In the first half of the year, approximately half a billion euros flowed into Serbia from abroad, with the majority coming from Croatia, while approximately 229 million euros flowed out, writes Belgrade’s Večernje novosti on Monday.
Citing data from the National Bank of Serbia (NBS), the newspaper reports that approximately 104.3 million euros arrived from Croatia in the period from January to June. At the same time, the highest outflow of euros from Serbia was also to Croatia.
– The largest inflow for the first six months of this year is from Croatia, 104.3 million euros, as shown by the data from the National Bank of Serbia. However, the highest amount of money that flowed out of Serbia was also to this country, more than 117 million euros – writes Večernje novosti.
The newspaper assesses that a greater outflow than inflow of money from Croatia ‘is not surprising given the numerous Croatian companies operating in Serbia’.
– This is also evidenced by the fact that, when it comes to Croatia, as much as 111.57 million euros is recorded as ‘outflow based on investments by foreign citizens and companies in Serbia’ – comments the newspaper.
Večernje novosti also notes that Serbia has a significant negative balance in investment exchanges only with Denmark, from where only 300,000 euros arrived, but 40.36 million euros flowed out, which is explained by the fact that Danes own a significant part of Serbia’s brewing industry.
Otherwise, NBS data shows that Serbia, along with Croatia and Denmark, has a negative balance in direct investments with another 14 countries, but these are, individually, below one million euros.
The largest net inflow Serbia has is with Hungary (43.69 million euros), followed by the Netherlands (43.62 million euros), and inflows above 40 million have also been recorded from Romania and Austria.
