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News
27.09.2006.
Serbian Minister of Finance Mladjan Dinkic and Director of KfW office in Belgrade Elke Hellstern signed today an Agreement on a debt write-off between the Republic of Serbia and this German financial organisation. Under the agreement, KfW will write off Serbia's €25 million debt to Germany, as a creditor of the Paris Club of creditors in exchange for €5.5 million in investment.
More
27.09.2006.
State Secretary at the Serbian Ministry of Finance Vladimir Ilic said that in 21 days from the enforcement of law amendments that introduced tax reliefs for those who employ trainees younger than 30 and older than 45, as well as invalids, 366 persons from the given categories have been employed. Ilic said at a press conference that if that tendency continues, between 500 and 600 persons from these categories will be employed every month. He specified that in 21 days, 124 trainees have been employed, 170 persons below 30 years of age, 68 persons older than 45, and four invalids.
More
27.09.2006.
The Serbian Ministry of Finance stated that according to its estimates, the September inflation will be 0.2% which is the lowest monthly inflation rate in the past nine years The statement adds that restrictive measures of the National Bank of Serbia's monetary policy and the finance ministry's tight budget policy have caused this year's total inflation rate to decrease to 6.1% in the first nine months. Having in mind this positive trend, the Ministry of Finance expects the total 2006 inflation rate to be below the projected values, adds the statement. .
22.09.2006.
Serbian Minister of Finance Mladjan Dinkic and Minister of Capital Investment Velimir Ilic laid today in Nis a cornerstone for 79 apartments for civil servants, which marks the beginning of the realisation of the National Investment Plan in the field of housing construction. Dinkic said that this is the first construction site in Serbia where apartments will be built with the funds from the National Investment Plan, which envisages that €150 million be invested in that field by the end of the year.
More
21.09.2006.
Serbian Minister of Finance Mladjan Dinkic said that a total of 586 million dinars will be set aside from the budget for the organisation of the referendum for the Serbian new constitution. Dinkic told a press conference that of that sum, 219 million will be allocated for workers in charge of the organisation of the referendum. According to Dinkic parliamentary parties will distribute 150 million dinars according to proportional representation in parliament while the government’s Office of Media Relations will receive 125 million dinars for the media campaign.
More
6.09.2006.
Serbian Minister of Finance Mladjan Dinkic said today that Serbia's advancement by 24 places in the World Bank's rank order means that its global reputation is improving, which is a result of reforms carried out in the previous year. Speaking about Serbia's advancement from last year's 92nd to 68th place in the rank order of business conditions, Dinkic told Beta news agency that further simplification of administrative procedures will take place and reiterated that the time needed to obtain all permits necessary has been reduced to six-seven days and that the customs procedure has been shortened by introducing electronic bills of entry.
More
31.08.2006.
Norwegian Telenor today officially took over Mobi 63, after signing a €1.513 billion contract in late July. Telenor thus acquired the Serbian telecommunication company as well as the second telecom licence for Serbia. Serbian Minister of Finance Mladjan Dinkic and Head of Telenor's Central/Eastern European operations Jan Edvard Thygesen signed the sale contract.
More
25.08.2006.
Serbian Minister of Economy Predrag Bubalo and the Serbian Minister of Finance Mladjan Dinkic presented projects worth €165 million which aim to encourage entrepreneurship, employment and economic development and will be realised within the framework of the National Investment Plan.
More
24.08.2006.
Serbian Minister of Finance Mladjan Dinkic has said that the Serbian government decided at its session today to finish work on Corridor 10 highways in southern Serbia with its own funds. Dinkic told a press conference following the session that the total investment is worth €900 million, and the Greek government will help with €100 million through the Hellenic Plan for the Economic Reconstruction of the Balkans, and €800 million will be allocated from funds for the National Investment Plan.
More
23.08.2006.
Serbian ministers of finance, capital investment, and trade, tourism and services, Mladjan Dinkic, Velimir Ilic and Bojan Dimitrijevic respectively, marked today on Mount Kopaonik the beginning of construction of new four-seat ski lifts "Duboka 1" and "Duboka 2", worth €4 million. The funds have been set aside through the National Investment Plan.
More
21.08.2006.
Serbian Minister of Finance Mladjan Dinkic said in an interview for today's edition of the daily Vecernje Novosti that as a result of the implementation of the "Plan Plus", presented last week to the EU High Commissioner Olli Rehn, it is expected that by year's end Serbia will considerably reduce its foreign debt and attract even bigger investments into infrastructure.
More
17.08.2006.
Serbian Deputy Prime Minister Ivana Dulic-Markovic and Serbian Minister of Finance Mladjan Dinkic held talks today in Brussels with EU Enlargement Commissioner Olli Rehn, and presented the plan on cooperation and future relations between Serbia and the EU. They said following talks that the doors of the EU are wide open to Serbia.
More
16.08.2006.
Serbian Deputy Prime Minister Ivana Dulic-Markovic and Minister of Finance Mladjan Dinkic will go to Brussels on August 17 to meet with EU Enlargement Commissioner Olli Rehn and present the plan on cooperation and future relations between Belgrade and Brussels.
More
28.07.2006.
Serbian Minister of Finance Mladjan Dinkic, Head of Foreign Network at bank group Sanpaolo IMI Giuseppe Cuccurese and Governor of the National Bank of Serbia (NBS) Radovan Jelasic signed today a sale agreement on acquisition of a 87.39% stake in Panonska Banka for €122 million. Dinkic told a press conference that Panonska Banka was sold at a price 4.8 times higher than the bank’s assets and announced that the Italian buyer will pay €122 million within next 120 days.
More
20.07.2006.
Serbian Minister of Finance Mladjan Dinkic said last night that he is convinced foreign direct investment (FDI) into Serbia could reach some €2.5 billion by the end of the year, of which privatisation proceeds will be a minimum of €1.3 billion. Speaking for the Radio Television of Serbia, Dinkic said that the Serbian government plans to allocate approximately €400 million from privatisation proceeds in 2006 for projects of the National Investment Plan, and a sum of €1.1 billion in 2007.
More
Serbia, KfW sign debt write-off agreement in exchange for environmental investment
Serbian Minister of Finance Mladjan Dinkic and Director of KfW office in Belgrade Elke Hellstern signed today an Agreement on a debt write-off between the Republic of Serbia and this German financial organisation. Under the agreement, KfW will write off Serbia's €25 million debt to Germany, as a creditor of the Paris Club of creditors in exchange for €5.5 million in investment.
More
27.09.2006.
Tax reliefs for employers of certain categories already yield results
State Secretary at the Serbian Ministry of Finance Vladimir Ilic said that in 21 days from the enforcement of law amendments that introduced tax reliefs for those who employ trainees younger than 30 and older than 45, as well as invalids, 366 persons from the given categories have been employed. Ilic said at a press conference that if that tendency continues, between 500 and 600 persons from these categories will be employed every month. He specified that in 21 days, 124 trainees have been employed, 170 persons below 30 years of age, 68 persons older than 45, and four invalids.
More
27.09.2006.
Monthly inflation lowest in nine years
The Serbian Ministry of Finance stated that according to its estimates, the September inflation will be 0.2% which is the lowest monthly inflation rate in the past nine years The statement adds that restrictive measures of the National Bank of Serbia's monetary policy and the finance ministry's tight budget policy have caused this year's total inflation rate to decrease to 6.1% in the first nine months. Having in mind this positive trend, the Ministry of Finance expects the total 2006 inflation rate to be below the projected values, adds the statement. .
22.09.2006.
Implementation of National Investment Plan begins in Nis
Serbian Minister of Finance Mladjan Dinkic and Minister of Capital Investment Velimir Ilic laid today in Nis a cornerstone for 79 apartments for civil servants, which marks the beginning of the realisation of the National Investment Plan in the field of housing construction. Dinkic said that this is the first construction site in Serbia where apartments will be built with the funds from the National Investment Plan, which envisages that €150 million be invested in that field by the end of the year.
More
21.09.2006.
586 mln dinars to be set aside for constitution referendum
Serbian Minister of Finance Mladjan Dinkic said that a total of 586 million dinars will be set aside from the budget for the organisation of the referendum for the Serbian new constitution. Dinkic told a press conference that of that sum, 219 million will be allocated for workers in charge of the organisation of the referendum. According to Dinkic parliamentary parties will distribute 150 million dinars according to proportional representation in parliament while the government’s Office of Media Relations will receive 125 million dinars for the media campaign.
More
6.09.2006.
World Bank's report improves Serbia's global reputation
Serbian Minister of Finance Mladjan Dinkic said today that Serbia's advancement by 24 places in the World Bank's rank order means that its global reputation is improving, which is a result of reforms carried out in the previous year. Speaking about Serbia's advancement from last year's 92nd to 68th place in the rank order of business conditions, Dinkic told Beta news agency that further simplification of administrative procedures will take place and reiterated that the time needed to obtain all permits necessary has been reduced to six-seven days and that the customs procedure has been shortened by introducing electronic bills of entry.
More
31.08.2006.
Norwegian Telenor officially takes over Mobi 63
Norwegian Telenor today officially took over Mobi 63, after signing a €1.513 billion contract in late July. Telenor thus acquired the Serbian telecommunication company as well as the second telecom licence for Serbia. Serbian Minister of Finance Mladjan Dinkic and Head of Telenor's Central/Eastern European operations Jan Edvard Thygesen signed the sale contract.
More
25.08.2006.
€165 million for economic development through National Investment Plan
Serbian Minister of Economy Predrag Bubalo and the Serbian Minister of Finance Mladjan Dinkic presented projects worth €165 million which aim to encourage entrepreneurship, employment and economic development and will be realised within the framework of the National Investment Plan.
More
24.08.2006.
Serbia to complete Corridor 10 highways with own funds
Serbian Minister of Finance Mladjan Dinkic has said that the Serbian government decided at its session today to finish work on Corridor 10 highways in southern Serbia with its own funds. Dinkic told a press conference following the session that the total investment is worth €900 million, and the Greek government will help with €100 million through the Hellenic Plan for the Economic Reconstruction of the Balkans, and €800 million will be allocated from funds for the National Investment Plan.
More
23.08.2006.
Construction of new four-seat ski lifts on Mount Kopaonik begins
Serbian ministers of finance, capital investment, and trade, tourism and services, Mladjan Dinkic, Velimir Ilic and Bojan Dimitrijevic respectively, marked today on Mount Kopaonik the beginning of construction of new four-seat ski lifts "Duboka 1" and "Duboka 2", worth €4 million. The funds have been set aside through the National Investment Plan.
More
21.08.2006.
Investments to soar, foreign debt to plummet by year's end, says Dinkic
Serbian Minister of Finance Mladjan Dinkic said in an interview for today's edition of the daily Vecernje Novosti that as a result of the implementation of the "Plan Plus", presented last week to the EU High Commissioner Olli Rehn, it is expected that by year's end Serbia will considerably reduce its foreign debt and attract even bigger investments into infrastructure.
More
17.08.2006.
Plan regarding future relations between Serbia and EU presented in Brussels
Serbian Deputy Prime Minister Ivana Dulic-Markovic and Serbian Minister of Finance Mladjan Dinkic held talks today in Brussels with EU Enlargement Commissioner Olli Rehn, and presented the plan on cooperation and future relations between Serbia and the EU. They said following talks that the doors of the EU are wide open to Serbia.
More
16.08.2006.
Serbian government delegation to present plan for further cooperation with EU
Serbian Deputy Prime Minister Ivana Dulic-Markovic and Minister of Finance Mladjan Dinkic will go to Brussels on August 17 to meet with EU Enlargement Commissioner Olli Rehn and present the plan on cooperation and future relations between Belgrade and Brussels.
More
28.07.2006.
Italian Sanpaolo acquires 87.39% of Panonska Banka for €122 mln
Serbian Minister of Finance Mladjan Dinkic, Head of Foreign Network at bank group Sanpaolo IMI Giuseppe Cuccurese and Governor of the National Bank of Serbia (NBS) Radovan Jelasic signed today a sale agreement on acquisition of a 87.39% stake in Panonska Banka for €122 million. Dinkic told a press conference that Panonska Banka was sold at a price 4.8 times higher than the bank’s assets and announced that the Italian buyer will pay €122 million within next 120 days.
More
20.07.2006.
FDI could reach €2.5 billion by end of the year
Serbian Minister of Finance Mladjan Dinkic said last night that he is convinced foreign direct investment (FDI) into Serbia could reach some €2.5 billion by the end of the year, of which privatisation proceeds will be a minimum of €1.3 billion. Speaking for the Radio Television of Serbia, Dinkic said that the Serbian government plans to allocate approximately €400 million from privatisation proceeds in 2006 for projects of the National Investment Plan, and a sum of €1.1 billion in 2007.
More
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