BUSINESS

In the village of Kriva Reka on Zlatibor, the only machinery ring in Serbia – an agrotechnical center – has been opened, enabling farmers to use modern machinery at affordable prices. The center possesses a wide range of machines, including tractors, seeders, and combines, tailored to the needs of local farmers. This model is especially…

The global organization FATF has determined that Croatia has made significant measurable progress in the effectiveness of its system to prevent money laundering and terrorist financing, and as a result, has been removed from the grey list. Croatia implemented 13 measures of the action plan including completing the national risk assessment, strengthening analytical capacities, improving…

U.S. President Donald Trump signed an executive order allowing the sale of the American company U.S. Steel to the Japanese company Nippon Steel for $14.9 billion. The agreement includes commitments for $11 billion in new investments, with an additional $3 billion to be invested after 2025. Japan’s Ministry of Economy welcomed the decision, expressing confidence…

The city of Samobor in Croatia has introduced an innovative measure called the “BakaDeda service,” where grandparents caring for their grandchildren receive financial compensation. This measure addresses the problem of lack of places in kindergartens and supports families who cannot enroll their children in public or private kindergartens. Currently, 30 families use this service. Mayor…

Jamie Dimon, CEO of JP Morgan Chase, has warned of a serious debt crisis looming in the United States. He highlights that the US national debt has reached alarming levels and servicing this debt will soon become nearly impossible, potentially leading to a fiscal crisis and high inflation. Dimon criticizes the current fiscal policy of…

The Deputy Prime Minister and Minister of Economy of Serbia, Adriana Mesarović, stated that the government strongly supports young entrepreneurs through current credit lines and subsidies. The initiative, launched by the President of Serbia Aleksandar Vučić, includes a package of assistance for subsidizing interest rates and programs to empower young people in starting and developing…

High prices of early fruit and vegetables in Serbian markets are a consequence of low yields caused by adverse weather conditions. Producers are testing the market with prices, leading to some crops, such as apricots and strawberries, reaching prices comparable to meat. Veljko Jovanović, advisor to the President of the Serbian Chamber of Commerce, emphasizes…

High prices of early fruits and vegetables in Serbian markets are a result of low yields caused by adverse weather conditions. Producers are testing the market with high prices, with cherries, strawberries, apricots, and new potatoes reaching up to 1,000 dinars per kilogram, surprising and upsetting consumers. Veljko Jovanović, advisor to the President of the…

The German economy is expected to grow by 0.3% in 2025, according to the Berlin-based economic research institute DIW, an improvement from the earlier forecast of 0.1%. This optimism follows a surprisingly strong growth of 0.4% in the first quarter of 2024. DIW predicts growth will accelerate towards the end of the year thanks to…

Along the Adriatic coast, especially in tourist centers, there is an increasing number of ATMs not owned by well-known banks but by independent operators like Euronet, charging high fees for cash withdrawals, often up to 20%. Tourists, especially first-time visitors to Croatia, are often unaware of these practices and fall victim to high costs. The…