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Serbia -Increase of salaries and pensions debated -May 03, 2015

Dec 31, 1969 - Government proposes to increase salaries and pensions this year; however the Fiscal Council opposes the idea.

The government stated that with the actual economic growth it is about time to increase salaries and pensions this year (after a 10-percent cut in November 2014 due to fiscal consolidation measures). This increase would have an impact on improvement of the citizen’s living standards. However, the Fiscal Council immediately opposed this idea. In its regular report, the Council said in relation to the developments in March 2015 that the reduction in pensions and public sector salaries is a key measure of the country’s fiscal consolidation that brought about the biggest savings in the 2015 budget.

English: http://inserbia.info/today/2015/04/vucics-empty-promises-fiscal-council-no-room …   

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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