Misha Savic

Croatia's premier said European Union leaders will seek a solution to help Serbia steer clear of sanctions targeting a key oil refiner controlled by Russia's

Terraform Labs Pte. co-founder Do Kwon will be handed over to the US for prosecution, the government of Montenegro said, potentially ending a standoff over competing extradition demands by the US and Kwon's native South Korea.

Montenegro said on Tuesday it completed the extradition of crypto mogul Do Kwon to the United States, Prime Minister Milojko Spajic said.

(Bloomberg) -- Montenegro said on Tuesday it completed the extradition of crypto mogul Do Kwon to the United States, Prime Minister Milojko Spajic said.

Montenegro extradited crypto mogul and Terraform Labs Pte. co-founder Do Kwon to the US, ending a standoff over competing extradition demands by the US and his native South Korea.

Serbia kept borrowing costs unchanged for a fourth month, opting for caution as factors including public wage and pension increases maintain pressure on prices.

Serbian President Aleksandar Vucic called a US decision to sanction Naftna Industrija Srbije, the country’s sole refiner that’s controlled by Gazprom, very harsh and said “some kind of transaction” will be needed to ensure its functioning.

(Bloomberg) -- Serbian President Aleksandar Vucic called a US decision to sanction Naftna Industrija Srbije, the country’s sole refiner that’s controlled by Gazprom, very harsh and said “some kind of transaction” will be needed to ensure its functioning.

Serbia can pay Gazprom Neft PJSC and Gazprom PJSC to exit the Balkan country’s only refiner in order to preserve local fuel production after it became ensnared in new US sanctions on Russia’s oil industry.

Hi, this is Misha Savic in Belgrade and Gresa Kraja in Pristina. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here.