Popović: Kosovo economically unviable

Head of the Kosovo Economic Team Nenad Popović has serious misgivings about the province's economic future.

Izvor: Tanjug

Sunday, 24.02.2008.

17:52

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Head of the Kosovo Economic Team Nenad Popovic has serious misgivings about the province's economic future. In an interview with the Sunday edition of Politika he said that from the economic point of view, an independent Kosovo would be absolutely unsustainable. Popovic: Kosovo economically unviable He backed this claim with the statistics that show some 60 percent of the people in Kosovo are unemployed, and that more than half of them are less than 35 year old. “In all parts of Kosovo and Metohija electricity production has been reduced by three times when compared with the period before 1999, factories are closed or operate with only 10 percent of the capacity,” Popovic added. According to him, there are no foreign investments and there will be none in the future now that the illegal independence of Kosovo has been declared. The economic development of Kosovo is possible only within the frame of the constitutional and legal order of Serbia, Popovic said and pointed to the fact that the economy of the southern Serbian province had always depended on Serbia proper. Popovic also said that organized crime, corruption and violation of basic human rights represented a great problem for Kosovo.

Popović: Kosovo economically unviable

He backed this claim with the statistics that show some 60 percent of the people in Kosovo are unemployed, and that more than half of them are less than 35 year old.

“In all parts of Kosovo and Metohija electricity production has been reduced by three times when compared with the period before 1999, factories are closed or operate with only 10 percent of the capacity,” Popović added.

According to him, there are no foreign investments and there will be none in the future now that the illegal independence of Kosovo has been declared.

The economic development of Kosovo is possible only within the frame of the constitutional and legal order of Serbia, Popović said and pointed to the fact that the economy of the southern Serbian province had always depended on Serbia proper.

Popović also said that organized crime, corruption and violation of basic human rights represented a great problem for Kosovo.

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