Tourist Arrivals Up 20% in 2017

With over 16 million tourists visiting Croatia in 2016, a new record was set last year. Never in the country’s history has as many tourists visited in one year. The record however may be short-lived if the first two months of the year are anything to go by. Croatia’s...

Low-cost carriers flying high in Southeast Europe

The recent boom of low-cost carriers (LCCs) across Southeast Europe (SEE), particularly in Romania and Bulgaria, has created a new market which complements legacy airlines. Contrary to passengers using traditional airlines, the typical LCC customers are driven by the...

Agency upgrades Serbia’s credit rating

Moody’s Investors Service has upgraded the Serbian government’s issuer rating from B1 to Ba3. It also raised Serbia’s long-term foreign-currency and local-currency bond and deposit ceilings, the Ministry of Finance said in a statement quoted by the government....