piano imagemap test

piano H-1 C0 CIS0 > D0 DIS0 E0 F0 FIS0 G0 GIS0 A0 B0 H0 C1 CIS1 D1 DIS1 E1 F1 FIS1 G1 GIS1 A1 B1 H1 C2 CIS2 D2 DIS2 E2 F2

Labels

Wirtschaft (156) Pressefreiheit (151) Österreich (125) IT (110) code (70) Staatsschulden (37) EZB (27) Pensionssystem (16) Geopolitik (12)

2014-06-22

Comparing macro economic indicators of Serbia with Austria

see http://www.tradingeconomics.com/serbia/indicators and http://www.tradingeconomics.com/austria/indicators

What could be the benefits of Serbia, how can Serbia recover?

Inflation rate in Serbia is at 2.1% and at 1.8% in Austria
Consumer price index (CPI) is at 180.2 in Serbia and at 110 in Austria (Serbia : Austria +63%)
If we compare consumer prices and inflation indicators to prime and key interest rates, then we might wonder:
On June 12th serbian central bank cuts its prime rates by (- 0.50) to very proud 8.50%.

Before we enjoy too fast over high interest rates in Serbia, we have at first take a look at the exchange rate of Euro to serbian Dinar:
http://www.finanzen.at/devisen/chart/euro-serbischer_dinar-kurs
Well the € climbed up from 114,5 one year ago to 115,5 (that's about +0.8% not much compared to prime rate difference). However, other things in that forex chart scare me a little bit.
Hätte jemand vor einem Jahr Geld auf ein Sparbuch in serbischen Dinar gelegt, dann hätte das 8,5% Guthabenzinsen und -0,8 Wechselkursverlust zum Euro gebracht.
A negative point for Serbia are not heavy but slight problems in the balance of payments, current account and trade balance.

The biggest advantage of Serbia are very appropriate business friendly taxes.
Social security contributions are almost as high as in Austria. (But don't forget, that Serbia still has to provide war disability pensions  for heavy wounded soldiers as part from social security.)

Keine Kommentare:

Kommentar veröffentlichen