Rebalancing Serbia’s budget in anticipation of real austerity
Two months after a public debt crisis was declared and with various anti-crisis scenarios in circulation, the budget of Serbia was rebalanced in early June. If the balancing act had been a play, “Much Ado about Nothing” would have been a very fitting title for a great deal of windy […]
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Austerity without protests: how to do it?
In February and March 2011 thousands of citizens organized through social networks came out to protest in Zagreb against the worsening social and economic situation in Croatia. In January 2012 protests against austerity measures in Bucharest turned violent. In February 2013 the government of Bulgaria fell because of protests in […]