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03. January 2003 - Friday |
High foreign investments expected: Finance Minister
BELGRADE - Serbian Finance Minister Bozidar Djelic has said that “high foreign investments” are expected this year amounting up to a billion dollars.
"By reducing the profit tax we wanted to attract foreign and domestic capital”, said Minister Djelic, explaining that several large companies began seriously considering the possibility of investing in Serbia when these measures were only announced.
"Serbia now has a new chance, because Hungary, the Czech Republic, Poland and Slovenia are joining the European Union in 2004. These are countries of middle and eastern Europe which attracted most of the foreign capital in the nineties”, said Djelic.
We need to attract the investors so we could compete with Bulgaria, Croatia and Romania and take lead in South-eastern Europe, Minister Djelic said.
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