A 2022 change to Serbia's Law on Personal Income Tax allows high-earners to pay up to half of their annual tax obligation into an AIF instead of into the state coffers. The government says that the aim was to stimulate investment. Critics say it significantly reduces the amount of tax paid by wealthy investors.
An increase in defense spending has been most visible and sustained in Serbia. Over the past decade, there has been pressure to replace weapons inherited from the Yugoslav People's Army, while the political leadership has also recognized the political and symbolic value of such investments.
When the first Ukrainian-designed drone to be made in a German factory rolled off the production line last month, Volodymyr Zelenskyy knew it marked a turning point for the economy. With drone-making joint ventures also well advanced in Finland and Denmark, war-torn Ukraine has shown how its businesses can adapt and break out of their bomb-threatened domestic confines, becoming more integrated into the EU's industrial network with each passing day.
A significant number of Serbs do not recognize the legitimacy of the authorities in Pristina. Kosovo's government insists that the Law on Foreigners is simply a mechanism to ensure that residents have the correct documents. Many Kosovo Serbs, however, are convinced that the measure targets them and is designed to either make them foreigners in their own homes or force them out of Kosovo for good.
NOVI SAD, Serbia (AP) Thousands of people rallied on Saturday in Serbia as university students announced a new stage in their struggle against President Aleksandar Vucic's tenure after leading more than a year of mass demonstrations that shook his autocratic government in the Balkan country. Protesters in Novi Sad, chanting thieves, accused the government of rampant corruption that they believe also led to a November 2024 train station disaster in the northern city that killed 16 people and triggered the nationwide movement for change.
They threw everything they had at us [until] there were no more chairs to hurl at each other, Vucic recounted in a magazine interview 20 years later. Dinamo supporters then stampeded the pitch, where their team jumped into the fray, assaulting police officers, and the game was officially called off before it began.
Affinity Global Development, a company linked to Jared Kushner, the son-in-law of the US president Donald Trump, has withdrawn from the project. The decision came soon after Serbian prosecutors indicted Nikola Selaković, the country's minister of culture, alongside Slavica Jelača, a secretary at the ministry of culture; Goran Vasić, acting director of the Republic Institute for the Protection of Cultural Monuments; and Aleksandar Ivanović, acting director of the Belgrade City Institute for the Protection of Cultural Monuments.
Despite failing to get the deal done in the winter transfer window, AC Milan have no intention of giving up on Andrej Kostic. According to Corriere dello Sport (via MN24) this morning, Milan have continued work to try and get Kostic ahead of the summer. Discussions with Partizan Belgrade have continued, a sign that the management consider the young talent a top priority.
We request Croatia to enable the transport of Russian oil to Hungary and Slovakia via the Adria pipeline, as our sanctions exemption provides the possibility to import Russian oil by sea if pipeline deliveries are disrupted,
Founded in Slovenia in 2002, REAL Security operates in eight countries across the region, connecting cybersecurity vendors with VARs, MSPs and MSSPs in Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Kosovo, Montenegro, Albania, and North Macedonia. The firm is known for its focus on emerging technologies such as AI, machine learning, and blockchain, and as the organizer of the regional cybersecurity event, RISK.
Germany and Italy are deepening defense and economic cooperation with the leaders of the two countries signing an agreement in Rome. German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni agreed on closer cooperation in the production of drones, naval vessels, underwater systems and air and missile defense systems. The leaders are also looking to collaborate in the development of electronic warfare and aerial combat defense systems.
University students have proposed banning corrupt officials from politics and investigating their wealth. Thousands of people have rallied in the Serbian city of Novi Sad, as university students who have led more than a year of mass demonstrations pledged to continue fighting against endemic corruption during the tenure of right-wing nationalist President Aleksandar Vucic. Protesters, chanting thieves, accused the government of rampant corruption.
After months of mounting pressure on independent media, academic institutions and NGOs, Serbia's ruling majority has turned its attention to the judiciary. In an expedited procedure, without public debate or consultations and bypassing established legislative standards, the Serbian parliament last week adopted a package of amendments to core judicial laws that critics say threatens the independence of the country's judiciary.
After nearly two decades of negotiations, India and the European Union announced Tuesday they have reached a free trade agreement to deepen economic and strategic ties. The accord, which the EU chief described as the "mother of all deals," could affect as many as 2 billion people. The deal between two of the world's biggest markets comes as Washington targets both India and the EU with steep import tariffs, disrupting established trade flows and pushing major economies to seek alternate partnerships.
The deal would forge a market of two billion people and nearly a quarter of global GDP, according to the European Commission. Follow DW for more. EU and India conclude trade negotiations after nearly two decades of on-off negotiationsImage: Altaf Hussain/REUTERS Skip next section What you need to know EU and India have finalized a trade deal after nearly two decades of negotiations
Major agreement reached after 20 years of negotiations and during ongoing tensions with the US. New Delhi, India India and the European Union have signed a free trade agreement that both sides have hailed as the mother of all deals. The agreement, announced on Tuesday, came together over nearly two decades of intermittent negotiations and during a geoeconomic crisis triggered by United States President Donald Trump's trade war.