NIS Requests New License from the U.S. Department of the Treasury to Postpone Sanctions
The company NIS has submitted a new request to the U.S. Department of the Treasury for the issuance of a special license that would postpone the full implementation of sanctions and allow the company to continue its operational activities without interruption after September 26, when the deadline se
President of Serbia, Aleksandar Vucic, stated that salaries for workers in the education and healthcare sectors will be increased by 5% starting October 1st .
The Higher Court in Novi Sad has rejected the prosecution's request to place 13 suspects in custody in the case concerning the collapse of the canopy at the Railway Station in Novi Sad, where 16 people were killed and one person seriously injured.
The company also submitted a request to the U.S. Department of the Treasury on March 14 to be removed from the SDN List (Specially Designated Nationals), which is a complex and lengthy process.
So far, the full implementation of sanctions against NIS has been postponed six times on the basis of special licenses issued by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury.
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President Aleksandar Vucic stated that he hopes Serbia will be able to purchase at least an additional five percent stake in Naftna Industrija Srbije (NIS) in the coming period, which would give the state full oversight and influence over the actions of the majority owner.
First Deputy Prime Minister and Minister of Finance Sinisa Mali stated that major construction works on the Belgrade metro stations are expected to begin this year and announced that the first metro line will be completed by 2030.
Serbian Patriarch Porfirije officiated the Christmas morning liturgy at the Church of Saint Sava in Vracar, concelebrating with bishops and clergy from Belgrade churches, and extended Christmas greetings to the faithful with the joyful traditional salutation: “Peace of God, Christ is Born!”
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