Serbia: European integration, energy, war in Ukraine

The path of economic growth and development of Serbia, a country with a modern, diversified and outward-looking economy, depends at the same time on the fundamental reforms of its energy model, developments in the global economic environment, and a hypothetical rapid
integration into the European Union (EU).

Serbia’s integration into the EU, the official governing principle of the ruling party despite its ambiguous rhetoric, could be the catalyst for stronger growth. But the convergence towards EU standards poses major challenges for the Government, starting with the strengthening of electoral democracy, the judicial system and the freedom of the media, along with the normalization of relations with neighboring Kosovo.