KOPAONIK

Vujovic: We will reduce public debt to below 70 pct of GDP

KOPAONIK - Serbia's public debt-to-GDP ratio is on a downward trajectory and we are on the verge of reducing it to below 70 pct, Finance Minister Dusan Vujovic said Tuesday.

"We thought we would never get below 70 pct, but now... our projection is that will be at the Maastricht level of 60 pct by 2020," Vujovic said at the Kopaonik Business Forum.

"Restructuring of energy enterprises launched"

"Restructuring of energy enterprises launched"

KOPAONIK -- Electric Power Industry of Serbia (EPS) public enterprise should adopt a financial consolidation plan by March 31, Energy Minister Aleksandar Antic has said.

Speaking on Thursday on the last day of the Kopaonik Business Forum, he announced EPS would then it will be "reorganized into two companies by July 1."

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