Đilas, Photo: Screenshot/Youtube
The president of the Freedom and Justice Party (SSP), Dragan Đilas, assessed today that Serbia “cannot wait any longer” and must immediately take over the management of the Oil Industry of Serbia (NIS), in a similar way to what Germany and Bulgaria have done, and that otherwise citizens may once again find themselves in a situation of buying fuel “on the streets in canisters and Coca-Cola bottles.”
He added in his podcast “The Guilty One” that the only reason this hasn’t already been done is the “cowardice” of Serbian President Aleksandar Vučić.
“Serbia and the entire nation must not be held hostage to the lies and miscalculations of Aleksandar Vučić. Serbia must follow the Bulgarian or German model, to pass a law that the representative of state capital decides as if he were the owner of 100% of the shares. The Bulgarians have provided by law that he can also initiate the procedure for selling part of the company’s ownership, but they have never used that,” said Đilas.
He also, commenting on the dinar exchange rate and the alleged shortage of euros in exchange offices, stated that the dinar exchange rate against the euro will be stable until the moment when Serbia will no longer be able to borrow “new billions of euros.”
“And that time is approaching because we are already an over-indebted country. And we will only be… Let me explain in a very simplified way how the exchange rate is determined and why it is at 118 (dinar) when inflation in five years is at least 50 percent and at least that many dinars have been printed. Money has its price, like any other commodity. The fewer dinars, the more the dinar is worth, the more dinars, the lower its price should be. But that is not happening here. Why? Because we always have a lot of euros. Where do we get them when the economy is not doing very well? From loans and issuing bonds,” believes Đilas.
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