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Elections affect the Serbian economy through two main channels
The article published on the Biznis.rs portal is reproduced in its entirety, author: Ljiljana Begović.
09.10.2026
The article published on the Biznis.rs portal is reproduced in its entirety, author: Ljiljana Begović.
Author: Vojislav Stojanović, economist The budget revision significantly increased the spending framework compared to the initial budget, by 1.5% of GDP (1.45 billion
CEVES conducted an analysis of Serbia’s Central Bank independence in September 2026.
The analysis was exchanged with the TAIEX peer review mission of the European Commission.
You can download the report or read it below.
Representatives of Working Group 17 of the National Convention on the European Union participated on September 2, 2026, in Belgrade in
Belgrade, October 2–4, 2026 (Friday–Sunday) The Centre for Advanced Economic Studies organizes a three-day training for public budget analysis, intended for representatives of organizations
CEVES analysis shows that the management of the current budgetary reserve in Serbia is extremely non-transparent. In a narrower scope of approximately 8 billion dinars of funds directly allocated from the current budgetary reserve, as much as 72% of the funds were allocated through the Government's General Secretariat, while for more than half of the items it is not possible to determine which budget program they belong to.
The Fiscal Strategy expects GDP growth to accelerate from 2.0% in 2025 to 3.0% in 2026, and then to significantly
Serbia might even pass the CBAM test, but it remains far from having a genuine green industrial policy. Regulations on CBAM and the domestic carbon price are being adopted, albeit under timelines that are tight for companies. While most of the framework already exists, certain bylaws and practical procedures needed to put it into effect are still missing. In the short term, the biggest problem will be verifying the data companies submit to EU buyers and declarants. In the long term, the key challenges are an underdeveloped green industrial policy and an unconvincing pace of the energy transition. Above all, there is the looming threat that EPS (Elektroprivreda Srbije) could be brought into a carbon-charging system equivalent to the European one (EU ETS): if electricity production from coal had to pay the full cost of emissions at the EU rate, this would become an unbearable burden for the economy, households, and public finances.
New business conditions for exporters and their suppliers CEVES invites you to a conference dedicated to the impact of the European Union's CBAM mechanism, domestic
Read in Vreme, June 3, 2026, the latest commentary by Kori Udovički (with a subscription of 1000 dinars, you will support independent journalism): „Dismantling of the Republican Secretariat
Kori Udovički CEVES calls on all those interested in the good governance of Serbia to oppose the recently adopted amendments to the decrees on the decision-making process
The Vienna Institute for International Economic Studies (wiiw) and Think Europe, in cooperation with the Institute for Development and Innovation in Serbia
The Center for High Economic Studies (CEVES) presented a detailed analysis of the Republic of Serbia's Budget Proposal for 2026 at a press conference.
The National Convention on the European Union has submitted to the relevant institutions of the Republic of Serbia (Government, Ministry of Finance, National Assembly, and parliamentary groups) its
This text is not a scientific study, but a description of experience based on which I invite experts and practitioners to address this topic in preparation for establishing a better state.
At the round table „Competitiveness of the Serbian Economy – A “Leap into the Future” or into Economic Stagnation?“ the most prominent economists from the country, representatives of academia, expert bodies, and relevant institutes, discussed the sustainability of the export-oriented growth model, with a particular focus on the structural challenges of competitiveness and the causes of strong real appreciation of the dinar.
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.
According to the European Sustainable Development Report for 2023/24, Serbia ranks 30th out of 34 European countries analyzed, which is an improvement of one place compared to the previous year.
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.