Serbia: regulations, resignations and elections
The Serbian political scene has seen a good deal of turbulence these past months due to all the events preceding the elections. It all commenced in December when the public discussion on the draft of the Labor Law began, only to result in massive protests of workers and unions. Serbian leaders were under public scrutiny, pressure was high and the draft was soon withdrawn. The domino effect that ensued knocked down the whole package of announced measures encompassing labour, bankruptcy, privatisation and other matters, forcing the main initiator of those regulation proposals, former Serbian minister of economy Saša Radulovid, to resign…
Click on the link below to read the rest of the JPM Jankovic Popovic Mitic briefing.
Briefings from JPM Jankovic Popovic Mitic
The new law came into force on 13 August 2014, and the deadline for privatisation of socially owned capital to be completed is 31 December 2015.
The amendments and supplements to the Bankruptcy Law that were adopted on 2 August 2014 came into force on 13 August 2014.