Belgrade - Serbia's ruling coalition overcame internal strife over where to cut spending and has agreed on a 15-month, 520- million dollar standby credit with the International Monetary Fund (IMF), Finance MInister Diana Dragutinovic said Friday.
Within the deal, Serbia must cut spending to keep the 2009 budget deficit under 1.5 per cent of the gross domestic product and the annual inflation rate at 8 per cent.
A standby credit means that through March 2010 Serbia may draw the funds if its macroeconomic stability becomes jeopardized.
Belgrade - The triumph of two Serbs at the Shanghai Masters over the weekend, two players on top of global rankings and another two with the throne in sight at the close of the tennis season drove Belgrade newspapers deeper into euphoria on Monday.
Belgrade - A Royal Jordanian jet airliner safely made an emergency landing in Belgrade Saturday late afternoon, Serbian television RTS reported.
Belgrade - The Serbian government postponed its regular meeting Thursday, amid tensions in the volatile ruling coalition over excessive spending plans made before the financial crisis exploded.
Belgrade - Serbian bishops on Wednesday asked their ailing Patriarch Pavle to remain at the helm of the Serbian Orthodox Church, effectively turning down his plea to be relieved of his duties.
New York - UN Secretary General Ban Ki-moon urged the Kosovo government to show flexibility and agree to a revamped UN mission there following its secession from Serbia.
