Second Government under Vojislav Koštunica as the Prime Minister was formed on May 15, 2007. After Serbian parliamentary election, 2008 this cabinet served as a transitional government handling only technical issues until the new government was formed on July 7, 2008.
The Government of Serbia was formed on May 15, 2007 after three month long negotiations and fierce political scandals and fighting that much disturbed the population, and exactly 7 minutes before midnight when the three month constitutional deadline would pass. It is formed by the Democratic Party (including the minority Sanjak Democratic Party), the coalition of the Democratic Party of Serbia and New Serbia, and G17 Plus. The DS, DSS-NS and G17+ parliamentary clubs elected the new cabinet proposed by Vojislav Koštunica (DSS), the previous Prime Minister, with the further support of some of the minorities (List for Sanjak and Roma Union of Serbia) votes accumulating 133 of the parliament's 250 seats. The Cabinet was sworn shortly before midnight, the deadline, in front of Milutin Mrkonjić (SPS), the temporary acting Speaker. The five new Ministers (Dragan Šutanovac, Božidar Đelić, Milan Marković, Mlađan Dinkić and Dušan Petrović) that were Deputies in the parliament have immediately filed their resignations, as per the Constitution which disables a Minister to be an active member in the National Assembly.
The Government collapsed on March 8, 2008. New parliamentary elections were held together with local elections on May 11, 2008. The new Government was formed on July 7, 2008.
| Position | Portfolio | Name | Party |
|---|---|---|---|
| Prime Minister | General Affairs | Vojislav Koštunica | DSS |
| Deputy Prime Minister | European Integrations | Božidar Đelić | DS |
| Secretary-General | Dejan Mihajlov | DSS | |
| Minister | Finance | Mirko Cvetković | — |
| Minister | Agriculture, Forestry and Water Management | Slobodan Milosavljević | DS |
| Minister | Defence | Dragan Šutanovac | DS |
| Minister | Justice | Dušan Petrović | DS |
| Minister | Foreign Affairs | Vuk Jeremić | DS |
| Minister | Labour and Social Policy | Rasim Ljajić | SDP |
| Minister | Public Administration and Local Self-Government | Milan Marković | DS |
| Minister | Environmental Protection | Saša Dragin | DS |
| Minister | Telecommunications and Information Society | Aleksandra Smiljanić | DS |
| Minister | Diaspora | Milica Čubrilo | DS |
| Minister | Culture | Vojislav Brajović | DS |
| Minister without Portfolio | National Investment Plan | Dragan Đilas | DS |
| Minister | Interior | Dragan Jočić | DSS |
| Minister | Energy and Mining | Aleksandar Popović | DSS |
| Minister | Infrastructure | Velimir Ilić | NS |
| Minister | Kosovo-Metohija | Slobodan Samardžić | DSS |
| Minister | Education | Zoran Lončar | DSS |
| Minister | Trade and Services | Predrag Bubalo | DSS |
| Minister | Religion | Radomir Naumov | DSS |
| Minister | Economy and Regional Development | Mlađan Dinkić | G17+ |
| Minister | Science | Ana Pešikan | G17+ |
| Minister | Health | Tomica Milosavljević | G17+ |
| Minister | Youth and Sports | Snežana Samardžić-Marković | G17+ |