Serbia Attempts to Stop Rise in Public Debt

Politics ♦ Published: September 22, 2012; 16:43 ♦ (Vindobona)

The Serbian government aims to achieve a balanced buget in 2014. Austerity measures should be sharpened.

Serbia Attempts to Stop Rise in Public Debt / Picture: © Vindobona.org

In order to manage the debt crisis, further austerity measures are planned. Serbia´s Minister of Finance Mladjan Dinkic explained that the government already has precise plans to cut spendings and promote economic growth.

In the coming months, the Serbian Parliament will decide on the government´s proposals. Reforms should be launched in almost all sectors. Above all, the…