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Croatian PM Predicts Recovery Starting in 2013

On visit to Hvar island, Milanovic says economic recovery will begin in 2013, while pledging more investment in country’s war-torn undeveloped areas.On a visit to the Adriatic island of Hvar on Thursday, Croatia’s Prime Minister expressed his belief that the shaken economy will start to recover next year. “The crisis …

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Serbia Plans Tax on Wealth, Higher VAT

As a part of the plan to fight the economic crisis, the new government plans to change the tax policy, increasing taxes on the rich and raising VAT.Serbia’s Minister for Trade, Rasim Ljajic, said the biggest problem facing the new government is not Kosovo or EU integration but the difficult …

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