Market
What will be the impact of NIS sanctions on Serbia's GDP by the end of 2025?
2
Resolution / Starting Odds
GDP decreases by more than 1% • 25%
GDP decreases by 0.5% to 1% • 25%
GDP remains stable • 25%
GDP increases • 25%
Serbian government economic reports or international financial assessments
Story
U.S. Sanctions Serbia's NIS, Sole Refiner Controlled by Gazprom Neft, Requires Exit in 45 Days
Jan 10, 2025, 04:36 PM
The U.S. Treasury has imposed sanctions on Serbia's Naftna Industrija Srbije (NIS), the country's sole oil refiner, due to its control by Russian energy giant Gazprom Neft. This action is part of a broader initiative targeting Russian energy producers. Serbian President Aleksandar Vucic has described the sanctions as the harshest ever imposed on a Serbian company, indicating a significant blow to Serbia's international standing. The sanctions require Gazprom Neft to divest its ownership in NIS within 45 days. NIS generates approximately $3 billion in annual revenue, highlighting the economic impact of these sanctions on Serbia's energy sector.
View original story
Similar markets
No change • 25%
Decrease • 25%
Increase • 25%
Data unavailable • 25%
Sanctions fully implemented • 25%
Sanctions lifted • 25%
Sanctions delayed • 25%
Sanctions partially implemented • 25%
Minor negative impact • 25%
Positive impact • 25%
No impact • 25%
Significant negative impact • 25%
Strengthens ties with Russia • 25%
Seeks EU intervention • 25%
Complies with U.S. demands • 25%
No significant action • 25%
Strengthen ties with Russia • 25%
Seek closer ties with the EU • 25%
No significant change • 25%
Diversify energy sources • 25%
Minimal economic impact • 25%
Economic growth • 25%
Moderate economic impact • 25%
Significant economic downturn • 25%
Neutral impact • 25%
No significant impact • 25%
Negative impact • 25%
Positive impact • 25%
No agreement reached • 25%
Sanctions are modified • 25%
Sanctions remain unchanged • 25%
Sanctions are lifted • 25%
Above 2% growth • 25%
1-2% growth • 25%
0-1% growth • 25%
Negative growth • 25%
Increased ties with Russia • 25%
Increased ties with EU • 25%
Maintains current alliances • 25%
Diversifies alliances • 25%
More than 750 million euros • 25%
500-750 million euros • 25%
250-500 million euros • 25%
Less than 250 million euros • 25%