Western Balkans and EU News

Business / Economy News


Sarajevo/Brussels, 10 June 2020, dtt-net.com - The European Union today said it has allocated €20 million for modernization of the agri-food sector in Bosnia and Herzegovina (BiH) for next four years.


Sarajevo/Brussels, 29 May 2020, dtt-net.com – The government of Bosnia and Herzegovina (BiH) today decided to extend for another year a measure which would help local companies obtain more contracts and work in public procurement services, in a move of Sarajevo to protect them from EU companies following economic damages that the Covid-19 has caused to the country.


Belgrade, 12 May 2020, dtt-net.com – France will contribute with 8.3 Euro million to the feasibility study for the metro project in the Serbian capital, while Paris is also considering a loan for construction of the underground railway which according to the Serbian government could cost to around 5 Euro billion.


Washington/Tirana, 01 May 2020, dtt-net.com – Albania, Bosnia and Herzegovina (BiH), Kosovo, Montenegro, North Macedonia and Serbia are expected to enter a recession this year, with all six countries forecast “to experience negative growth” as they continue to grapple with the economic impacts of the COVID-19 pandemic, the World Bank said in a new report.


Belgrade, 10 April 2020, dtt-net.com - Serbian government has adopted a variety of economic measures including grants and tax payment delays to local companies totalling 608.3 billion dinars (5.1 billion euros) euros to cope with damages caused by the virus in order to continue their business activities.


Skopje/Podgorica, 09 April 2020, dtt-net.com – The impact of containment measures to address the coronavirus pandemic is affecting Western Balkans six countries which will make economic growth fall this year, the World Bank said in a new outlook report.


Tirana, 10 February 2020, dtt-net.com – Albanian tourism sector is expected to suffer nearly 74 Euro million because of the damages from the November 26 earthquake in coastal town of Durrës and surrounding areas which caused more than 1 Euro billion of damages in total, according to some estimations.


Belgrade/Zagreb, 23 October 2019, dtt-net.com – As the German car manufacturer has put on standby its 1.3 Euro billion investment project in Turkey, the four countries are racing with massive incentives trying to convince Volkswagen to set up a new production facility in their territories.


Belgrade, 22 October 2019, dtt-net.com – German manufacturer Brose will open a new factory in Serbia and employ 1100, Serbian president Aleksandar Vucic announced.


Podgorica, 16 October 2019, dtt-net.com - The Hague-based Permanent Court of Arbitration (PCA) said it’s not competent to decide on a investment row between Montenegro and the Russian businessman Oleg Deripaska, Montenegrin government said.