SERBIA - New Government Cabinet- Old Challenges (May 21, 2014) | Eurobank
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• The ruling party SNS won a landslide victory in the early parliamentary elections which enables it to accelerate fiscal consolidation efforts and implement difficult structural reforms
• The negative impact from floods is expected to put additional downward pressure on growth in 2014
• The fiscal target was slightly outperformed in 2013, yet fiscal consolidation challenges remain largely unattended