Serbia's parliament passes laws to speed up state asset sales


  • World
  • Saturday, 02 Aug 2014

BELGRADE (Reuters) - Serbia's parliament passed a new law on privatisation on Saturday to accelerate the sale of loss-making state companies and to curb spending.

Backed by 165 of 170 lawmakers attending an extraordinary session of the 250-seat parliament, the law will also enable Serbia to receive a $250 million budget support loan from the World Bank.

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