggered by a deadly outside roof collapse at a train station. Macut, 61, a university lecturer and a practicing physician, is likely to take over on the strength of a parliamentary majority held by Vucic’s Progressive party and allies. Lawmakers must approve him by April 18 or trigger an early election.

1 month ago | thederrick.com | Misha Savic

Serbian lawmakers approved the resignation of Prime Minister Milos Vucevic, starting a countdown for either a new government to be formed or a snap election held amid massive anti-graft rallies. Hundreds of thousands gathered in capital Belgrade last Saturday in what has emerged as the biggest challenge to President Aleksandar Vucic in the more than a decade he’s dominated politics as prime minister or president.