Serbia picks commerce chief to run economy ministry
The head of Serbia's Chamber of Commerce was nominated on Tuesday to take on the restructuring and selling of hundreds of state enterprises as economy minister in a government under pressure to rein in borrowing. Prime Minister Aleksandar Vucic said Zeljko Sertic, a member of his own Serbian Progressive Party (SNS), would take on the post pending parliamentary endorsement. If endorsed by parliament, the 47-year-old would succeed Dusan Vujovic, who swapped the economy portfolio for the finance ministry this month. Vujovic replaced Lazar Krstic, who resigned as finance minister in July citing a lack of support from Vucic for the radical spending cuts he had advocated to cut the budget deficit.
