Govt. expects parliament to adopt restitution draft

The Serbian government determined on Tuesday the bill on recovery of confiscated property and indemnification.

Izvor: Tanjug

Tuesday, 06.09.2011.

15:45

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The Serbian government determined on Tuesday the bill on recovery of confiscated property and indemnification. It came along with accompanying amendments to the Law on the Restitution of Property to Churches and Religious Communities, changes to the bill on public property. Govt. expects parliament to adopt restitution draft The announcement was made after a public debate that lasted a month. The restitution refers to the property seized by communist Yugoslav authorities in the wake of the Second World War. Serbia's Deputy Prime Minister Bozidar Djelic stated at a press conference that the government expects the parliament to discuss these bills at the session which is to begin in the last week in September, so that the bills could come into force in the first half of October. Djelic underscored that after ten years of waiting, Serbia is one step from correction of the historic injustice done by confiscation of property on the basis of ideology. Restitution will, as he put it, exceed the value of the entire process of privatization since over EUR 4bn in property and money will be returned from the state to the private ownership. “Such promotion of the first version of the bill on restitution will enable the correction of one huge historic injustice. It is not or could have been ideal, but this bill is real and appropriate for Serbia. I am certain that it will prove as efficient very quickly,” Djelic said. According to him, these laws will strengthen the rule of law, speed up the process of foreign investments and increase the entrepreneurial potential of the country. “We will be able to respond to one simple but very important question: What belongs to whom?. In this manner, we will fulfill the remaining key part of our reform program aimed at the EU candidate status,” Djelic explained.

Govt. expects parliament to adopt restitution draft

The announcement was made after a public debate that lasted a month.

The restitution refers to the property seized by communist Yugoslav authorities in the wake of the Second World War.

Serbia's Deputy Prime Minister Božidar Đelić stated at a press conference that the government expects the parliament to discuss these bills at the session which is to begin in the last week in September, so that the bills could come into force in the first half of October.

Đelić underscored that after ten years of waiting, Serbia is one step from correction of the historic injustice done by confiscation of property on the basis of ideology.

Restitution will, as he put it, exceed the value of the entire process of privatization since over EUR 4bn in property and money will be returned from the state to the private ownership.

“Such promotion of the first version of the bill on restitution will enable the correction of one huge historic injustice. It is not or could have been ideal, but this bill is real and appropriate for Serbia. I am certain that it will prove as efficient very quickly,” Đelić said.

According to him, these laws will strengthen the rule of law, speed up the process of foreign investments and increase the entrepreneurial potential of the country.

“We will be able to respond to one simple but very important question: What belongs to whom?. In this manner, we will fulfill the remaining key part of our reform program aimed at the EU candidate status,” Đelić explained.

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