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Serbia / 2014 will be a tough year says Minister of Economy Sasa Radulovic

Minister of Economy Sasa Radulovic has said that 2014 will be a tough year, but also the year of deep reforms of the system, adding that he would prefer the reforms that would imply no loss of jobs, but that is not possible.

Slow changes certainly lead to a decline, we need deep reforms of the system, Radulovic said in an interview published in the Thursday issue of the Belgrade-based daily Politika.

As the most important causes of Serbia’s economic decline, the minister of economy mentioned the labor law, ridiculous labor taxes, criminal privatization and partocratic economy.

“I would like us all to live better without comprehensive reforms, and that no one loses a job, but that is not feasible, unfortunately,” Radulovic said, underlining that the main opponents of the reforms are those who benefited from the eroded system, who are now parasites of the society.

The minister added that the reforms also mean the strengthening of undermined institutions of the system, adherence to the rules and abolition of the tyranny of individuals.

“Readiness for reforms will be measured by readiness to pass key laws and begin implementing them consistently- laws on labor, planning and construction, bankruptcy proceedings and public companies. However, that is only the beginning. 2014 will be a difficult year and has to be the year of deep reforms of all social systems,” Radulovic said.

He underscored that it depends on the depth and success of reforms whether Serbia will have a bigger economic growth in 2015, and whether the economy will yield profit, invest and create jobs.

“The state should not open plants or create jobs. The economy should do that,” Radulovic said.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Capture d’écran 2013-12-26 à 09.58.20

via About 20,000 people to lose jobs in Serbia in 2014 – InSerbia News.

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