6 minutes agoKosovo dispute costs Serbia billions of euros
Periskopi(8 years ago)
(8 years ago)Postponing the solution to the Kosovo issue (media and Serbian politics continue to call it a solution because they do not show willingness to recognise its independence), Serbia by 2027 will cost hundreds of billions of euros. At least that's what a Serbian medium writes today. Average salary below 400 euros, pension 220 euros, 400,000 people [...]
At least that's what a Serbian medium writes today.
The average salary below 400 euros, pension 220 euros, 400,000 inhabitants annually, and the loss of 100 euro 110 billion euros a year by 2027 is the cost of delaying the problem, according to the medium.
These are the results of the agency's research “Futurist”, followed by the newspaper “blic”.
This agency has been trying to present all the economic consequences related to the failure to resolve this issue, which has plagued Serbia for years.
As highlighted in the analysis, the first part of the economic cost has to do with losing all that is related to Europe.
The European Union has convinced our biggest economic partner. Serbia's overall exchange in 2017 has been 34 billion euros with what import cases have been 19 billion euros, while exports of 15 billion euros. The overall EU participation in foreign trade exchange is 64 per cent. EU export participation in overall export is 66 percent, while import from the EU is part of 62 percent of the total import”, writes in this analysis.
The EU also makes the bloc of countries, of which more direct investments go to Serbia.
By 2010 alone, about 70 percent of direct investment is originally from the EU. Serbia's overall external debt at the end of 2017 has been 26 billion euros. Of this amount, resources of funding from development banks and institutions such as the EBRD and the EIB are close to 4 billion euros. On the other hand, of the total balance of the banking sector, which at the end of last year was about 28 billion euros, about 70 percent of them were from banks that headquarters have in EU countries”, writes in “Futuristic”.
Of course, there will also be consequences of cutting back the EU without return.
The total foreign assistance no return from 2001 to 2015 was more than 3 billion euros, and in these EU participation aid, 75 percent”, the study says.
If Serbia decides to cancel all available agreements, cease the future and reject any solution in advance, it will surely experience sanctions and excommunication from the international community, freeze wealth and halt current donations and investments.
