Serbia – Media Review – September 22

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- The recession has come to a halt in Serbia and the International Monetary Fund will no longer ask the government in Belgrade to cut pensions, Deputy Prime Minister Jovan Krkobabic said. Serbia signed a two-year, 3.0 billion euro stand-by funding arrangement with the global lender in March.

DANAS

- Serbia has endorsed the proposal of tobacco producer Duvanska Industrija Bujanovac (DIB) to postpone plans for its sale. A tender for the sale of Serbia's 58% stake in DIB failed in July, the paper reported.

- The Serbian government’s debt to the private sector totals about 96 billion dinars, Dragoljub Rajic, the spokesman for country’s employers union (UPS), said.

($=0.6759 euro)