Newsweek Serbia ceases publishing

Adria Media Group (AMG), a major Serbian publishing house, announced on 1 August that it would cease publishing the Serbian edition of the popular US-owned Newsweek magazine. AMG’s National Bank of Serbia accounts were frozen by the Serbian government in early July, the group reported. AMG quoted the Tax Administration Office saying in a statement on 6 July that the blocking of AMG’s bank accounts was made “to secure the collection of public revenue for which the control process is in progress, as there is a risk that the taxpayer will hurt, disable or make it ineffective”.  Requests for further…