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PISA Test Begins in Serbia

The Programme for International Student Assessment, PISA testing started Tuesday in 170 schools in Serbia. In the next six weeks 6,500 students will be tested. PISA is a triennial worldwide test of 15-year-old school children’s scholastic performance, the implementation of which is coordinated by the Organisation for Economic Co-operation and …

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Serbia Reveals €1 Billion Saving Plan

The Serbian government has announced savings of €1 billion as part of its economic stability plan. Prime Minister Mirko Cvetkovic said on Tuesday that 85 per cent of budget savings will be generated by cutting costs and 15 per cent by increasing revenue. “Besides cheaper public administration, the new package …

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IMF Slashes Albania Growth for 2009

The International Monetary Fund has slashed its economic growth forecast for Albania. The IMF has revised its prediction of 2 to 3 per cent growth for Albania’s economy to between 0 and 1 per cent for the 2009 fiscal year. The new projection was announced on Tuesday by Gerwin Bell, …

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