Economy & Business News

Serbia’s president-elect pushes for trade area between W. Balkans countries


Belgrade/Prishtina/Skopje-Shkup, dtt-net.com – Serbia’s prime minister and president-elect Aleksandar Vucic says a common trade area between six countries in the Western Balkans would help stability in the region, but the idea backed by EU officials is opposed by Kosovo and Macedonia so far.

Kosovo and Macedonia dislike EU proposal on common trade area


Prishtina/Skopje/Brussels, dtt-net.com – Ruling parties in Kosovo and Macedonia say that a new proposal made by EU officials for a common trade area between Western Balkans countries is not what the region needs in addition to current free trade deals across the region and existing ones with the European bloc.


Inflation in the EU on the rise


Brussels, dtt-net.com - Inflation in the EU-28 and Euro area went up in January to 1.7 and 1.8 percent respectively, comparing to December 2016, with Belgium, Latvia, Spain and Estonia registering the highest annual rate, according to the new data from EU’s statistical agency, Eurostat.

EU ministers clinch deal to prevent tax avoidance in non-EU countries


Brussels, dtt-net.com - Finance ministers of EU member countries today agreed on new rules which will enter into force as of 2020, aimed at preventing tax avoidance by companies through non-EU countries.

EU Euro area exports and imports on the rise


Brussels, dtt-net.com - Euro area exports in December 2016 increased for 6 percent and imports for 4 percent with the zone recording a €28.1 bn surplus in trade, according to the new figures published by EU’s agency of statistics, Eurostat.


EU lawmakers OK trade, partnership deal with Canada


Brussels, dtt-net.com - The European Parliament today approved the Trade Agreement and the Strategic Partnership Agreement with Canada (CETA) expected to boost trade exchanges between the two sides up to 23 percent, with many members of the EU’s legislative body seeing the deal as appropriate counter-response to Donald Trump’s protectionist announced policy.

EU investment fund to support SMEs in Kosovo, Serbia and Macedonia


Brussels/Skopje, dtt-net.com - The European Investment Fund (EIF) and three ProCredit bank group subsidiaries have signed guarantee agreements to support Small and Medium Enterprises (SMEs) in Serbia, Kosovo and Macedonia aimed at boosting SME’s activities in the three countries in Western Balkans region. >>>>

Macedonia lifts ban on imports from Albania


Skopje, dtt-net.com – Macedonian authorities said imports from Albania are resuming normally and agriculture products from neighbouring country are reaching clients in Macedonia, after complaints from Tirana over blockade of two lorries by Macedonian customs authorities. >>>>

Macedonia bans agriculture imports from Albania


Tirana/Skopje, dtt-net.com – Albanian government said Macedonia has re-introduced ban on agriculture products from Albania and warned it could retaliate if Skopje doesn’t end it immediately.

World Bank approves loan to Albania for urban, tourism development


Tirana, dtt-net.com - The World Bank (WB) Board of Executive Directors has approved US$ 71 million financing for the Integrated Urban and Tourism Development Project in Albania.

Kosovo government to nationalize Trepça mining complex


Prishtina, dtt-net.com - Kosovan government will become main shareholder of the mining complex – the biggest natural wealth of Kosovo, according to a new draft-law approved by the ruling coalition in Prishtina but opposed by Serbia.

Unemployment in Macedonia at record low


Skopje, 28 July 2016, dtt-net.com – Unemployment in Macedonia has reached lowest level in country’s history at 24.5%, according to the government’s latest data.

China accused of steel dumping to EU through Serbia


Belgrade/Brussels, dtt-net.com – The Brussels based European Steel Association (EUROFER) has filed a complaint to the EU suspecting that China is attempting to dump its cheap steel production through Serbia, as a state owned Chinese company acquired in April Serbian largest steel producer Zelezara Smederevo.

French investment project in Kosovo ski resort fails


Prishtina, dtt-net.com – Is it Serbia who prevented it or the French consortium failed to find investment deposit for 430 Euro million Brezovica ski resort in Kosovo, it remains unclear, but the project is officially declared a failed one.

FDI in Albania fall drastically


Tirana, dtt-net.com - Foreign Direct Investments (FDI) in Albania in Q1 decreased for 42 percent comparing to the same period last year, according to country’s statistical agency.

Earlier News

Serbia hopes to open 3 more chapters in EU entry talks

Macedonia's conservative party calls for meeting of parties’ leaders, new election

Map of Ethnic Albanian territories appears during football match in Macedonia

Albania-Kosovo union statements can’t pressure EU, official says

Albania opposition blocks roads in anti-government protest

EU ‘wobbling’ in W. Balkans would help Russia to “wrestle in”, official warns

Podgorica says Russia has launched ‘special media war’ against Montenegro's NATO entry

US, UK diplomats scold Albania, Kosovo leaders over «union» remarks

War warnings surface in Serbia after Albania’s PM remarks over union with Kosovo

Albanian opposition calls for popular vote to elect president

Montenegro parliament to vote on ratification of protocol for NATO entry next week

Albania opposition to radicalize anti-government street protests

Kosovo seeks way out of EU visa deadlock, border deal with Montenegro

Leaders of Macedonia parties holding secret talks for a compromise

17th day of protests in Serbia against president-elect

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