Tadić tours landslides, talks Telekom sale

President Boris Tadić has been visiting the town of Kraljevo in central Serbia on Monday, reports said.

Izvor: Tanjug

Monday, 17.05.2010.

10:09

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There, work is underway to secure landslide sites near the the banks of the Ibar River.

President Boris Tadic has been visiting the town of Kraljevo in central Serbia on Monday, reports said. Tadic tours landslides, talks Telekom sale While in Kraljevo, Tadic will also address the Regional Chamber of Commerce, and visit several local companies. Addressing journalists in Kraljevo, Tadic said that the state is considering the privatization of the telecommunications company Telekom Srbija, as that would enable investment in priority infrastructure projects. Tadic said that Serbia does not have sufficient funds for realizing projects which are the country's prerogatives for future development, such as investments in water management. “If we want to redirect the funds that have so far been invested into telecommunications and use them for roads, railways and water management, people need to show understanding. We are not a rich society and do not have unlimited access to EU funds, and we are not entitled to receive grants as EU members do,” Tadic said. “We are therefore considering the privatization of Telekom. One part of the funds (obtained thereby) has to go straight into these (infrastructure) investments,” the president concluded.

Tadić tours landslides, talks Telekom sale

While in Kraljevo, Tadić will also address the Regional Chamber of Commerce, and visit several local companies.

Addressing journalists in Kraljevo, Tadić said that the state is considering the privatization of the telecommunications company Telekom Srbija, as that would enable investment in priority infrastructure projects.

Tadić said that Serbia does not have sufficient funds for realizing projects which are the country's prerogatives for future development, such as investments in water management.

“If we want to redirect the funds that have so far been invested into telecommunications and use them for roads, railways and water management, people need to show understanding. We are not a rich society and do not have unlimited access to EU funds, and we are not entitled to receive grants as EU members do,” Tadić said.

“We are therefore considering the privatization of Telekom. One part of the funds (obtained thereby) has to go straight into these (infrastructure) investments,” the president concluded.

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