Vujovic: Salaries to rise if IMF deal is successful

VIENNA - If Serbia's three-year arrangement with the IMF is completed successfully, the citizens will be able to count on permanent foundations for growth, which will enable a rise of incomes and living standards, Finance Minister Dusan Vujovic said Tuesday.

"All the government is doing as part of the three-year arrangement concluded with the IMF in February 2015 is aimed at creating a foundation for a permanent rise of salaries and pensions," Vujovic told reporters on the fringes of the Euromoney conference in Vienna.

Vujovic: Stopping budget subsidies important

VIENNA - As regards the Bor mining and smelting complex or the Pancevo nitrogen plant, the most important thing is to find a solution that would do away with their need for budget subsidies and enable them to attract investors, grow and develop over the long term, Serbian Finance Minister...