Minimum wage to be increased by 9.4% as of January

The Government of Serbia has reached a decision that the minimum labor cost for the period January-December 2022 will be 201.22 dinars per working hour (in net amount), which increases the minimum wage by 9.4%. – Determining the minimum labor cost is based on...

Semi-Annual Real Estate Market Report in Serbia

The total volume of money in the real estate market in Serbia in the half-year period amounted to nearly EUR 2.9 billion, according to the Republic Geodetic Authority’s Authoritative Report. Last year, in the same period, the volume was around EUR 1.7 billion, in...

Serbia Gets USD 890 Million from IMF

The International Monetary Fund (IMF) has provided Serbia with 627.6 million Special Drawing Rights (SDRs), which is equivalent to a sum of around USD 890.22 million, or EUR 759.71 million, according to the vice-governor of the National Bank of Serbia (NBS), Ana...