According to economists the living standard for the average citizen will increase by 4% at the beginning of this year. Predictions are that both production levels and the purchasing power in the country will stay on the rise the coming years. Experts predict that banks will have no justification to increase their interest rates in the coming year and that the prices of real estate will not decrease. Furthermore, they believe that in five more years that see a 4% increase in real wages the purchasing power of the people living in Serbia could go up by over 20%.
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For more information, please contact the editor Jan Cremers or Sanne van der Gaag, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the Head of communications at the ETUI, Willy De Backer wdebacker@etui.org © ETUI