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Student List wins majority as Vučić withdraws from presidential race

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The Republic Electoral Commission has confirmed the final results of the repeated parliamentary elections, with the Student List securing a commanding 53.01% of the votes. This outcome marks a significant political shift, as the Student List is now poised to form the new government, ending the Serbian Progressive Party's long-standing majority.

In the wake of this defeat, former President Aleksandar Vučić, whose 'United Serbia' list received 38.98% of the votes, expressed his disappointment and announced that the Serbian Progressive Party (SNS) will not contest future presidential elections, deeming it a 'farce.' The victory of the student-led movement has garnered international attention, with one prestigious scientific journal even suggesting it could lead to the 'smartest parliament in the world.'

Meanwhile, Alta Bank faces international scrutiny following a Financial Times report on suspected money laundering, with Russian citizens reportedly holding savings there. Separately, the Kareja Institute has filed a criminal complaint against several officials, including First Deputy Prime Minister and Minister of Finance Siniša Mali, and Minister of Mining and Energy Dubravka Đedović Handanović, concerning EPS. Additionally, arrests have been made for alleged vote buying for the SNS party.

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Student List Secures Parliamentary Majority, Vučić Reacts to Defeat

The Republic Electoral Commission has announced the final results of the repeated parliamentary elections, confirming a decisive victory for the Student List with 53.01% of the votes. The United Serbia list, led by former President Aleksandar Vučić, secured 38.98%. Following this outcome, Vučić, who had resigned as president to run for prime minister, conceded defeat and stated that his Serbian Progressive Party (SNS) will not participate in future presidential elections. The Student List's…

Alta Bank Under International Scrutiny Amid Collapse

Alta Bank has collapsed, with a Financial Times report indicating it is now under international investigation for suspected money laundering. Russian citizens are reportedly among those who stored their savings at the institution. Following these developments, Informatics Novi Sad has announced that its account with Alta Bank is no longer active.

Criminal Complaints and Vote Buying Allegations Emerge

The Kareja Institute has filed a criminal complaint against multiple officials from EPS, including First Deputy Prime Minister and Minister of Finance Siniša Mali, Minister of Mining and Energy Dubravka Đedović Handanović, and Macura. Separately, individuals have been arrested on suspicion of buying votes for the SNS party, with evidence of 30,000 units of currency prepared for six voters.

Belgrade Waterfront Investor Sells Apartment, Media Outlets Consolidated

Mohamed Alabbar, the investor behind Belgrade Waterfront, has sold an apartment in the local development, though he plans to retain his villa in Dedinje. In other business news, the owners of Alo and Informer, Saša Blagojević and Dragan J. Vučićević, have reportedly acquired nearly 25 media outlets across the country, including a network of local televisions.