News 
Telekom Srbija
27. 10. 2008.
The General Manager of Telekom Srbija has stated it is unlikely the company will be privatized before 2010 due to the present crisis in global financial markets. Although the state has selected an Adviser for an IPO due initially for mid 2009, Minister of Economy, Mladjan Dinkic has indicated this may also be postponed until 2010, again for the same reason. In related news the Serbian Dinar has hit a 2008 year low to the Euro today.
Fiat
29. 09. 2008.
Fiat Group Automobiles S.p.A. today signed a Joint Venture Investment Agreement with the Serbian Government in relation to Zastava Automobili Kragujevac. Harrisons’ were sole advisers to Fiat, in what the Minister of Economy described as the “Deal of the Century” for Serbia. Zastava is the Serbian National Car Producer and the Agreement envisages joint investments of over 1 Billion Euros.
SAA
05. 09. 2008.
The Serbian Parliament agreed yesterday on the necessary legislation to ratify the Stabilization and Accession Agreement (SAA) with the European Union, which is the first phase towards Serbia’s membership of the EU. Tied to the SAA is an interim trade deal which will provide Serbia with many pre-accession benefits. This is an important first step for Serbia on the EU road.
Government
08. 07. 2008.
A new Government was elected by the Serbian Parliament yesterday and holds its first session today. Mirko Cvetkovic, former Finance Minister is the new Prime Minister. The Government is formed by a coalition of the Pro-European Parties and the Socialist Party. The first task of the new Government will be to ratify the SAA with the European Union. Most analysts view this Government as presenting Serbia with the greatest chance of European integration and higher investment.
Government
24. 06. 2008.
The Main Board of the Socialist Party of Serbia (SPS) has voted to form a Government with the coalition headed by the Pro-European Democratic Party. The Prime Minister will come from the DS, whilst the Parliamentary Speaker will be from the SPS. Assuming the Liberal Democratic Party supports the Government in Parliament, the new Government will have a majority of 142 seats against 108 seats. It is presently hoped the new Government could be in place by this coming weekend.