Strengthening of the institutional capacities of the National bank of Serbia (NBS) in the process of EU accession

Serbia

Country

24 MONTHS

Duration

800.000 €

Budget

DE, HR, RO

Member States

With the year 2012, the Republic of Serbia became an official candidate for the membership of the European Union (EU). One year later, in 2013, the Stabilization and Association Agreement (SAA) between the EU and Serbia entered into force and accession negotiations began subsequently in 2014. A central role within this negotiation process has been contributed to the National Bank of Serbia (NBS) as a guarantor for macroeconomic stability. Being of fundamental importance for the transformation of Serbia from a centrally planned to a free market economy in the course of European integration, the NBS takes part in nine negotiating groups relating to the EU acquis.

The Twinning Project “Strengthening of the institutional capacities of the National bank of Serbia (NBS) in the process of EU access” contributes to this line of ambitious political and economic reforms in order to implement the SAA.

The German-Croatian-Romanian consortium consists of the Deutsche Bundesbank, the Croatian National Bank and the National Bank of Romania.

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