economy

Vučić: Serbia must work harder to achieve the fastest growth in Europe

Serbian President Aleksandar Vučić stated today, after signing documents for the design and construction of the "Vožd Karađorđe" highway, that Serbia has large investments and a strong, resilient economy, but also that the country must prepare for difficult times ahead due to global circumstances, the energy crisis, and rising oil prices.

Vučić: Serbia must work harder to achieve the fastest growth in Europe

TL;DR

  • Serbia invests 7% of its GDP in capital investments, more than any other European country.
  • Pre-financing for infrastructure projects, like the "Vožd Karađorđe" highway, is a strategic financial move, not a sign of lacking funds.
  • Global circumstances, including the energy crisis and rising oil prices, necessitate preparedness and strong financial buffers.
  • Croatia Airlines' decision to reduce flights due to high kerosene prices is a market-driven, rational move.
  • Serbia aims for the fastest economic growth in Europe next year, contingent on increased productivity and reforms.
  • Discussions are ongoing with MOL regarding the acquisition of a majority stake in NIS, with a final decision expected soon.
  • A student arrested for allegedly planning to block TENT and cut off electricity, not just highway blockades.