27 percent of energy to be from renewable sources by 2020"
Only 23 percent of electrical energy produced in Serbia each year comes from renewable sources, says Minister of Mining and Energy Aleksandar Antic. And our goal is to be using 27 percent of renewable energy by 2020, Antic said on Monday, Beta agency reported.
Permit for TurkStream requested from Energy Agency – Completion in 2020?
The director of Srbijagas, Dusan Bajatovic, stated that Serbia was preparing for the construction of TurkStream and that everything was being done in line with European rules. Bajatovic stated on TV Prva that a permit for the construction of TurkStream through Serbia had been requested from the Energy Agency of Serbia and that the project is now being considered by the Energy Community, which has 60 days to make the decision on the matter.
Average net salary in Serbia in September RSD 47,920
Average gross salaries and wages calculated for September 2018 amounted to RSD 66,251, while average net salaries and wages amounted to RSD 47,920, the Statistical Office of the Republic of Serbia announced. The cumulative growth of gross salaries and wages in the period January-September 2018 compared to the same period last year was 5.7% in nominal terms and 3.7% in real terms. At the same time, net salaries and wages increased by 6.2% in nominal terms and by 4.2% in real terms.
Negotiations with Chinese on Belgrade-Zrenjanin highway held
Serbian Minister of Construction, Transport and Infrastructure Zorana Mihajlovic talked with representatives of China’s Shandong about the potential cooperation within the new project of the construction of the Belgrade-Zrenjanin highway. She emphasized that the priority in this phase of the realization of the new project was to prepare the entire project-technical documentation and that potential models of funding the construction of the highway would be discussed in the next period.
Dow and S&P 500 rise on hopes for a US-China trade truce, European markets close lower amid fresh trade concerns
Stocks closed higher after a choppy session on Tuesday as comments from President Donald Trump's top economic advisor sparked some hope the U.S. and China will strike a compromise on trade. The Dow Jones Industrial Average rose 108.49 points to 24,748.73, while the S&P 500 gained 0.3 percent to end the day at 2,682.20. The Nasdaq Composite just above the flatline at 7,082.70. At its low of the day, the Dow dropped more than 200 points.
Shares of General Motors dropped 2.5 percent to their session low after Trump tweeted the administration is considering cutting the company's subsidies after closing several plants in the U.S.
European stocks dropped on Tuesday afternoon, as investors monitored a number of political events including Brexit and Italian budget plans, and digested further comments from President Donald Trump. The pan-European Stoxx 600 provisionally closed 0.2 percent lower with the various sectors taking different directions. Autos and Basic Resources were the worst-performing sectors, on the back of ongoing trade concerns.
Different European banks were also below the flatline, after various rating downgrades by Morgan Stanley. Metro Bank dropped 1.2 percent, BBVA fell 3.2 percent.