Dun & Bradstreet retains Serbia's rating of DB4d
07. December 2010. | 06:37
The report also said that Serbia is developing new and more sustainable growth models in the post-crisis period based on the increase in export and investments rather than increase in domestic consumption.
In late October, the EU unanimously agreed to consider Serbia's EU candidacy bid, requesting from the European Commission (EC) to consider Serbia's readiness for the candidate status which represents an important step toward the EU membership, the statement reads.
Although great differences are still to be settled before negotiations on Serbia's accession are opened (Serbia has to solve numerous important issues in several key areas such as the rule of law, justice reforms, consolidation of institutions of market economy and regional cooperation), this is a very positive course of events, the D&B report reads.
The D&B pointed out that the EU membership will contribute to policy creation, strengthening of the reform process and creation of an investment-friendly environment.