Belgrade Faculty of Economics

EPS restructuring more important than electricity price rise

BELGRADE - In the eyes of the International Monetary Fund (IMF), restructuring of Elektroprivreda Srbije (EPS) is more important than an electricity price increase, whi? is only part of the reorganization of this public enterprise, IMF Resident Representative for Serbia Daehaeng Kim stated on Wednesday.

Vucic's austerity plan for Serbia calls for sacrifice

Vucic's austerity plan for Serbia calls for sacrifice

A smaller public sector workforce and salary cuts are in the works to get Serbia's economy back on track.

"I ask that in the coming period you understand well how much we need these difficult measures," Serbia Prime Minister Aleksandar Vucic said recently of proposed budget cuts.