BELGRADE -- Božidar Đelić says investors are waiting for the results of the parliamentary elections before parting with their money.
Source: Beta
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In the alternative scenario, Đelić said, Serbia would be faced with a fall in investments and macro-economic instability.
He stated that Prime Minister Vojislav Koštunica had “decided to topple the government,” because he had abandoned the idea of leading the country towards the EU.
“We will all have to take a decision on that,” said Đelić.
Head of the European Commission delegation to Serbia Josep Lloveras said that the European Commission and the EU had confirmed Serbia’s European prospects.
Lloveras said that this had been proven by Olli Rehn’s statement yesterday, when he said that Serbia could sign the Stabilization and Association Agreement as soon as it had met all the established criteria.
You should know that Russian state monetary reserves exeed USD 700 Bln and there's a shift in the approach to their using. Upto now those money were working for EU and US economies.
Another reserve are the national minded big companies barred to invest to the EU. I can see no sence discussing it today. Let's just wait a few months. One of the problems between us is that Russia is strengthening much faster than you can deside how to take it.
Another problem is that the West is a prisoner of it's own imaginations. Say you strongly believe that Russian economic might is based mostly on energy resourses and you can't see how soon the situation is changing. In 2007 some 68 % of the increase was provided by other branches of the economy.
There's only one blackmail being evident. The US leaded group is blackmailing lonely Serbia to close the last page of the NATO criminal attack in 1999. Russia and Serbia are just natural allies with similar fate and long lasting mutual sympathy.
By the way I am a Russian living in Moscow ... Please take it easy !
(Rote Kapella, 12 March 2008 06:56)
Just to add one point to what Bruse said, nobody ( even Russians) would not invest unless Serbia has good export relations with the EU. How come they only started buying up Montenegrin property after she separated from Serbia ? No investor is interested in a unstable country.
(Harry, 12 March 2008 00:07)
How can Russia have more to invest when the EU economy is over 14x the size of Russia's and the GDP per Capita is double (on PPP over nearly 4x on nominal levels). The EU has far more cash for investment than Russia. Besides, Russia' economy is based almost solely on natural resources (their industrial production is actually shrinking).
I thought Serbs were complaining that they didn't like being influenced by the EU/US. You seem to understand the influence Russia has over its companies, and its willingness to use that to blackmail others. I'm just concerned you want that for Serbia.
(Bruce, 11 March 2008 21:27)
In the alternative scenario, Đelić said, Serbia would be faced with a fall in investments and macro-economic instability.
---…--
To my mind before the Serbian Paliamentals Russia should declare it's economic plans for Serbia. By keeping silence over this vital for the Serbs item Russia whether we like it or not is playing on EU side. No dobt it's gonna be improved during these two months to stop the blackmail aimed to demoralize the Serbs.
No one dobts that Russia is capable to invest to Serbia much bigger sums than close to stagnation EU members. Besides Russia has resently revised it's monetary policy for more active use of the free cash both abroad and inside the country.
Russia has got another reserve to be used. I mean that every big Russian company is happy to provide the Kremlin with any service just hinted at ... So the Serbs only have to wait untill Russia opens the cards. Then there will be a real choice you can make. But right now all the speculations that EU is the only escape are just fake attempts of the Western minded politics to save their own careers.
(Rote Kapella, 11 March 2008 18:32)
In the alternative scenario, Đelić said, Serbia would be faced with a fall in investments and macro-economic instability.
---…--
To my mind before the Serbian Paliamentals Russia should declare it's economic plans for Serbia. By keeping silence over this vital for the Serbs item Russia whether we like it or not is playing on EU side. No dobt it's gonna be improved during these two months to stop the blackmail aimed to demoralize the Serbs.
No one dobts that Russia is capable to invest to Serbia much bigger sums than close to stagnation EU members. Besides Russia has resently revised it's monetary policy for more active use of the free cash both abroad and inside the country.
Russia has got another reserve to be used. I mean that every big Russian company is happy to provide the Kremlin with any service just hinted at ... So the Serbs only have to wait untill Russia opens the cards. Then there will be a real choice you can make. But right now all the speculations that EU is the only escape are just fake attempts of the Western minded politics to save their own careers.
(Rote Kapella, 11 March 2008 18:32)
How can Russia have more to invest when the EU economy is over 14x the size of Russia's and the GDP per Capita is double (on PPP over nearly 4x on nominal levels). The EU has far more cash for investment than Russia. Besides, Russia' economy is based almost solely on natural resources (their industrial production is actually shrinking).
I thought Serbs were complaining that they didn't like being influenced by the EU/US. You seem to understand the influence Russia has over its companies, and its willingness to use that to blackmail others. I'm just concerned you want that for Serbia.
(Bruce, 11 March 2008 21:27)
Just to add one point to what Bruse said, nobody ( even Russians) would not invest unless Serbia has good export relations with the EU. How come they only started buying up Montenegrin property after she separated from Serbia ? No investor is interested in a unstable country.
(Harry, 12 March 2008 00:07)
You should know that Russian state monetary reserves exeed USD 700 Bln and there's a shift in the approach to their using. Upto now those money were working for EU and US economies.
Another reserve are the national minded big companies barred to invest to the EU. I can see no sence discussing it today. Let's just wait a few months. One of the problems between us is that Russia is strengthening much faster than you can deside how to take it.
Another problem is that the West is a prisoner of it's own imaginations. Say you strongly believe that Russian economic might is based mostly on energy resourses and you can't see how soon the situation is changing. In 2007 some 68 % of the increase was provided by other branches of the economy.
There's only one blackmail being evident. The US leaded group is blackmailing lonely Serbia to close the last page of the NATO criminal attack in 1999. Russia and Serbia are just natural allies with similar fate and long lasting mutual sympathy.
By the way I am a Russian living in Moscow ... Please take it easy !
(Rote Kapella, 12 March 2008 06:56)
You should know that Russian state monetary reserves exeed USD 700 Bln and there's a shift in the approach to their using. Upto now those money were working for EU and US economies.
Another reserve are the national minded big companies barred to invest to the EU. I can see no sence discussing it today. Let's just wait a few months. One of the problems between us is that Russia is strengthening much faster than you can deside how to take it.
Another problem is that the West is a prisoner of it's own imaginations. Say you strongly believe that Russian economic might is based mostly on energy resourses and you can't see how soon the situation is changing. In 2007 some 68 % of the increase was provided by other branches of the economy.
There's only one blackmail being evident. The US leaded group is blackmailing lonely Serbia to close the last page of the NATO criminal attack in 1999. Russia and Serbia are just natural allies with similar fate and long lasting mutual sympathy.
By the way I am a Russian living in Moscow ... Please take it easy !
(Rote Kapella, 12 March 2008 06:56)
Just to add one point to what Bruse said, nobody ( even Russians) would not invest unless Serbia has good export relations with the EU. How come they only started buying up Montenegrin property after she separated from Serbia ? No investor is interested in a unstable country.
(Harry, 12 March 2008 00:07)
How can Russia have more to invest when the EU economy is over 14x the size of Russia's and the GDP per Capita is double (on PPP over nearly 4x on nominal levels). The EU has far more cash for investment than Russia. Besides, Russia' economy is based almost solely on natural resources (their industrial production is actually shrinking).
I thought Serbs were complaining that they didn't like being influenced by the EU/US. You seem to understand the influence Russia has over its companies, and its willingness to use that to blackmail others. I'm just concerned you want that for Serbia.
(Bruce, 11 March 2008 21:27)
In the alternative scenario, Đelić said, Serbia would be faced with a fall in investments and macro-economic instability.
---…--
To my mind before the Serbian Paliamentals Russia should declare it's economic plans for Serbia. By keeping silence over this vital for the Serbs item Russia whether we like it or not is playing on EU side. No dobt it's gonna be improved during these two months to stop the blackmail aimed to demoralize the Serbs.
No one dobts that Russia is capable to invest to Serbia much bigger sums than close to stagnation EU members. Besides Russia has resently revised it's monetary policy for more active use of the free cash both abroad and inside the country.
Russia has got another reserve to be used. I mean that every big Russian company is happy to provide the Kremlin with any service just hinted at ... So the Serbs only have to wait untill Russia opens the cards. Then there will be a real choice you can make. But right now all the speculations that EU is the only escape are just fake attempts of the Western minded politics to save their own careers.
(Rote Kapella, 11 March 2008 18:32)