PM: Economy recovering

Prime Minister Mirko Cvetković said that the economy is recovering, but the citizens are not going be able to feel these effects just yet.

Izvor: B92

Thursday, 10.06.2010.

10:01

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Prime Minister Mirko Cvetkovic said that the economy is recovering, but the citizens are not going be able to feel these effects just yet. Prime Minister Mirko Cvetkovic said that the economy is recovering, but the citizens are not going be able to feel these effects just yet. PM: Economy recovering He said that new statistics are optimistic, adding that a growth of the gross domestic product (GDP) and exports has been achieved and that the unemployment rate is decreasing. “The recovery is not the kind we were looking for and the citizens are still facing in difficulties, but there are groups that are in very difficult material situations that the government is helping with a series of measures for economic recovery and social aid to those who are most endangered,” Cvetkovic said. He said that there is more reason to be hopeful than for being worried. However, despite Cvetkovic’s optimism, businesspeople are more worried than ever. Serbian Association of Managers President Slobodan Vucicevic said that the decrease in the value of the domestic currency and the unstable business atmosphere are the most worrisome aspects. “As businesspeople, we begged, asked, demanded, and appealed for the exchange rate to be put under control, and for us to not have that lack of competitiveness as a result of the negative exchange rate, which no one else in the region has,” Vucicevic said. European Commission delegation chief in Belgrade Vincent Degert said that last year was “very successful for Serbia”, but reminded that there are new challenges awaiting “on its road toward Europe”. “We have to maintain this direction this year. Our goal as officials of the European Union is to encourage progress by moving forward with the ratification of the Stabilization and Association Agreement, which will be discussed next week in Luxembourg. Also, by making sure that Serbia’s demand for obtaining candidate status progresses as well,” Degert said. Cvetkovic speaks at the gathering on Wednesday (Beta)

PM: Economy recovering

He said that new statistics are optimistic, adding that a growth of the gross domestic product (GDP) and exports has been achieved and that the unemployment rate is decreasing.

“The recovery is not the kind we were looking for and the citizens are still facing in difficulties, but there are groups that are in very difficult material situations that the government is helping with a series of measures for economic recovery and social aid to those who are most endangered,” Cvetković said.

He said that there is more reason to be hopeful than for being worried. However, despite Cvetković’s optimism, businesspeople are more worried than ever.

Serbian Association of Managers President Slobodan Vučićević said that the decrease in the value of the domestic currency and the unstable business atmosphere are the most worrisome aspects.

“As businesspeople, we begged, asked, demanded, and appealed for the exchange rate to be put under control, and for us to not have that lack of competitiveness as a result of the negative exchange rate, which no one else in the region has,” Vučićević said.

European Commission delegation chief in Belgrade Vincent Degert said that last year was “very successful for Serbia”, but reminded that there are new challenges awaiting “on its road toward Europe”.

“We have to maintain this direction this year. Our goal as officials of the European Union is to encourage progress by moving forward with the ratification of the Stabilization and Association Agreement, which will be discussed next week in Luxembourg. Also, by making sure that Serbia’s demand for obtaining candidate status progresses as well,” Degert said.

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