Head of the Serbian government’s media office Milivoje Mihajlovic stated Wednesday that the government wants to find a stable partner for the Smederevo steel mill in order to put the country’s cornerstone of the basic industry back on tracks.
The government will make efforts in this sense, and talks have already been launched on possible partnership with certain businessmen and powerful world corporations, Mihajlovic told Radio and Television of Serbia.
He underlined that the global economic crisis has closed down many steel mills worldwide, and that Smederevo could not avoid this fate completely.
The government is making maximum efforts to preserve its economic capacities including the steel mill which is one of the country’s major exporters, Mihajlovic said.
When asked about the claims by the Fiscal Council that Serbia has exceeded the limit of public debt of 45 percent of GDP reaching 46.4 percent, Mihajlovic recalled that the Ministry of Finance stated that the debt totals 43.2 percent, adding that the discrepancy is the result of different methods of calculation.
Mihajlovic underlined that the public debts of many developed countries, which are the financial cornerstone of the EU, are even much larger.
Source Emg
