Serbia’s Participation in South Stream Not at Risk

Politics ♦ Published: October 14, 2013; 11:44 ♦ (Vindobona)

According to Petar Skundic, Serbian energy advisor to the Prime Minister, the gas pipeline project is not imperiled by the government’s austerity measures.

Serbia’s Participation in South Stream Not at Risk / Picture: © Vindobona.org

On Monday, Skundric announced that the austerity measures in regard to public finances will not impede the fulfillment of the energy project.

“The Serbian side has secured what was necessary for the start of works on the South Stream gas pipeline, and the total financing and the financial construction will be determined in an agreement with the general manager of the project -…