The most comprehensive coverage of business news from Serbia Issue no. 2796 - Belgrade, Tuesday Jun. 18, 2013

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•  UAE’s Etihad Airways inks memorandum of understanding with Jat Airways, could place offer for minority stake in Serbia’s national airline in 30 days, CEO says. •  Ruling coalition agrees details of fiscal consolidation measures, as SNS’ economic council coordinator believes Telekom Srbija should not be sold this year. •  Belgrade, Pristina exchange liaison officers; prime ministers to meet with EU foreign policy chief this Thursday to discuss implementation of April accord. •  Bank association’s managing board accepts NBS’ recommendations for helping borrowers repay Swiss franc-tied home loans.				•  Serbia should take steps to bring other major retailers to local market in face of Agrokor-Mercator merger, trade ministry official says. •  Banca Intesa top bank by total assets, profit in 2012, publication Finansije Top shows. •  Goldman Sachs interested in crude oil storage facility construction in Serbia, inquires about other projects, energy ministry says. •  Dinar continues winning run against euro. •  Furniture giant IKEA to adjust prices of its products in line with purchasing power in Serbia, spokesperson says. •  Bor’s EWG opens factory for instruments, devices for advanced metering infrastructure systems in EUR 8 million investment. •  Sberbank Srbija, insurer SOGAZ ink cooperation deal. •  Product safety council holds inaugural session. •  Tax Administration finds irregularities in 68% of stores regarding fiscal receipt issuance. •  Ministry invites small businesses, entrepreneurs, cooperatives to apply for grants for co-financing equipment, machinery, parts, tool procurement. •  Total loan debt inches down 0.2% in May. •  Publisher Novosti widens consolidated net loss to RSD 136.3 million in 2012. •  Average monthly household income at RSD 54,800, expenditure at RSD 52,930 in Q1. •  Belgrade stocks go down. •  BSE indexes continue to lose ground last week.		Country Currency Median Exchange rate (CSD) EU 1 Euro 113.7542 Australia 1 Dollar 81.0561 Canada 1 Dollar 83.6674 Denmark 1 Crown 15.2469 Japan 100 Yen 89.8674 Norway 1 Crown 14.8224 Sweden 1 Crown 13.1494 Switzerland 1 Franc 92.2506 Great Britain 1 Pound 133.7341 USA 1 Dollar 85.1964 Belgrade, Monday Jun. 17, 2013 Click here to see latest trades.
Tuesday, June 18 Sunny. Low 21º C. High 35º C.				Wednesday, June 19 Sunny. Low 21º C. High 35º C.
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