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Commenting on the impact of global conflicts on Europe, Vucic predicted that the war in Ukraine, the Israeli-Palestinian war and the recent Houthi attacks in the Red Sea would increase the operating costs of European companies and affect economic growth.
Serbia and the other countries of the Western Balkans need a stronger Germany, Serbian President Aleksandar Vucic said during a debate at the World Economic Forum in Davos, where he noted that Serbia had doubled its GDP over ten years. last.
Participants in the debate on "New Eurasian Dawn" included Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), Mirek Dušek of the World Economic Program, Prime Minister of Georgia Irakli Garibashvili, Turkish businessman Cenk Alper and Minister of Economy of Kazakhstan, Alibek Kuantirov.
Vucic, who commented on relations between the EU and the Western Balkans, expressed his gratitude to European taxpayers for the support Serbia receives and highlighted the economic impact of Germany's current recession on the region.
"When Germany coughs, we get pneumonia," he joked.
Commenting on the respective MoD governments. Garibashvili and Kuantirov, Mr. Vucic congratulated Georgia on its economic success and praised Kazakhstan's economic results.
Vučić also emphasized the need for Chinese investments for development, rejecting the EU's pressure on this issue and affirming Serbia's commitment to Chinese investments, which account for 30% of total foreign investments.
"Some still appease EU officials while complaining about financial difficulties. This is not the case for Serbia", added Vucic.
Mr. Kuantirov expressed his agreement with Mr. Vucic, stressing that governments should prioritize their economies and people instead of aligning themselves with specific nations.
Vucic also mentioned the 3.5% increase in Serbian GDP that is expected this year and expressed the belief that Serbia can exceed this figure as well. He also highlighted Serbia's steady economic growth, attributing 60-64% of foreign direct investment to Europe and 32-33% to Asia.
The Serbian president also emphasized the shift of global economic power to Asia and emphasized the importance of ties with Asian countries. He also welcomed the creation of the European Political Community, which allows discussions between EU countries and non-EU countries.
Regarding Serbia's economic plans, Vucic also announced a major plan to be presented on Saturday (20 January) and asked for support from the EBRD, citing their successful cooperation in the past.
Commenting on the impact of global conflicts on Europe, Vucic predicted that the war in Ukraine, the Israeli-Palestinian war and the recent Houthi attacks in the Red Sea would increase the operating costs of European companies and affect economic growth.
In conclusion, the Serbian president emphasized the need for economic, transport, energy and digital connections with other countries to ensure the future development of Serbia./Euroactiv
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