State aid for large companies as well, plus more minimum wages for tourism: The package expands

Banks and financial institutions are left out

A new package of state aid for the economy will also include assistance to large companies in Serbia, and probably another payment of the minimum wage for tourist industry workers, Serbian President Aleksandar Vucic has said.

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Vucic said that he asked the Government and the minister of finance to include big companies, except banks and financial institutions, into the assistance package.

"I believe that they will adopt that," said Vucic. He added that the new aid package will be presented by the end of the week and should include large companies, as well as the tourism sector. Most likely, he said, the latter will happen in the form of a minimum wage payment.

Serbia increases exports to China by 50 times

We have extraordinary cooperation with China, the One Belt, One Road initiative is very important, and they helped us not only not be in debt with Zelezara or RTB Bor, but are at the same time the biggest exporters in Serbia, said the president of Serbia.

Addressing the media, he said that Serbia has increased exports to China by 50 times over the last ten years, which speaks to how big that cooperation is.

Vucic also recalled that a contract worth 3.2 billion euros has been signed with the Chinese to build sewage infrastructure and a waste disposal plants in 65 municipalities.

At the invitation of Chinese President Xi Jinping, Vucic today participated in a video summit organized by China and 17 countries of Central and Eastern Europe.

(Telegraf Biznis)