Minic: Investors Are Leaving because Serbia Is No Longer a Destination for Abundant Cheap Labor

Dnevni list Danas

Lean Left

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A member of the Fiscal Council of Serbia, Slobodan Minić, assessed today that the departure of investors from Serbia is primarily a consequence of economic circumstances, because Serbia is no longer a destination with abundant and cheap labor, as it was ten years ago.

Biznis i Finansije

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Member of the Fiscal Council Slobodan Minić told RTS that the current model of attracting foreign investments is practically exhausted and it is necessary to create conditions for stronger development of the domestic economy. The growth of average… The article Minic: Foreign investors are leaving for economic reasons, the necessary strengthening of the domestic private sector appeared first on Business and Finance.

Telegraf – Najnovije vesti

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A member of the Fiscal Council of the Republic of Serbia, Slobodan Minic, said today that the main reasons for the departure of investors are those who left Serbia in the past few years.

n1info.rs

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A member of the Fiscal Council of Serbia, Slobodan Minić, assessed that the departure of investors from Serbia is primarily a consequence of economic circumstances, because Serbia is no longer a destination

Naslovi.net

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"Firstly, Serbia no longer has such an abundant or cheap labor force. Labor costs in traditional labor-intensive activities have almost equalized with Central and Eastern Europe. There is also an increase in average wages, an increase in minimum wages, the euro has strengthened in real terms, and these are all reasons why Serbia is no longer a cheap destination for those activities," Minic told RTS. We should not forget, as he added, internation…