Guriev: Serbia becoming attractive for investments

Serbia is becoming an attractive country for investments and new investments are boosting a country's productivity and export possibilities, says Sergei Guriev, chief economist of the European Bank for Reconstruction and Development (EBRD).

20 Februar 2019 19:06

BELGRADE - Serbia is becoming an attractive country for investments and new investments are boosting a country's productivity and export possibilities, says Sergei Guriev, chief economist of the European Bank for Reconstruction and Development (EBRD).


Guriev, who is in Serbia for the first time to present a new transition report, has told Politika in an interview that pensions and wages would grow as the Serbian economy became more competitive and increased exports and investments and as the productivity of Serbian companies increased.


"The productivity of Serbian workers is still at just 40 pct of the average in four Central European countries (the Czech Republic, Hungary, Poland and Slovakia) and even less than 20 pct of the EU average. Then it is no wonder the wages are lower," Guriev was quoted as saying.

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