May 9, 2008
In the run-up to Serbia’s election, the EU offered a Stability and Association Pact to the country. The same day Italy’s Fiat signed a memorandum of understanding with Serbia launching a strategic partnership and joint 700-millio-euro investment on car maker Zastava. Serbian Deputy Prime Minister Bozidar Djelic said that Serbia’s agreement with the EU and the agreement with Fiat are connected. In other words, it is claimed that if the winner of Serbia’s divisive election will not recognize the country’s association pact with the EU, the Fiat deal will be void, too.
Posted by Dániel Antal