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Svetlana Smiljanić, member of the executive board of Wiener Städtische Insurance

Ready for Future Challenges

„It is advantageous to be part of a large family, especially one with such a long tradition, reputation and strength as VIG, which currently...

Bojana Perić, Ekostar Pak General Manager

Recycling is an Opportunity

In the 14 years since its founding, Ekostar Pak has gained the trust of more than 840 companies, with in excess of 798,000 tons...

Novomatic Serbia

Fusing Tradition and Innovation with a Future Vision

NOVOMATIC AG stands out as one of the leaders of the global gaming industry. Founded in 1980 by Professor Johann F. Graf in the...

Pinar Yalcinkaya, MPC Properties CEO

Driving Impact through Innovation and Service Excellence

At MPC Properties, we’ve concentrated on using strategic planning and innovation to maintain our position as industry leader in the commercial real estate sector,...

Miloš Škorić, Gorda Director

Gorda Unites and Connects

“For three decades, we have been working and creating something good – not just for the awards, but primarily for the emotion. We respect...

Jelena Žarković, associate professor at the Belgrade Faculty of Economics

Health and Education First and Foremost

Considering that the economy received significant assistance in the previous period, the new government should focus attention primarily on the health sector and education, because they sustained the biggest blow as a result of COVID-19.

The greatest emphasis should be placed on health and education in the period ahead. It should be placed on health due to the COVID-19 epidemic, which will most likely remain present until the middle of next year. It is thus necessary to carefully monitor the needs of the health system, in order to respond on time, whether through the engagement of additional staff or the procurement of equipment. The education process had to change on the hoof from the beginning of the epidemic, and here additional resources are needed with the aim of ensuring the normal realisation of the next academic year. Additional teachers should be hired if schools express a need for that, as has been done by some other European countries. It is necessary to provide equipment for those who don’t have enough and to help school pupils from socially disadvantaged families in order for them to be able to follow online classes.

I would only rank the economy in third place because the state has already provided significant funds to help the economy: to cover part of salaries, suspend deadlines for tax liabilities and provide access to more favourable loans. Expressed as a percentage of GDP, this assistance has been among the greatest in Europe. It wasn’t targeted at specific sectors, which has been resented by some businesspeople, but it isn’t easy to evaluate who needs help more in this situation.

The programme “My First Salary” will certainly lessen the impact on overall youth employment, which is a good move considering that they are the first to be laid off when a crisis hits

Specifically, some economists consider that the tourism sector, which is among the hardest hit sectors, should not be given further help because that means giving money for something where returns are uncertain. Specifically, tourist services aren’t classed among essential goods and there’s a question mark over how long it will take to revive demand for them. People are wary of spending when a crisis comes, while some will lose their jobs and travel certainly won’t be the first thing on which they plan to spend money.

In other words, the recovery of this branch is expected to last a long time, which is why it’s right to question whether the state should invest money in that area. It is inevitable that some jobs will have to disappear, and we will only be able to assess the impact of the crisis on unemployment at the end of the year, when measures aimed at helping the private sector expire. The State has prepared some new programmes in the meantime. Through the programme “My First Salary”, people seeking a job for the first time after graduating from high school or college will be employed. The salaries of newly employed young people will be financed partly by the state, and they should start working as of November. This programme will certainly lessen the impact on overall youth employment, which is a good move considering that they are the first to be laid off when a crisis hits.

By Mirko Dautović

Sailing Stormy Waters

The name of the next resident of the White House will matter a lot in terms of global politics. However, more importantly, the U.S....

Dr Jonel Subić, Ph.D., Director of the Institute of Agricultural Economics (IAE), Belgrade

Using Resources Intelligently

As is the case in many other areas, the greater participation of clean technologies and innovations, optimal use of resources and improving health conditions...

Danijela Božanić, meteorologist

We’re Lacking Plenty

Viewed globally, the state and availability of water resources is acknowledged as the sector hardest hit by climate change. The National Adaptation Programme (NAP)...

Dipl. Ecc. Vesna Nešković, International Relations Officer, Faculty of Agriculture, University of Novi Sad

Reaching Optimal Solutions through Research

Our response is the ClimaPannonia project, which tests climate-resilience solutions in four sectors of agriculture and scales them across the Pannonian Plain for broader...

Office for IT and e-Government Introduces New eSeal Cloud Service

The Office for Information Technology and e-Government has introduced eSeal in the cloud, a new service that allows public...

Denmark Encourages Serbia on Its Path to EU Membership

The expansion of the European Union is one of the priorities for the coming period, stated Denmark's Minister for...

Czech Prime Minister Petr Fiala Opens Czech House in Belgrade

Czech Prime Minister Petr Fiala opened the Czech House in Belgrade during an official visit to Serbia, highlighting that...

Belgrade to Host Global Partnership on Artificial Intelligence Summit in December

Belgrade will host the major Global Partnership on Artificial Intelligence (GPAI) summit on December 3rd and 4th, where discussions...

Giaufret States it’s Time to Intensify Reforms in Serbia

Serbia has confirmed that EU membership is its strategic goal, said the Head of the EU Delegation to Serbia,...

Belgrade to Host Global Partnership on Artificial Intelligence Summit in December

Belgrade will host the major Global Partnership on Artificial Intelligence (GPAI) summit on December 3rd and 4th, where discussions...

Polish Prime Minister Donald Tusk: EU is not complete without Serbia

Poland supports Serbia’s European path, and the European Union is not complete without Serbia, stated Polish Prime Minister Donald...

Montenegro Bans Single-Use Plastics Under New Law

In accordance with the Waste Management Law, Montenegro has officially banned plastic bags and single-use plastics as of this...

Serbia Cuts Shadow Economy by Over a Quarter in a Decade, Driven by Digital Reforms

Over the past decade, Serbia has significantly reduced its shadow economy, lowering it from 29.1% to 21.1% of GDP,...

Claudia Sheinbaum Sworn In as Mexico’s First Female President

In a historic moment for Mexico, Claudia Sheinbaum has been sworn in as the country's first female president, marking...

Belgrade to Host Global Partnership on Artificial Intelligence Summit in December

Belgrade will host the major Global Partnership on Artificial Intelligence (GPAI) summit on December 3rd and 4th, where discussions...

Polish Prime Minister Donald Tusk: EU is not complete without Serbia

Poland supports Serbia’s European path, and the European Union is not complete without Serbia, stated Polish Prime Minister Donald...

Montenegro Bans Single-Use Plastics Under New Law

In accordance with the Waste Management Law, Montenegro has officially banned plastic bags and single-use plastics as of this...

Serbia Cuts Shadow Economy by Over a Quarter in a Decade, Driven by Digital Reforms

Over the past decade, Serbia has significantly reduced its shadow economy, lowering it from 29.1% to 21.1% of GDP,...

Claudia Sheinbaum Sworn In as Mexico’s First Female President

In a historic moment for Mexico, Claudia Sheinbaum has been sworn in as the country's first female president, marking...
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