World Bank

Jadrolinija Secures World Bank Loan For Fleet Modernisation

Jadrolinija has secured financing from the World Bank to modernise its fleet and improve maritime transport services in Croatia. The investment will support the acquisition of new vessels...

Pljevlja Named Core Of Montenegro’s Just Energy Transition

The meeting was convened at the initiative of Energy and Mining Minister Admir Šahmanović, who described Pljevlja as central to Montenegro’s future energy strategy. Šahmanović...

EU and World Bank Sign €54 Million Grant for Western Balkan Transport

The European Union and the World Bank signed a €54 million grant agreement in Tirana on Friday to support safer and more sustainable transport...

North Macedonia and Bulgaria to Sign Agreement for Cross-Border Railway Tunnel

The ceremony will include representatives from the European Commission, EU and NATO diplomatic missions in Bulgaria, and major financial institutions such as the European...

Two Major Tourist Roads and Heritage Sites in Southern Albania to Be Completed by Mid-2026

Infrastructure and tourism development works in several Albanian tourist areas, financed through a World Bank loan, are expected to be completed by June 2026,...

Montenegro Launches First SEPA Transactions

Montenegro has officially become an operational member of the Single Euro Payments Area (SEPA), enabling citizens and businesses to send and receive euros across...

Montenegro Secures €80 Million Development Loan from World Bank for Economic Growth

Following Montenegro’s completion of challenging reforms jointly established with the World Bank, Finance Minister Novica Vuković has signed a Development Policy Loan (DPL) agreement...

Ivailo Izvorski, Chief Economist for the Europe and Central Asia, World Bank

Western Balkans on the Path to Sustainable Growth

The Western Balkans are showing signs of growth and resilience, with sectors like tourism and remittances rebounding, yet challenges from COVID-19 and inflation persist...

Western Balkans Urged to Invest $37 Billion to Combat Climate Change

The six economies of the Western Balkans must collectively invest at least USD 37 billion over the next decade to safeguard against the escalating...

By Dragan Županjevac, Retired Ambassador, Former Permanent Representative to the UN Environment Programme in Nairobi, Kenya

Running Late, but Catching Up

Global climate change, together with pollution and biodiversity loss, forms part of the planetary triple crisis, as defined by the United Nations Environment Assembly,...

KONTEH Marks 20 Years Connecting Students and Tech Industry 

One of Serbia’s most prominent student technology events returns this March, celebrating two decades of linking academia with the...

Artificial Intelligence Set to Reshape Job Market in Serbia

The rapid development of artificial intelligence is expected to significantly reshape the labour market, with experts warning that certain...

Over 230,000 Electronic Certificates Issued Since e-Bolovanje Launch

Since the introduction of the e-Bolovanje system, more than 230,000 electronic sick leave certificates have been issued in Serbia,...

Leadership Transition at Rimac Technology 

Rimac Technology, the internationally recognised Tier 1 automotive supplier, has announced key leadership changes designed to steer the company...

Bosnia and Herzegovina Advances Armed Forces Modernization

The Council of Ministers of Bosnia and Herzegovina has approved several multi-year modernization projects for the Armed Forces, including...
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