THIS IS HOW SERBIA IS BURIED IN DEBT: Serbs, this is who robbed you of 24 billion euros!

Serbia's public debt over the past 11 years has increased by as much as 15 billion euros! Out of all the Governments after the democratic changes, Kustunica saved the most

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When in 2000, after the October changes, DOS came to power, Prime Minister Zoran Djindjic followed by Zoran Zivkovic inherited a debt from Slobodan Milosevic, of 14.16 billion euros! That debt was reduced by 3.14 billion euros when Vojislav Kostunica came to power in 2004. During his four years in the office, Kostunica's government managed to reduce the debt from 11.02 to 8.78 billion euros. It was a record, rather, that was the least Serbia has ever been indebted.

 

Debt settlement program launched

 

The downfall occurred during the term of Mirko Cvetkovic. This government, in the period from 2008 to 2012 increased the debt of Serbia to 15.4 billion euros!

 

Cadez: New wave of investment in production announced

 

Foto: Tanjug/Tanja Valič

Foto: Tanjug/Tanja Valič

 

The debt grew over the next government, with Ivica Dacic leaving Aleksandar Vucic a debt of 20.6 billion euros.

 

Petrovic: We do not think 2015 will see economic growth

 

Although Vucic's government has introduced austerity measures, Serbia's public debt is growing, but at a much lower pace and is now the lowest of any previous  borrowing - the current debt amounts to 24.2 billion euros.

 

(Telegraf.co.uk/Blic)

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