SERBIA
Ruling SNS scores landslide victory in the December snap elections, cementing President Vučić’s authority, but tensions remain high amid protests over their result
Broader economic policy continuity is expected after the elections
A normalization in Serbia-Kosovo relations, a sine qua non condition for EU accession, seems a distant prospect
NORTH MACEDONIA
Economic activity should firm gradually through the course of 2024, driven by public investment and wage-driven private consumption, with full-year GDP growth accelerating to a still modest 1.9% from 1.3% in 2023
The political factor has come to the forefront
APPENDIX:
DETAILED MACROECONOMIC DATA
REGIONAL SNAPSHOT: MACROECONOMIC INDICATORS & FINANCIAL MARKETS
Southeastern Europe & Mediterranean Emerging Market Economies: Bi-Weekly Report 19 December 2023 - 8 January 2024