img
loader
White City, 28°C
Time Logo
  • Sign up
  • Subscription
0
  • Newest
  • Politics
  • Economy
  • Society
  • The World
  • Culture
  • Mozaik
  • Comment
  • Printed edition
  • Archive
  • Newsletter
  • Podcast
  • Newest
  • Politics
  • Economy
  • Society
  • The World
  • Culture
  • Mozaik
  • Comment
  • Printed edition
  • Archive
  • Newsletter
  • Podcast

Latest Edition

Add to cart

Sanctions to NIS

New economy: Who is to blame for the unpredictable future of NIS?

June 12, 2025, 18:46 PM KS
The oil industry of Serbia Photo: FoNet/NIS
The oil industry of Serbia
Copied

The introduction of sanctions on the Serbian oil industry has been announced since the beginning of the year, and several delays followed. What citizens say, who is to blame for the unpredictable future of NIS

Citizens of Serbia (45 percent) for an unpredictable future Oil Industry of Serbia (NIS) are held responsible United States, and the least "wrong" Russia, shows research by the Lidington Research organization.

Serbia is in second place with 30,9 percent as responsible, while Russia is only in third place with 8,7 percent, according to research data, he writes for The new economy Katarina Pantelic.

Those who are not sure who is responsible for the current situation with NIS are 15,5 percent.

"People who vote for the opposition parties mostly blame Serbia for the situation with the NIS, while those who vote for the ruling parties blame the USA for the current situation," said Lidington Research representative Dimitrije Milić at the conference organized by the Institute for European Studies.

Who are Serbia's main economic partners?

When it comes to Serbia's economic partners, the surveyed citizens, 1.256 of them, believe that the European Union is the main economic partner of the country (40,7 percent), 39,4 percent of them believe that it is China, while 18,3 percent believe that it is Russia. A small percentage of citizens believe that the USA is Serbia's main economic partner.

On the other hand, the results are almost identical when it comes to the perception of who should be Serbia's main economic partner.

The EU is in first place with 33,8 percent, followed by China with 31,7 percent, Russia with 28,6 percent and the USA with 5,8 percent.

And what about foreign investments?

Only 21 percent of respondents believe that foreign investments in Serbia have a very positive impact on the local economy of Serbia.

36 percent of them believe that this influence is somewhat positive, while 12,4 percent of respondents believe that foreign investments have no effect on the local economy.

There are 14,6 percent of citizens who think that they have a very negative effect, eight percent are somewhat negative, and eight percent are not sure about this issue.

What is your standard of living?

The research that was carried out also included the question concerning the standard of living of citizens, so 31 percent of them believe that their standard of living remained the same as the previous year at the same time.

23,7 percent of them believe that the standard of living is somewhat worse, 17,9 percent that it is significantly worse, while the fewest think that it is significantly better - 11,9 percent.

Director of the Institute for European Studies Slobodan Zečević said that citizens perceive China as an equal partner with the EU, which, he says, is not true.

"Citizens believe that the EU is not Serbia's main partner because of some infrastructure investments. When you look at the exchange of goods with China, it is smaller than the one with Germany. The citizens say that we should be with those who love us, which are the Russians. No political party in Serbia that came to power chose that course. Why? Because it is absolutely unrealistic. We cannot have a system like Russia has. We do not like dictatorships, firm hands, that is not our style and way of life." Zecevic added.

Source: New Economy

Tags:

US sanctions NIS The oil industry of Serbia NIS United States Serbia
Copied

In between

What is happening in the country and the world, what is in the newspapers and how to pass the time?
Every Wednesday at noon In between arrives by email. It's a pretty solid newsletter, so sign up!

More from the Economy section

Jovanjica

12.July 2025 BB

New economy: NBS data show that "Jovanjica" is no longer blocked

As can be seen on the NBS website, the blockade ended on July 10

Public notaries

12.July 2025 Novak Markovic

Notary services became more expensive, some more than double

The Government of Serbia has adopted a new notary tariff on which the value of a point has now increased from 150 to 180 dinars, which is an increase of 20 percent. In addition, certain fees are now twice as expensive as they were

Transparency Serbia

11.July 2025 BB

"The contract on the construction of the Prokop station is even more harmful than thought"

The planned procurement of works to strengthen the platform beams at Prokop shows that the state will bear additional costs in order to make the railway station safe for use

State debts

11.July 2025 MLJ

New economy: NBS borrowed three billion euros with a very unfavorable interest rate

On July 9, at the 27th securities auction, the National Bank of Serbia borrowed 360 billion dinars (3,07 billion euros) on the repo market by selling treasury bills.

Donald Trump informed the leaders of 14 countries about the new tariffs

US Customs

08.July 2025 KS

Trump: Serbia's tariffs of 35 percent from August 1 - what are the consequences for our economy

After the announcement of the introduction and the delay, a new date has arrived from when America will introduce sanctions on imported goods. According to the new announcement of US President Donald Trump, customs duties will come into force on August 1, and for Serbia they have been reduced by two percent compared to the previous announcement.

Comment

Overview of the week

Praise for neutrality

If we are neutral while students are being imprisoned, girls and boys are being beaten for God's justice, democracy is being suppressed, dissenters are being dehumanized, corruption is continuing that kills and many other evil things are being done - then nothing  

Philip Schwarm

Comment

Fires and floods in the realm of corruption

Serbia is not ready for fires, storms and floods, but President Aleksandar Vučić is ready to turn everything into propaganda

Nemanja Rujevic

Comment

Police torture: Why are the prosecutor's office and the MUP pretending to be crazy?

A policeman and a policewoman were filmed pulling a student's hair in an attempt to extort her. It is a classic example of torture, a gross violation of the law for which they would have to bear the consequences

Davor Lukacs
See all
Time 1801
Last edition

MUP and citizens

Everything you need to know about police at protests subscribe
Opposition on the streets

Unity, but partial

Thompson in Zagreb

The most massive pro-fascist rally after the Second World War

Culture of memory: Students and the police

The repressive dream of every dictatorship

Interview: Dušan Strajnić Dukat, group "Oxajo"

It's best when the song overcomes me

See all

Archive

The archive of the weekly Vreme includes all our digital editions, since the very beginning of our work. All issues can be downloaded in PDF format, by purchasing the digital edition, or you can read all available texts from the selected issue.

See all
Time 1801 09.07 2025.
Time 1800 02.07 2025.
Time 1799 25.06 2025.
Time 1798 19.06 2025.
Time 1797 11.06 2025.
Time 1796 04.06 2025.
Time 1795 28.05 2025.
Time 1794 21.05 2025.
Time 1793 15.05 2025.
Time 1792 07.05 2025.
Time 1790-1791 23.04 2025.
Time 1789 16.04 2025.

In between

What is happening in the country and the world, what is in the newspapers and how to pass the time?
Every Wednesday at noon In between arrives by email. It's a pretty solid newsletter, so sign up!

Time Logo
  • Editorial office
  • Subscription
  • Marketing
  • Terms of use
  • Newsletter
  • Projects
Follow us:

© 2025 Time, Belgrade. Developed by cubes

Mastercard Teacher View Dina American Express Understanding WSPAY Visa-Secure Mastercard Secure