Serbia -Economic outlook not promising -July 06, 2014

With one in five people unemployed and pensioners outnumbering those in work, the country is struggling with a record budget deficit and could sink into bankruptcy, analysts say.

With one in five people unemployed and pensioners outnumbering those in work, the country is struggling with a record budget deficit and could sink into bankruptcy, analysts say. The country has more pensioners than those employed, and of those, more than 50% work in the public sector. More than 20% of the workforce is unemployed, and many of those with jobs barely survive on an average monthly salary equivalent to 350 euros.

English: http://inserbia.info/today/2014/07/afp-serbia-could-sink-into-bankruptcy/  

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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