Serbia plans to invest €1bn in the next five-to-seven years to improve its energy facilities and meet the EU’s environmental safety standards, the Mining and Energy Minister Aleksandar Antic said on October 28.
The ultimate goal of Serbia is to make all its energy facilities compliant with EU environmental standards, Antic said as quoted in a statement. The country hopes to become an EU member in 2025.
Serbia has committed to produce 27% of its domestic power needs from renewable energy sources by 2020.
Serbia is among the top air polluters in Europe due to the outdated units of the Nikola Tesla and Kolubara coal-fired plants, according to a report released by environmental NGO Health and Environment Alliance (HEAL) in February.
The report noted that Serbia and Bosnia & Herzegovina hold most of the places in this ranking where the third largest polluter is Serbia’s Nikola Tesla A, followed by Bosnian Kakanj and Serbian Kostolac A and Nikola Tesla B.
Markets, meanwhile, draw breath as Erdogan prepares for November 13 White House meeting with Trump. Betting is that the two strongmen will reach an accommodation.
The National Anti-Corruption Bureau (NABU), the country's main anti-graft agency, has detained former deputy governor of the National Bank of Ukraine (NBU) Oleksandr Pysaruk among seven people who have been accused of embezzling UAH1.2bn ($49mn)
Mister Auto released a survey of which cities in the world are the best and worst to drive in that found Moscow has the second highest road rage index in the world, after only Ulaanbaatar.
A Moscow court extended the pre-trial detention of the remaining two partners in the Baring Vostok fund, Ivan Zyuzin and Vagan Abgaryan, until January that worked with Russia’s top fund manager Michael Calvey.
Moldova’s parliament is poised to vote on the no-confidence motion submitted by the Socialist Party of President Igor Dodon against the government of Prime Minister Maia Sandu.