"Govt. thinks of Russia after no one would help"

As the government works flat out to extract financial aid from Russia, the DSS says the government “has remembered Russia“ only because it has no other option.

Source: B92
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The comments come after a credit arrangement appeared to have been struck following correspondence between Serbian and Russian Presidents Boris Tadić and Dmitry Medvedev.

Certain experts believe that such an agreement should come as no great surprise, as Serbia requires assistance at a time of economic crisis, stressing that this should not be read as a straight choice between Brussels and Moscow.

While Prime Minister Mirko Cvetković’s economic team stresses that the appeal to Moscow for help does not mean Serbia is seeking a back-up plan should the arrangement with the IMF fall through, the Democratic Party of Serbia (DSS) thinks otherwise.

The DSS continues to insist that cooperation with Russia should be as close as possible, but interprets the motives for the latest developments in an entirely different way.

The chairman of the party’s Economic Council, Nenad Popović, told B92 that the idea of seeking credit from the Russian Federation had rendered the government’s catchphrase, “Europe has no Alternative”, meaningless.

“Now that the crisis has struck, they’ve remembered Russia,“ said Popović.

“Because this government has no-one else to turn to for help, because the Western countries aren’t offering the same aid as before, and I personally think they’re disillusioned with this government, and particularly its results,” he said.

“The economic motives for seeking this credit lie in the fact that our economy is on the brink of collapse and because, as things stand, the IMF might not even approve the second installment of the loan, so there’s no other way to shore up the budget and the state to save itself from bankruptcy,” Popović surmised.

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Politics Tuesday, June 30, 2009 16:14 Comments: 9
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