Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children
The Ministry of Health in Gaza: Gaza's hospitals recorded six deaths due to starvation and malnutrition in the past 24 hours, all of them adults
Informed sources to Al Mayadeen: A new chapter in relations between Iran and the International Atomic Energy Agency will begin within the framework of the new law passed by Parliament

Serbia pays high price for not sanctioning Russia: Vucic

  • By Al Mayadeen English
  • Source: Agencies
  • 15 May 2022 19:18
3 Min Read

Belgrade foots its foot down and commits to an "independent foreign policy."

  • x
  • Serbia's President Aleksandar Vucic gestures during conference of the Open Balkan summit at the Palace of Brigades in Tirana, Albania December 21, 2021. (Reuters)
    Serbia's President Aleksandar Vucic gestures during a conference in Tirana, Albania, December 21, 2021 (Reuters)

Serbia is paying a high price for not jumping on the bandwagon of sanctions that have been imposed by the West on Russia, according to Serbian President Aleksandar Vucic. 

"The price we are paying is enormous. We effectively have no access to the capital market ... There is an issue of loans, the so-called roll-overs, given the situation in Ukraine, [Serbia will] have a forced deficit of 3 to 4% and will have to offset it as well ... In the end, all this hits salaries and pensions," Vucic said on TV Prva, Serbian TV channel. 

The president stressed that Serbia will act independently when it comes to its relations with Russia, and will fight to remain independent when it comes to its foreign policy. 

Belgrade, according to the president, refrained from sanctioning Russia "out of self-respect, out of respect to our country, to the principles of international law." 

Related News

Putin, Macron discuss Iran, Ukraine crisis in first call since 2022

Putin-Trump meeting in Istanbul requires mutual consent: Kremlin

He added that the decision was not motivated by energy trade, namely gas price incentives offered by Moscow, since Serbia is losing money due to the drying up of foreign direct investment and other factors is a lot more than the losses it would sustain if gas prices were higher.

Read more: Finland: Politicians warned that Russia will cut off gas pipeline

Srbijagas, Serbia's state-owned provider for natural gas, has a functional contract with the Russian Gazprom, with total trade of 6 million cubic meters of gas per day. Though the contract will be expiring on May 31, Serbia hopes to issue a new agreement for the next 10 years.

"My point is to tell the people that we are suffering a lot and terribly because of not introducing sanctions against the Russian Federation. I have no illusions, we would have lived much better if we did. We didn't, because we are acting as an independent country," Vucic said.

Though Vucic said that words should not be interpreted as an announcement for restrictive measures, on May 5, he reaffirmed Serbia's commitment to remaining a neutral state after meeting with Olaf Scholz.

Serbians early March rallied in Belgrade in support of Russia and Serbia has recently vocalized its refusal to join NATO, citing the 1999 killing of Yugoslavian children. 

Vucic, who has recently assumed office for the second term in April, also vowed to prosecute any volunteers participating in the war in Ukraine. 

  • Ukraine crisis
  • Serbia
  • Russian special military operation
  • Russia
  • Ukraine

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS