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Serbia: EUR 80 million for SMEs and Mid-Caps

Belgrade, 18 March 2015 – The European Investment Bank (EIB), the EU Bank, has signed two loans totalling EUR 80 million in Serbia with Société Generale Bank Serbia (SGRS) and Sogelease Serbia (SLRS) in support of small and medium-sized enterprises (SMEs), Mid-Caps as well as infrastructure schemes promoted by local authorities. The loans are designed to assist Serbia in its efforts to integrate into the European Union (EU).

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EU flood relief weekly update

Twenty-six flood affected milk producers from Bajina Bašta, Kosjerić, Kraljevo, Lazarevac, Loznica, Obrenovac, Šabac, Svilajnac, Ub and Valjevo will receive milking equipment starting 23 March 2015 to restore their agriculture activities. This type of support will enable milking producers to upgrade their production processes at the same time obliging to safe production requirements of the European Union.

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MEPs concerned about polarisation in Western Balkans countries

Assessing the reform progress of Serbia, Kosovo, Montenegro and the former Yugoslav Republic of Macedonia in 2014, Parliament points in resolutions passed on Wednesday to continuing challenges with the rule of law, corruption, discrimination, the pace of structural reform and the polarisation of politics. It hails the resumption of high-level talks between Pristina and Belgrade and says their relations must be fully normalised.

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