Milan Prostran

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The drought has reduced agricultural output by about 20 percent compared to the average annual yield, and by 30 percent compared to the previous, record year.

That is why the lost value exceeds a billion dollars, says Milan Prostran, an agriculture expert.

The drought has reduced agricultural output by about 20 percent compared to the average annual yield, and by 30 percent compared to the previous, record year.

That is why the lost value exceeds a billion dollars, says Milan Prostran, an agriculture expert.

Serbia's Minister of Regional Development, Milan Krkobabic, said the government is considering giving away parcels of land of 25 to 50 square kilometres to young, married couples in order to revive fast-emptying rural communities.

PANCEVO - The Agricultural Council, a body that should help improve the Serbian agriculture - primarily through cooperation with Austria - was founded in Pancevo on Wednesday at a constitutive session.

Experts in Serbia say Russia’s new embargo on EU food imports creates an opportunity for the Serbia to increase sales to the Russian market.

“Cruel as it may sound, there is no sympathy on the trading market. This is a big chance for Serbia, the best we had in 14 years,” Milan Prostran, an economic expert, told BIRN.

"Serbia likely to export less, no food shortage"

BELGRADE -- Serbians should not worry that the disastrous floods that hit last week will create a shortage of food products, an expert has said.

BELGRADE – It is difficult to make an assessment of damages that flash floods are causing to Serbia’s crops today, when the government declared a state of emergency in the country, but it is certain that it will be measured in millions of euros, agro-economic analyst Milan Prostran said Thursday.