HTTP://WWW.STOPNATO.ORG.UK ---------------------------
Not that this wasn't to be expected, but it still gives me a sick feeling in my stomach. The utter humiliation of Serbia has pretty much been achieved. It's not as if the country's booming either - I know a schoolteacher from Serbia who has to do taxi-cabbing in the evenings just to get by. So many articles mention the praise given to the new Yugoslav leadership for its economic "reforms" - there is clearly only one group that benefits from these and it certainly is not the Yugoslav people. -----Original Message----- From: Nancy Hey [mailto:[EMAIL PROTECTED]] Sent: 17 January 2002 21:59 To: [EMAIL PROTECTED] Subject: Re: Increased capitalism in Yugoslavia [WWW.STOPNATO.ORG.UK] HTTP://WWW.STOPNATO.ORG.UK --------------------------- This is a very bad sign. People in Yugoslavia will soon find out, as people in Russia have, that American capitalism is not all it's cracked up to be! Barry Stoller wrote: > HTTP://WWW.STOPNATO.ORG.UK > --------------------------- > > AFP. 17 January 2002. Yugoslavia adopts new foreign investment law. > > BELGRADE -- The Yugoslav parliament adopted on Thursday a foreign > investment law aimed at attracting desperately needed funds to revive > the economy. > > The law facilitates foreign companies' operations in Yugoslavia, giving > them additional guarantees for their investments in the country. > > During the parliamentary debate, Yugoslav Deputy Prime Minister Miroljub > Labus said that Belgrade expected foreign investments to double this > year, promising that the new law would be "more liberal" and was > designed to "stimulate foreign investors," Tanjug news agency reported. > > Labus said that in 2001, since reformers took over from Milosevic, 1,319 > foreign companies with a total capital of 595 million German marks (304 > million euros, 268 million dollars) started operations in the country. > > The new law is a part of a package of economic reforms aimed at > liberalisation of the economy. > > The parliament of Serbia, the dominant republic of Yugoslavia, has > already adopted privatisation and labour law under a reform drive. > > Following the reformers rise to power in October 2000, the country's > total foreign debt has reached 12 billion dollars. > > This amount represents almost 140 percent of the gross domestic product > (GDP), a debt of more than 1,200 US dollars per citizen. > > Last November, the Paris Club of creditor nations decided to write off > 66 percent of almost 4.5 billion dollars in Yugoslavia's debt. > > Belgrade's package of reforms has won support within the international > community, and the first donors conference for Yugoslavia last June > attracted 1.3 billion dollars, of which 62 percent was in the form of > donations. > > . . . . . . . . . . . . . . . . . . . . . . . > > Barry Stoller > http://groups.yahoo.com/group/ProletarianNews > -------------------------------------------------------------------------- The information contained in this message is confidential and is intended for the addressee only. If you have received this message in error or there are any problems please notify the originator immediately. The unauthorised use, disclosure, copying or alteration of this message is strictly forbidden. This mail and any attachments have been scanned for viruses prior to leaving Barts & The London NHS Trust network. Barts & The London NHS Trust will not be liable for direct, special, indirect or consequential damages arising from alteration of the contents of this message by a third party or as a result of any virus being passed on. -------------------------------------------------------------------------- ==^================================================================ This email was sent to: [email protected] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84x2u.a9WB2D Or send an email to: [EMAIL PROTECTED] T O P I C A -- Register now to manage your mail! http://www.topica.com/partner/tag02/register ==^================================================================
