
We do not see the sources of accelerated economic growth. Do you?
CEVES Newsletter July 2026 Dear friends, associates, and colleagues, In our second CEVES newsletter this year, we comment on economic growth assumptions

CEVES Newsletter July 2026 Dear friends, associates, and colleagues, In our second CEVES newsletter this year, we comment on economic growth assumptions

The Fiscal Strategy expects GDP growth to accelerate from 2.0% in 2025 to 3.0% in 2026, and then to significantly

Protesti sigurno nisu bili glavni krivac za usporavanje privrednog rasta u prvom kvartalu ove godine, ali su ogoleli činjenicu da on poslednjih godina stoji na sve slabijim temeljima.

Delimo sa vama bilten za prvi kvartal 2025 – koji, pored kratkog pregleda najvažnijih ekonomskih trendova u Srbiji i EU, donosi i naše osvrte na ključne izazove koji oblikuju privrednu i političku klimu, kao i aktivnosti CEVES-a u ovom periodu.

Vreme je da privreda Srbije prestane da bude „plašljiva zverka“, kakvom ju je Forbes s pravom ocenio u svom tekstu od petka. Pod „privredom“ se misli na one koji nisu deo režimske klijentele.

The study has been published „Empowering Western Balkan Economies: Attractiveness and Transparency of State Aid in the Region“ whose aim is to examine the types, amounts, and measures of state aid that the governments of the six Western Balkan countries provide to domestic and foreign companies, with the aim of promoting innovation, technological progress, productivity, and other factors.

Na isteku tekuće godine, sa vama delimo novogodišnji bilten – koji uz čestitke, nade i lepe želje, sadrži i brzi pregled ekonomskog stanja i očekivanja u Srbiji i Evropskoj uniji, kao i sažeti pregled ključnih CEVES-ovih aktivnosti i partnerstava u 2024. sa pogledom unapred. Koristimo ovu priliku i da izrazimo snažnu podršku studentima i građanima koji kroz proteste zahtevaju da institucije počnu da rade svoj posao – pošteno.

SMEs face challenges that exceed their capacities. These challenges not only threaten their survival but also limit their potential to contribute to economic growth and job creation.

The proposed high level of public investment does not guarantee their quality – neither in terms of executed works nor contributions to GDP growth and improvement of the quality of life, Nemanja Šormaz tells Danas.

„The low level of domestic private investment is a consequence of two key factors – one concerns the state, and the other concerns the SME sector itself,“ says Nemanja Šormaz, Director of CEVES, in an interview with Bloomberg Adria.

Organized by the Center for High Economic Studies (CEVES) and USAID's Project for Large Small Businesses, and with the support of the Chamber of Commerce of Serbia,

SVI PUTEVI VODE KA MSP Privredni rast u Srbiji u 2023. godini procenjen je na 2,5%, dok se u 2024.

The European Commission prepared the New Growth Plan for the Western Balkans in November 2023 (hereinafter referred to as the Plan), which should

In order to converge faster towards the EU, more domestic investments are needed. Small and medium-sized enterprises in Serbia state that the most important thing the state can do for them is to reinstate the tax credit.

In order for the significant investments that Serbia is making these days to be sustainable (both in terms of the longevity of desirable effects and in the context of environmental protection) and to benefit all citizens of Serbia, encourage them to stay and invest here, “pull” those who are not “politically connected” or are even neglected and lagging behind — a Development Plan is necessary.

If it were enabled for the tax credit to amount to 50% of the investment, it would cost the state 300 to 400 million euros annually. That is not a small amount of money, but the effect would be a 40% growth in private investments in the medium term of 5 years.

Although state officials are vehemently denying claims that the state discriminates against domestic small investors, the situation in reality seems different. Pavle Medić explains that direct support in the form of subsidies and indirect support through tax laws benefit only large companies.

„Glavne prepreke za rast izvoza u MSP sektoru leže u podinvestiranosti i nedostatku radne snage, a ključni problem je investicioni ambijent“, poručuje u razgovoru za Biznis.rs direktor CEVES-a Nemanja Šormaz.

Pavle Medić i Lazar Ivanović za NIN pišu o planu Skok u budućnost – Srbija Ekspo 2027. „Ova zamisao, koju ćemo za potrebe ovog teksta nazvati „plan“, iako ga nikada nismo videli, još jedan je u nizu marketinških trikova bez adekvatnog uporišta u zakonu i realnosti. Upravo iz tog razloga kritikovaćemo ga sa institucionalnog aspekta, kao i iz ugla njegove ekonomske svrsishodnosti.“

Posle nekoliko meseci hibernacije ponovo je u teatru apsurda počela da se daje predstava o litijumskom čudu. Dve činjenice. Prva: Srbija je zemlja sa jednom od najviših stopa korupcije na evropskom kontinentu – gori su samo BiH, Belorusija i Ukrajina. Druga: projekat Jadar je za Srbiju veliki izazov.