Serbia

Serbian President Vucic anticipates challenging developments with Kosovo nearing PACE membership, expecting developments within 48 hours that may threaten Serbian interests. That follows a committee of the Parliamentary Assembly of the Council of Europe endorsing Kosovo’s application, with a full assembly review set for April 18. Vucic’s concerns are rooted in Serbia’s non-recognition of Kosovo’s independence and its opposition to Kosovo’s international participation, such as in the EU/PACE. Meanwhile, Serbia’s central bank governor reported a faster-than-expected inflation decline, projecting a return to the 1.5-4.5% target range by May.