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Serbia: 2011 Outlook

The exports outlook remains robust, supported by the real depreciation of the Serbian dinar (RSD) and solid external demand.Renewed concerns over the eurozone debt crisis could result in depressed demand for Serbian exports and reduced capital inflows. We forecast additional policy rate hikes in H1 2011, as the inflation rate is set to remain above the upper bound of the central bank’s target band.

Read the 2011 Global Economic Outlook

Economic Research

Europe Weekly

Europe-Wide Growth Slowdown

By Elisa Parisi-Capone, Katharina Jungen, Mikko Forss, Jelena Vukotic, Parul Walia, William Oman, Sehaj Malik, Filipe Albuquerque Aug 19, 2011

Economic Research

Eastern Europe: Fallout from Italy’s Debt Concerns

By Jelena Vukotic and David Rogovic Jul 19, 2011

Economic Research

Eastern Europe Banking: Wary of Eurozone Debt Jitters

By Jelena Vukotic May 26, 2011

Europe Weekly

Fidesz vs. Hungary’s Central Bank; CEE Pension Pains; Icesave Progress

By Mary Stokes, Jelena Vukotic, Mikko Forss, Mark Willis and Parul Walia Dec 17, 2010

Economic Research

Central and Eastern Europe: Pension Reform Pains

By Jelena Vukotic Dec 17, 2010

Global Economic Outlook

Global Overview: 2011 Outlook

By Christian Menegatti, Nouriel Roubini and the RGE Macroeconomics Team Dec 7, 2010

Global Economic Outlook

Southeast Europe: 2011 Outlook

By Jelena Vukotic Dec 7, 2010

Global Economic Outlook

Serbia: 2011 Outlook

By Jelena Vukotic Dec 7, 2010

Global Economic Outlook

Macro Forecasts: 2011 Outlook

By the RGE Macroeconomics Team Dec 7, 2010

Europe Weekly

Hungary’s New Tax Measures; UK House Prices; Crisis Looming in Portugal

By Mary Stokes, Parul Walia, James Mason, David Rogovic, Rachel Ziemba, Katharina Jungen and Jelena Vukotic Oct 15, 2010

Economic Research

Serbia: Rising Inflation Brings Rate Hike

By Jelena Vukotic Oct 15, 2010

Global Economic Outlook

Global Overview: September 2010 Outlook Update

By Nouriel Roubini, Christian Menegatti and the RGE Macroeconomic Team Sep 10, 2010

Global Economic Outlook

Southeast Europe: September 2010 Outlook Update

By Jelena Vukotic Sep 10, 2010

Global Economic Outlook

Serbia: September 2010 Outlook Update

By Jelena Vukotic Sep 10, 2010

Economic Research

Europe Weekly Spotlight: EZ Corporate Credit Conditions; Inflation Risks in Russia

By Elisa Parisi-Capone, Katharina Jungen, Rachel Ziemba, David Rogovic, Mikko Forss and Jelena Vukotic Jul 30, 2010

Global Economic Outlook

Serbia: Q3 2010 Outlook

By Jelena Vukotic Jul 12, 2010

Global Economic Outlook

Southeast Europe: Q3 2010 Outlook

By Jelena Vukotic Jul 10, 2010

Global Economic Outlook

Serbia: Q2 2010 Outlook

By Jelena Vukotic Apr 12, 2010

Global Economic Outlook

Serbia: Q1 2010 Outlook

By Jelena Vukotic Jan 30, 2010

Economic Research

Serbia Economic Outlook, Q4 2009

By Jelena Vukotic Oct 7, 2009

Economic Research

Serbia Economic Outlook, Q3 2009

By Mary Stokes & Jelena Vukotic Jul 24, 2009

Daily Digest

Analysis

EMEA Bi-Weekly - Doom and gloom

Commerzbank AG (registration required)  Aug 12, 2011

Analysis

Serbia: Fights for growth

Commerzbank AG (registration required)  Aug 12, 2011

News

Serbian Central Bank May Lower Benchmark Rate as Inflation Pressures Ease

Bloomberg  Gordana Filipovic Aug 11, 2011

Analysis

South-east Europe: The clouds disperse

Financial Times  Neil Buckley and Neil MacDonald Aug 08, 2011

Blogs

Emerging Europe and eurozonitis

Financial Times  Nicholas Watson Jul 28, 2011

Analysis

Serbia: Market Weekly Report- July 25,2011

Raiffeisen Research  Jul 27, 2011

Analysis

EM Country Briefing- CSEE risk versus Italy

Commerzbank AG  Jul 27, 2011

Blogs

Which Households Use Banks? Evidence from the Life in Transition Survey

European Bank for Reconstruction and Development  Martin Brown Jul 25, 2011

Blogs

Greek contagion: CEE edition

Financial Times  Pan Kwan Yuk Jul 22, 2011

Analysis

Serbia Monthly Economic Report- July 2011

Raiffeisen Research  Jul 20, 2011

Analysis

CEE: New Europe Economics and Strategy - July 2011

EFG Eurobank  Jul 19, 2011

Analysis

The Western Balkans and the EU: The hour of Europe

Institute for Security Studies (EUISS)  Jacques Rupnik et al Jul 19, 2011

News

Serbian Government Remains Undaunted by Euro Debt Crisis in Bond Sale Plan

Bloomberg  Gordana Filipovic Jul 19, 2011

News

Serbian Premier Cvetkovic Says He’ll Stick to Fiscal Plan as Vote Nears

Bloomberg  Gordana Filipovic Jul 19, 2011

Analysis

CEE: Debt Dynamics Yet Again at Risk

Commerzbank  Tatha Ghose Jul 15, 2011

Analysis

CEEMEA: Macro Spills and Beyond – Thoughts on Contagion

Morgan Stanley  Pasquale Diana, James Lord, Paolo Batori and Jaroslaw Strzalkowski Jul 19, 2011

Analysis

Should Emerging Europe, Hungary be concerned about Italy's woes? Yes!

portfolio.hu (free registration required)  Jul 18, 2011

News

Morning Briefing: European Banks Stress Test Impact Eyed

Bloomberg  Sean Carney Jul 18, 2011

Blogs

If Rome burns, Belgrade gets singed

Financial Times  Neil MacDonald Jul 15, 2011

Blogs

CEE banks pass European stress tests

ft.com/ beyondbrics  Stefan Wagstyl Jul 15, 2011

News

Serbia: Inflation Movements in June

National Bank of Serbia (NBS)  Jul 13, 2011

Blogs

CEE: Weathering the Mediterranean storm

Financial Times  Stefan Wagstyl Jul 11, 2011

News

Serbia: Key Policy Rate Lowered to 11.75 Percent

National Bank of Serbia  Jul 08, 2011

Analysis

CEE Fixed Income Daily: July 7, 2011

Erste Bank (free registration required)  Jul 07, 2011

Analysis

Serbia: Mladic arrest boosts EU accession hopes

Unicredit  Goran Šaravanja Jul 01, 2011

News

Serbia Cuts Benchmark Rate to 11.75% as Inflation Pressures Ease

Bloomberg  Gordana Filipovic Jul 07, 2011

Analysis

Serbia: NBS cut the key interest rate to 11.75%

Raiffeisen Research  Jul 07, 2011

News

Serbia economy: Key policy rate cut prematurely?

Viewswire  Jul 05, 2011

Analysis

Serbia: Inflation Report - May 2011

National Bank of Serbia (NBS)  Jul 05, 2011

News

Serbia: Inflation Movements in May

National Bank of Serbia  Jul 05, 2011

Analysis

Chart in focus- Greek foreign claims on CEE

Deutsche Bank Research  Marion Mühlberger Jun 24, 2011

Analysis

Monthly Economic Report Serbia- June 2011

Raiffeisen Research  Jun 21,2011

Analysis

Serbia: Real GDP skyrocketed by 3.4% yoy in Q1 2011

Raiffeisen Research  Jun 30, 2011

Blogs

That Greek bank risk in New Europe, continued

FT Alphaville  Joseph Cotterill Jun 30, 2011

Analysis

Serbia: Industry sentiment rejuvenated on capital products and energy

Raiffeisen Research  Jun 30, 2011

Research

Life in Transition: After the Crisis

European Bank for Reconstruction and Development  Jun 29, 2011

Blogs

How can credit bureaus in the EBRD region be improved?

European Bank for Reconstruction and Development  Alexander Plekhanov, Frederique Dahan and Katrin Weissenberg Jun 22, 2011

Analysis

Eurovisions, June 2011

Erste Bank (free registration required)  Jun 20, 2011

Analysis

New Europe Economics and Strategy: May-June 2011

Eurobank EFG  Jun 15, 2011

News

Serbian Central Bank Cuts Two-Week Repurchase Rate by a Half-Point to 12%

Bloomberg  Gordana Filipovic Jun 09, 2011

Research

The Battle Over Private Pensions

CASE- Center for Social and Economic Research  Luca Barbone May 31, 2011

News

Serbia Sees EU Boost After Mladic Arrested for War Crimes

Bloomberg  Gordana Filipovic and Misha Savic May 27, 2011

Blogs

What Mladic means for Serbia

Financial Times  Jonathan Wheatley May 26, 2011

Analysis

Serbia: Monthly Economic Report- May 2011

Raiffeisen Research  May 23, 2011

Analysis

EBRD region: Growth prospects improve but with increasing risks

European Bank of Reconstruction and Development  May 20, 2011

Analysis

Serbia: Long-term Outlook, May 2011

Erste Bank (free registration required)  May 18, 2011

Blogs

Latvia first, Romania last in EU funds race

Financial Times  Kester Eddy May 17, 2011

Blogs

Serbian stocks rise on low liquidity

Financial Times  Neil MacDonald May 16, 2011

Blogs

Eastern Europe scores record deals

Financial Times  Alexandra Stevenson May 13, 2011

Analysis

IMF Regional Economic Outlook: Europe

IMF  May 13, 2011

News

Serbia 2011 Eurobond Issue to be Worth Up to $1 Billion, Debt Chief Says

Bloomberg  Gordana Filipovic May 12, 2011

News

Serbian Central Bank May Hold Interest Rates as Dinar Gains, Survey Says

Bloomberg  Gordana Filipovic May 10, 2011

Analysis

Serbia Weekly: World Bank agrees to 4-year soft lending deal

Raiffeisen Research  Apr 26, 2011

Blogs

Turkey: business in the Balkans

Financial Times  Neil MacDonald Apr 27, 2011

Blogs

Croatia and Serbia- Protest days

Eastern Approaches  Croatia and Serbia Protest days Apr 19, 2011

Analysis

Serbia Quarterly: Inflation remains the main concern

Unicredit  Apr 10, 2011

Analysis

Serbia Monthly Economic Report - April 2011

Raiffeisen Research  Apr 18, 2011

Blogs

CEE: whither the zloty, leu and forint?

Financial Times  Stefan Wagstyl Apr 15, 2011

Analysis

Serbia: Private and state debt on standstill

Raiffeisen Research  Apr 12, 2011

Analysis

Serbia: The highest monthly inflation since the initial CPI use

Raiffeisen Research  Apr 12, 2011

Analysis

Eastern Europe: Recovery in labour markets

European Bank for Reconstruction and Development  Franziska Ohnsorge and Marilyn Polena Apr 11, 2011

Analysis

Serbia: Interest rate hike by 25bp to 12.5%

Raiffeisen Research  Apr 07, 2011

Analysis

Serbia: Current account deficit doubled in January

Raiffeisen Research  Apr 06, 2011

Analysis

CEE Quarterly 2Q2011: Serbia

Unicredit  Goran Šaravanja Apr 06, 2011

News

Serbia: Quarterly Gross Domestic Product, at constant prices 2002 - 4th Quarter 2010

Statistical Office of the Republic of Serbia  Mar 31, 2011

News

Serbia May Cancel Telekom Srbija Sale, Seek to Sell Debt to Trim Deficit

Bloomberg  Gordana Filipovic Mar 27, 2011

Analysis

Serbia: Revision of our exchange rate forecast

Raiffeisen Research  Mar 24, 2011

Blogs

Serbia: South Stream for sure?

Financial Times  Neil MacDonald Mar 24, 2011

Analysis

Serbia: External debt stock moving substantially downwards

Raiffeisen Research  Mar 16, 2011

Analysis

Serbia:Imports growth catching up for the lost in H1 2010

Raiffeisen Research  Mar 16, 2011

Analysis

Serbia: Interest rate hike by 25bp to 12.25%

Raiffeisen Research  Mar 10, 2011

Analysis

Standard&Poor’s upgraded sovereign rating for Serbia

Raiffeisen Research  Mar 16, 2011

Analysis

Serbia: Market Weekly Report- March 14, 2011

Raiffeisen Research  Mar 14, 2011

News

Serbia and Kosovo hold talks

Financial Times  Neil MacDonald Mar 09, 2011

Analysis

Serbia: Unbroken positive drift in industrial production

Raiffeisen Bank  Mar 01, 2011

Analysis

CEE Financial Market Survey: March 2011

ZEW, Erste Bank (free registration required)  Mar 01, 2011

Blogs

Serbia to IMF: More reforms coming

Financial Times  Neil MacDonald Mar 01, 2011

Analysis

Serbia Long-term outlook February 2011

Erste Bank (free registration required)  Feb 25, 2011

Analysis

Serbia inflationary pressures still strong

Raiffeisen Bank  Feb 24, 2011

Analysis

Serbia: Inflationary pressures still strong

Raiffeisen Research  Feb 24, 2011

Research

From Crisis to Recovery: Sustainable Growth in South East Europe

South East European Studies at Oxford (SEESOX)  Max Watson, Edited by Othon Anastasakis and Jens Bastian Jan 31, 2011

Analysis

Serbia: Inflation Report – February 2011

National Bank of Serbia (NBS)  Feb 16, 2011