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23. January 2003 - Thursday |
15 years are needed to reach living standard of 1989
BELGRADE - More significant foreign investments in Yugoslav economy cannot be expected before political stability is achieved, systemic impulse for foreign investments provided and privatization made more attractive for foreigners, it was assessed by the participants of the round table discussion on encouragement of foreign investments in the region held in Belgrade on Thursday.
Professor of the Belgrade School of Economics Jurij Bajec said that between one and two billion dollars of direct foreign investment are needed for a serious reconstruction and progress of Yugoslavia's economy.
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