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Tag Archives: Economy
Vojislav Kostunica: Political and Economic Neutrality the Solution (video)
Serbia must grow as an economically independent and politically neutral country, and that is the solution for coming out of the crisis, not membership in the EU, tells Vojislav Kostunica at the Head Board of the DSS. Continue reading
Tagged Economy, Politics, Serbia, Vojislav Kostunica, ДСС
Nenad Popovic: Entry into the EU not a Fateful Question
Preserving the territorial integrity of Serbia is the most important question for the DSS, like the territorial integrity of Germany is the most important for political parties in Germany. This isn’t an election topic for us, but an obligation. Continue reading
Vojislav Kostunica: Economy in the Focus of Election Campaign
The president of the Democratic Party of Serbia, Vojislav Kostunica says that the main topic in the election campaign of this party will be the economic development of the country, connected to territorial integrity, and consequently, Kosovo and Metohia. Continue reading
Cyprus to Take Out EUR 2.5Bn Loan from Russia
The Cyprian government has approved the taking out of a loan from the Russian Federation in the amount of EUR 2.5bn, or USD 3.3bn. Continue reading
Declaration on Euro-Asian Economic Integration Signed
Russia, Belarus and Kazakhstan have given their consents today for the first stage in creating a Euro-Asian economic union, the project of Russian PM Vladimir Putin. Continue reading
Tagged Belarus, Economy, Kazakhstan, Russia, Union
DSS Proposes Formation of Foreign Investor Council in Kikinda
It’s well known that the DSS is publicly warning that the situation of the Kikinda economy is getting worse, and that potential investors are being offered much more in other cities and municipalities in Serbia. Our words were confirmed by the president of the Regional Chamber of Commerce who clearly stated that in other cities and municipalities the investors are being met in their requests much more, that there are no industrial zones, and that local governments are doing plenty in bringing the investors in, than is the case in Kikinda. Continue reading
Tagged Economy, Investments, Kikinda, ДСС
DSS Leskovac: Realistic, not Election Fix-Its for the Recovery of Domestic Economy
The City Board of the DSS Leskovac presented a document today, “Five Initiatives for the Recovery of Domestic Economy”, that anticipates urgent industrialization, innovations, investments, export and institutions. Symbolically named the 5Is, the document provides quick and specific solutions for the industrialization of the country, more technical innovations, investments into commerce, increased export and development of institutions the task of which is to create a better commercial atmosphere. Continue reading
Tagged Economy, Investments, Serbia, ДСС, Лесковац
Central Bank Lowers Growth Valuation for 2012
Serbia’s Central Bank has once again lowered its reference interest rate by 0.75% making it now 10%, while from June till October it dropped by a total of 250 base points, guided by the decline in inflation pressures, and a dropping annual inflation, that will continue in the period to come, says the governor of NBS Dejan Soskic speaking about the macroeconomic trends at a press conference. Continue reading
Tagged Economy, National bank of Serbia, Serbia
Jovan B. Dusanic: US Steel, an Example
The Management of company US Steel had these days expressed displeasure with its operations in Serbia, and fear has settled in that the factory might close down and lay off all 5,000 employees. In an interview for Politika (from November 4, 2011) a worker admits to being afraid of even thinking about it and adds: “If the layoffs from five or six years ago were to repeat, my children would go hungry and be on the streets”. We can entirely understand the justified fear of employees in the steelworks, and we know that their specific hardships won’t be made easier by discussing the crux of the problem, but it is necessary to point out that all that is occurring to us is an expected consequence of a perennially bad economic policy. If such a policy persists, we can only temporarily soften our hardships but they will get bigger and bigger later on. The key issue is why we have come to a situation where we have no good solutions and that we have to opt between the bad and the catastrophic ones. Continue reading
ЕС: Government Shifting the Weight of the Crisis onto the People
By raising prices under state control, the government of Serbia is shifting the entire weight of the crisis onto its people. The government’s decision to raise gas prices will directly affect the growth of prices of basic foodstuff and heating which is particularly worrying since winter is at our doorstep, releases the Economic Council of the DSS. Continue reading
Tagged EC, Economy, Serbia, Serbian government, ДСС