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Serbia is out of the recession - Now to the Reindustrialization

SerbiaPosted by Uvner Business Consulting Fri, May 10, 2013 20:36:56
The Serbian economy has exited from recession for the first time in a year according to figures for the first quarter of 2013.
Serbia's Finance Ministry said that industrial production grew by 5.2 per cent in the first quarter of this year, contributing to a moderate GDP growth of 1.9 per cent, according to the Statistical Office.
The ministry said that in order to achieve further recovery, an "Action Plan for the Reindustrialization of Serbia" will be adopted by the end of this month, "which will elaborate operational measures for stimulating the economy, exports and employment." More key figures from bne here.

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