The
global economic crisis that began four years ago, has not bypassed the Balkans. While Western
countries are slowly overcoming the economic crisis, Balkan countries still do
not see the way out from the current situation:
Balkan consumers' response to the ongoing economic crisis is to spend
less and save more. The drop in income, loss of jobs and other effects
of the crisis have led Balkan consumers to reduce consumption in their
daily expenses, personal investments and higher-priced goods.
Severe
droughts that have hit
the Balkan this year, will
impact on the worsening economic crisis in the Balkans:
Looking at six South-East European countries of Albania, Bosnia and
Herzegovina, Kosovo, Macedonia, Montenegro and Serbia, dubbed SEE6, the
WB warns at the beginning of its report that they “depend critically on
factors that are largely beyond the control of their governments. They
are influenced by the global slowdown and uncertainties in the Euro zone
(EZ).” source: http://www.wsws.org/articles/2011/nov2011/comm-n22.shtml
In the following text you can find interesting
information how economic crisis
has affected job finding and general employment:
The Balkan Jobs Crisis
By S. Adam Cardais + April 19th, 2012
In a new op-ed, Kori Udovicki of the UN Development Programme and Gerald Knaus, founder of the European Stability Initiative think tank, ask how things got so dire.
Why are there more than 10,000 jobs in the furniture industry in the central Turkish city of Kayseri, far from any forests, but not in Bosnia? Why are household appliance producers doing well in Slovenia, Romania and Turkey, but not in the Western Balkans? And why is there so little agro-processing for the EU market? more on : http://eastofcenter.tol.org/2012/04/the-balkan-jobs-crisis/
However, stories about people who have been directly affected by the economic crisis in the Balkans, in the best way show how serious the situation is:
source: http://setimes.com/cocoon/setimes/xhtml/en_GB/features/setimes/features/2012/01/20/feature-04
Belgrade resident Jelena Stankovic, 33, works in an international creative marketing agency, surviving cut after cut in both staffing and salary. Though still employed, she tells SETimes she needs a new job as soon as possible "because my salary is becoming smaller and smaller from day to day and prices are bigger and bigger from hour to hour".
It's a common thread among many of the world's economies -- concern over the impact of the global financial crisis. In the Balkans it is no less true.
In Kosovo, for example, the crisis could lead to higher prices. "[Since] Kosovo is still a country that mainly imports and depends on imports, we would have an increase of inflation, which would have an impact on family budgets and in the development of businesses," Flamur Keqa, director of the Trade Department in the Ministry of Trade and Industry, tells SETimes.
Life in the Balkans is becoming more difficult, it seems that the middle class of population is slowly disappearing while creates a huge gap between rich and poor:
It looks like that we still need to wait for the better times and way out of the economic crisis:
There are some warnings that the Balkan countries’ economies are likely
to worsen in the upcoming period because of the debt crisis in the
eurozone. Still trying to grapple with the fallout from the global
economic crisis of 2008, regional countries will undoubtedly suffer
deepened socioeconomic woes if a new wave of crisis hits them. The
eurozone crisis is expected to make an impact on the Balkan countries
through financial and commercial channels. The prediction is that the
banking sector there could act with more caution in providing loans..
Here are some of the comments and opinions from social media about Balkan economic crisis:
Anonymous http://setimes.com/cocoon/setimes/xhtml/en_GB/features/setimes/features/2012/01/20/feature-04
I can safely say that the crisis has hit many.
For instance, people are losing their jobs or their salaries are regularly
reduced. Those who have lost or will lose their jobs, they are forced to do any
other work to survive. I think a similar situation and fate is shared by
hundreds of thousands of people in southeastern Europe, whose revenues are
reduced. It is certain that the global crisis has affected the standards of
families much more than the macro-economic parameters in the countries of the
region do show. Let us say that in Western Europe people spend less money on
the basic expense items due to the crisis. In the transition region,
consumption has been reduced, which means we have less money for basic
necessities, which actually make the real life bearable. Something like this
certainly shows that many people suffer more in the transition region than in
Western Europe. This is very evident in the Western Balkans. We have reduced
consumption because much less money pours into families. When in Western Europe
people lose their jobs, 35 to 50% of them receive assistance from the state,
and when the same thing happens in the Balkans, 5-10% receive the same kind of
help. Something like this should mean that the institutions in this region do
not have the capacity to assist citizens in times of crisis. I think the
worsened way of living causes a reduction in public confidence in the region
into the democratic system and that pessimism can motivate them to support
nationalist policies. The economic problems that the Western Balkans countries
are facing are largely of external nature and are beyond their control. They
are not the ones who started the crisis in the euro area, and the actions that
should be taken should mainly be defensive in nature
Dinkić kaze da je cilj vlade je da Srbija ne
bankrotira. Odavno smo mi bankrotirali, samo smo to lukavo nazvali ekonomska
kriza
ekonomska kriza nam je zagarantovana bar jos
50 godina,uostalom kao i politicka ...
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