A new emerging economic Yugoslavia
Left in the past memories of the bloody wars in the 90’s, today the former Yugoslav republics opportunity to look again to unite – but the economy in order to achieve better marketing results, „wrote agency Bloomberg. Negotiations are underway between Serbia, Slovenia and Croatia for a group of airlines, stock exchanges and the railways of the three independent states. Thus, their economies will be given an incentive of reunification and achieve economies of scale. They are natural partners – said the new specialist markets in London. The cumulative GDP of the six former Yugoslav republics plus Kosovo secessionists was 192 billion dollars, that equals the product of the Republic or Portugal.
In the Slovenian Alpine resort held Southeastern Economic Forum, which involved taking heads of leading companies from the former Yugoslavia. Theme of the meeting was how to boost economic ties across borders. Attended by leaders of the Slovenian white goods producer Gorenje, Serbian refinery Naftna Industrija Srbije, Croatian cosmetic company Atlantic Grupa and many others. Times have changed. Earlier, politicians across the „Yugosferata“ criticizing their business if they do business with your neighbors.
Today their agenda is how to market to offer „top quality products ever united Yugoslavia.
Political obstacles to reunification, even economic, are numerous. For example, Slovenia now stopped attempts by Croatia and Serbia to join the EU because of the dispute within the first and corruption in the second as the Balkans, in Serbia is corrupt only Bosnia and Herzegovina, according to Transparency International. People here are not ready for the idea of Yugosferata – but actually they are already living there. At breakfast, they drink milk from Croatia while Bosnian watching TV and eating wafers produced in a Serbian company, owned by Slovenian company – which will soon merge with Croatia holding. So remarks Tim Judah magazine The Economist, who first proposed the term „Yugosfera. If political conditions are good, trade is improving – read reviews of local businessmen.
Of improving contacts between the three republics of Serbia, Croatia and Slovenia will actually benefit the entire European Union.
Slovenia, already a member of the euro area is likely to have a leadership role in the process of economic unification, which seemed to be confirmed by the Balkan expansion of supermarket chain Mercator. Croatia and Slovenia have already promised to solve their border disputes and to agree on a debt of Nova Ljubljanska Banka, which from the time of Yugoslavia has not paid the Croatian depositors around 208 million dollars, without interest. After the first formal negotiations on the unification of the railway companies of Serbia, Slovenia and Croatia, which was also decided to simplify customs procedures across borders at the end of September, representatives of the parties will meet to agree a common stock exchange. It seems things are serious.
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Finance