%PDF-1.4
%
1 0 obj
<<
/Title (wiiw Current Analyses and Forecasts 4: Serbia: continuous deterioration)
/Author (Vladimir Gligorov)
/Creator (PScript5.dll Version 5.2.2)
/ModDate (D:20150126180403+01'00')
/Subject (Serbia: continuous deterioration)
/Producer (Acrobat Distiller 5.0 \(Windows\))
/CreationDate (D:20090709143252+01'00')
/PXCViewerInfo (PDF-XChange Viewer;2.5.212.0;Aug 29 2013;18:41:41;D:20150126180403+01'00')
>>
endobj
2 0 obj
<<
/JT 3 0 R
/Type /Catalog
/Pages 4 0 R
/Metadata 5 0 R
/PageLabels 6 0 R
>>
endobj
3 0 obj
<<
/A [7 0 R]
/V 1.10001
/Cn [8 0 R]
>>
endobj
4 0 obj
<<
/Kids [9 0 R 10 0 R 11 0 R]
/Type /Pages
/Count 3
/MediaBox [0 0 595 842]
>>
endobj
5 0 obj
<<
/Type /Metadata
/Length 3305
/Subtype /XML
>>
stream
Acrobat Distiller 5.0 (Windows)
2009-07-09T12:32:52Z
2015-01-26T18:04:03+01:00
2009-07-09T12:32:52Z
PScript5.dll Version 5.2.2
Vladimir Gligorov
wiiw Current Analyses and Forecasts 4: Serbia: continuous deterioration
Serbia: continuous deterioration
endstream
endobj
6 0 obj
<<
/Nums [0 12 0 R]
>>
endobj
7 0 obj
<<
/Dt (D:20090709143255)
/JTM (Distiller)
>>
endobj
8 0 obj
<<
/D [13 0 R]
/MS 14 0 R
/Type /JobTicketContents
>>
endobj
9 0 obj
<<
/Type /Page
/Thumb 15 0 R
/Parent 4 0 R
/Contents 16 0 R
/Resources 17 0 R
>>
endobj
10 0 obj
<<
/Type /Page
/Thumb 18 0 R
/Parent 4 0 R
/Contents 19 0 R
/Resources 20 0 R
>>
endobj
11 0 obj
<<
/Type /Page
/Thumb 21 0 R
/Parent 4 0 R
/Contents 22 0 R
/Resources 23 0 R
>>
endobj
12 0 obj
<<
/S /D
>>
endobj
13 0 obj
<<
/P [24 0 R]
/Fi [25 0 R]
>>
endobj
14 0 obj
<<
/Me 26 0 R
>>
endobj
15 0 obj
<<
/Width 74
/Filter [/ASCII85Decode /FlateDecode]
/Height 105
/Length 257
/ColorSpace 27 0 R
/BitsPerComponent 8
>>
stream
8;Z]!h$q7E%#!,,L.eM[!E]=Yf0grmFo;_!6.ut6p4ObrDZ!e6ef?)";YGjW*+;S!8!HA"t%I$!6<
YlRG;>$.9Ts'Sh?6@OIZU[#udl`aM'6Is$9qbE6u4BK-AA0$^3!6GO4('~>
endstream
endobj
16 0 obj
<<
/Length 12339
>>
stream
BT
/TT2 1 Tf
10.98 0 0 10.98 88.38 780.1403 Tm
/Cs6 cs 0.66 0.668 0.68 scn
/GS1 gs
0 Tc
0 Tw
( )Tj
/TT4 1 Tf
13.98 0 0 13.98 269.4 780.7403 Tm
0 0 0 scn
( )Tj
/TT2 1 Tf
10.98 0 0 10.98 419.7 783.5603 Tm
0.66 0.668 0.68 scn
( )Tj
10.02 0 0 10.02 82.98 768.3803 Tm
0 0 0 scn
0.0002 Tc
-0.0026 Tw
[(Futur)6.1(e EU member state)5.5(s)-0.5( )-22197.6(Coun)6.3(tr)-5.9(y)17.4( reports)]TJ
ET
0.754 0.754 0.754 scn
82.26 763.16 187.14 -0.48 re
f
268.68 763.16 241.68 -0.48 re
f
BT
/TT6 1 Tf
10.02 0 0 10.02 85.08 753.5003 Tm
0 0 0 scn
0 Tc
0 Tw
( )Tj
0 -1.1437 TD
( )Tj
0 -1.1497 TD
( )Tj
0 -61.8922 TD
( )Tj
0 -1.1497 TD
( )Tj
0 -1.1437 TD
( )Tj
/TT2 1 Tf
10.98 0 0 10.98 504.24 73.2803 Tm
0.754 0.754 0.754 scn
(1)Tj
/TT6 1 Tf
7.98 0 0 7.98 510.36 73.2803 Tm
0 0 0 scn
( )Tj
ET
0.754 0.754 0.754 scn
83.58 85.04 428.28 -0.48 re
f
q
1 i
85.26 727.82 105.9 -96.12 re
W* n
q
109.44 0 0 96.06 85.02 631.7003 cm
/Im1 Do
Q
Q
BT
/TT8 1 Tf
13.98 0 0 13.98 196.86 716.3003 Tm
0 0 0 scn
-0.0355 Tc
0.0023 Tw
[(Vla)-3(d)1.3(imir Glig)-3(orov)-3.3( )]TJ
/TT2 1 Tf
16.02 0 0 16.02 202.5 680.5403 Tm
0.137 0.121 0.125 scn
-0.0005 Tc
0 Tw
(Serbia: )Tj
13.98 0 0 13.98 202.5 663.9803 Tm
0.0004 Tc
0.0007 Tw
(continuous deterioration )Tj
ET
0.602 0.602 0.602 scn
84.84 728.18 0.48 -0.48 re
f
84.84 728.18 106.86 -0.48 re
f
191.22 728.18 0.48 -0.48 re
f
84.84 727.7 0.48 -96.54 re
f
84.84 631.64 106.38 -0.48 re
f
191.22 727.7 0.48 -96.54 re
f
191.22 631.64 0.48 -0.48 re
f
BT
/TT8 1 Tf
13.98 0 0 13.98 85.08 619.7603 Tm
0 0 0 scn
0 Tc
0 Tw
( )Tj
/TT4 1 Tf
10.02 0 0 10.02 85.08 593.1803 Tm
-0.0227 Tc
0.0383 Tw
[(T)-4.7(h)0.5(e)-5.5( )6(c)-7.7(r)-1.1(is)-7.7(is)-7.7( has h)-5.5(i)-4.1(t Serb)-5.5(ia)-5.5( ha)-5.5(rd)-5.5(er)-7.1( than)-5.5( has)-7.7( b)-5.5(een)-5.5( e)-5.5(x)4.2(p)-5.5(e)0.5(c)-7.7(t)3.6(ed)-5.5(. G)-5.3(i)-4.1(ven)-5.5( tha)-5.5(t)-2.4( th)-5.5(e)-5.5( )6(ec)-7.7(ono)-5.5(my is)-7.7( qu)-5.5(ite)-5.5( )6(c)-7.7(l)1.9(os)-7.7(ed, in )]TJ
0 -1.4012 TD
-0.0184 Tc
0.028 Tw
[(te)4.8(rm)6.2(s )6(of)7.9( ex)8.5(p)4.8(o)4.8(r)-2.8(t)7.9(s)-3.4(, t)7.9(h)4.8(e )6(de)4.8(cli)6.2(n)4.8(e i)6.2(n)4.8( fo)4.8(rei)6.2(g)-1.2(n)4.8( t)7.9(r)3.2(ad)4.8(e )6(wa)4.8(s n)4.8(o)-1.2(t )6(b)4.8(e)-1.2(li)6.2(ev)8.5(ed)4.8( to)4.8( h)4.8(a)-1.2(v)8.5(e)-1.2( )6(a )6(la)4.8(rge)4.8( i)6.2(n)-1.2(fl)6.2(u)4.8(e)-1.2(n)4.8(c)2.6(e )6(o)4.8(n)-1.2( )6(do)4.8(m)6.2(e)4.8(sti)6.2(c)-9.4( )]TJ
0 -1.3952 TD
-0.0182 Tc
0.2134 Tw
[(con)5(s)2.8(um)6.4(pti)6.4(o)5(n an)5(d i)6.4(n)-1(ve)5(st)8.1(me)5(nt a)5(nd t)8.1(h)-1(u)5(s)-3.2( )6(on )6(pro)5(d)-1(u)5(c)-3.2(t)8.1(i)0.4(o)5(n)5(.)2.1( Ho)5(wev)8.7(e)-1(r, )6(re)5(lia)5(n)5(c)2.8(e o)5(n)-1( fo)5(rei)6.4(gn fi)6.4(n)5(a)-1(n)5(c)-3.2(i)6.4(n)5(g)5( is )]TJ
T*
-0.0179 Tc
0.0035 Tw
[(he)5.3(avy )5.9(an)5.3(d t)8.4(h)-0.7(a)5.3(t)2.4( d)5.3(r)-2.3(i)6.7(ed )5.9(o)5.3(u)-0.7(t i)6.7(n)-0.7( t)8.4(he f)8.4(i)6.7(rst q)5.3(u)5.3(a)-0.7(rt)8.4(e)5.3(r)3.7( of )5.9(20)5.3(09)5.3( a)5.3(n)-0.7(d)5.3( h)5.3(a)5.3(s)-2.9( n)5.3(o)-0.7(t )5.9(re)5.3(cov)9(e)5.3(red )5.9(sin)5.3(c)3.1(e. )5.9(Th)5.3(i)6.7(s)3.1( ha)5.3(s )5.9(le)5.3(d t)8.4(o)-0.7( )5.9(hi)6.7(g)5.3(h)-6.7( )]TJ
0 -1.4012 TD
-0.0198 Tc
0.0054 Tw
[(illi)4.8(quidity )5.9(in the )5.9(economy)7.1( and t)6.5(h)-2.6(us t)6.5(o)-2.6( )5.9(a )5.9(sharp decli)4.8(ne)]TJ
22.0359 0 TD
-0.0191 Tc
-0.0012 Tw
[( in consum)5.5(pti)5.5(o)4.1(n and inv)7.8(e)4.1(st)7.2(ment. )-5.9(I)7.2(n)-1.9( sum)5.5(,)1.2( GDP)7.2( )-5.9(i)5.5(s)-4.1( )]TJ
-22.0359 -1.3952 TD
-0.0186 Tc
0.0222 Tw
[(cont)7.7(ra)4.6(cti)6(n)-1.4(g)4.6( by)8.3( 5% t)7.7(o)-1.4( )6(6% y)8.3(e)4.6(ar-o)4.6(n-y)8.3(e)4.6(a)4.6(r)-3(. In)4.6(ve)4.6(stm)6(ent)7.7( i)6(s)-3.6( f)7.7(a)-1.4(l)6(lin)4.6(g )6(eve)4.6(n)-1.4( )6(mo)4.6(re, t)7.7(h)-1.4(o)4.6(u)-1.4(g)4.6(h)-1.4( t)7.7(h)4.6(e )6(dat)7.7(a )6(a)4.6(r)-3(e )6(n)4.6(o)-1.4(t v)8.3(e)-1.4(ry)8.3( )]TJ
T*
-0.0184 Tc
-0.0079 Tw
[(re)4.8(li)6.2(ab)4.8(le. Co)4.8(n)4.8(s)2.6(um)6.2(pti)6.2(on i)6.2(s)-3.4( )-6(a)4.8(l)6.2(so )-6(d)4.8(e)4.8(c)-3.4(l)6.2(i)0.2(n)4.8(i)0.2(n)4.8(g)-1.2(, whi)6.2(c)2.6(h ca)4.8(n be see)4.8(n)-1.2( )-6(f)7.9(r)-2.8(o)4.8(m)0.2( )-6(t)7.9(he sha)4.8(r)3.2(p )-5.9(fa)4.8(ll )-6(i)6.2(n)-1.2( )-6(i)6.2(m)6.2(p)-1.2(o)4.8(r)-2.8(t)7.9(s)-3.4(. )]TJ
0 -1.4012 TD
0 Tc
0 Tw
( )Tj
0 -1.3952 TD
-0.0225 Tc
0.0261 Tw
[(Pu)-5.3(blic)-7.5( )6(c)-7.5(onsump)-5.3(t)-2.2(ion)-5.3( is)-7.5( un)-5.3(de)-5.3(r)-6.9( )6(s)-7.5(i)2.1(gn)-5.3(ifican)-5.3(t p)-5.3(r)-0.9(essur)-6.9(e)-5.3( becaus)-7.5(e)-5.3( )6(e)-5.3(x)-1.5(pe)-5.3(nd)-5.3(itur)-6.9(e)-5.3( )6(o)-5.3(b)0.7(lig)-5.3(a)-5.3(t)3.8(ions)-7.5( we)-5.3(re)-5.3( inc)-7.5(r)-0.9(eas)-7.5(ed)-5.3( a)-5.3(t)3.8( )]TJ
T*
-0.0222 Tc
0.1096 Tw
[(th)-5(e)-5( end)-5( o)-5(f)-1.9( last ye)-5(ar)-6.6(, wh)-5(ile)-5( re)-5(venu)-5(es)-7.2( ha)-5(ve b)-5(e)-5(e)1(n)-5( fallin)-5(g)-5( th)-5(rou)-5(gho)-5(u)-5(t)-1.9( th)-5(is)-7.2( year)-6.6(. In)-5( mid-)-6.6(year)-6.6(, the)-5( fisca)-5(l )]TJ
0 -1.4012 TD
-0.0193 Tc
0.0289 Tw
[(def)7(i)5.3(c)-4.3(it i)5.3(s)1.7( headed t)7(o)3.9(wards )6(5% of )]TJ
13.6287 0 TD
0.023 Tw
[(GDP. There will be some more cl)5.2(ar)]TJ
15.0539 0 TD
-0.0196 Tc
0.0292 Tw
[(it)6.7(y once t)6.7(h)3.6(e new )6(budget)6.7( revi)5(si)5(on )]TJ
-28.6826 -1.3952 TD
-0.0221 Tc
0.0976 Tw
[(is)-7.1( d)-4.9(one)-4.9(, )-6(pro)-4.9(b)1.1(a)-4.9(b)1.1(ly )-5.9(in)-4.9( e)-4.9(a)1.1(r)-6.5(l)-3.5(y a)-4.9(u)-4.9(t)4.2(u)-4.9(m)2.5(n)-4.9(.)-1.8( )-5.9(Tho)-4.9(u)1.1(g)-4.9(h)-4.9( )-5.9(th)-4.9(e)-4.9( d)-4.9(e)-4.9(f)4.2(ic)-7.1(it is)-7.1( )-5.9(incr)-6.5(eas)-7.1(ing)-4.9(,)-1.8( p)-4.9(u)1.1(b)-4.9(lic)-7.1( )-6(e)-4.9(x)4.8(p)-4.9(enditur)-6.5(e)1.1(s)-7.1( ar)-6.5(e)-4.9( n)-4.9(o)-4.9(t)-1.8(, )-6(in)-4.9( )]TJ
T*
-0.0181 Tc
0.2373 Tw
[(re)5.1(al)6.5( )-6(te)5.1(rm)6.5(s. )-6(T)5.9(h)-0.9(u)5.1(s)-3.1(, p)5.1(u)-0.9(b)5.1(l)0.5(i)6.5(c)-3.1( spe)5.1(n)5.1(d)-0.9(i)6.5(ng h)5.1(a)5.1(s)-3.1( a )-6(p)5.1(r)3.5(o)5.1(-)3.5(cy)8.8(cli)6.5(c)2.9(al)6.5( )-6(infl)6.5(u)5.1(e)-0.9(n)5.1(c)2.9(e an)5.1(d )-6(th)5.1(e ch)5.1(an)5.1(ce)5.1(s a)5.1(r)-2.5(e )-6(t)8.2(h)5.1(at )-6(it wi)6.5(ll)6.5( )]TJ
0 -1.4012 TD
-0.0194 Tc
0.2446 Tw
[(cont)6.9(inue to )6(cont)6.9(ri)5.2(bute t)6.9(o)-2.2( t)6.9(he )6(recession because f)6.9(u)]TJ
22.7545 0 TD
-0.0191 Tc
0.2383 Tw
[(rt)7.2(her budget cut)7.2(s)-4.1( will in m)5.5(o)4.1(st )-6(probabil)5.5(ity)7.8( )-6(be)-7.9( )]TJ
-22.7545 -1.3952 TD
-0.0205 Tc
0 Tw
[(necessar)-4.9(y)0.5(. )]TJ
T*
0 Tc
( )Tj
0 -1.4012 TD
-0.0225 Tc
0.098 Tw
[(Ser)-6.9(b)0.7(ia )-6(has)-7.5( conc)-7.5(lu)-5.3(ded)-5.3( )-5.9(its s)-7.5(e)0.7(co)-5.3(nd)-5.3( )-5.9(IMF s)-7.5(t)3.8(an)-5.3(d-b)-5.3(y)-1.5( a)-5.3(g)0.7(ree)-5.3(m)2.1(e)-5.3(n)-5.3(t)3.8( )-6(on)-5.3(ly )-6(few mon)-5.3(t)-2.2(hs a)-5.3(fter )-6(th)-5.3(e )-6(firs)-7.5(t on)-5.3(e was)-13.5( )]TJ
0 -1.3952 TD
0.0202 Tw
[(a)-5.4(ppr)-7(o)-5.4(v)4.3(ed)-5.4(. The)-5.4( )6(cu)-5.4(rre)-5.4(n)-5.4(t)3.7( one)-5.4( )6(ma)-5.4(y )6(pr)-7(o)-5.4(v)4.3(e)-5.4( to)-5.4( )6(b)-5.4(e)0.6( ad)-5.4(equ)-5.4(a)-5.4(t)3.7(e)-5.4( )6(n)-5.4(o)-5.4(t)3.7( bec)-7.6(ause)-5.4( )6(of its)-7.6( po)-5.4(lic)-7.6(y )6(co)-5.4(nte)-5.4(n)-5.4(t)-2.3(, bu)-5.4(t )6(b)-5.4(e)0.6(caus)-7.6(e )]TJ
T*
-0.0228 Tc
0.1701 Tw
[(e)-5.6(x)-1.8(tern)-5.6(al ba)-5.6(lanc)-7.8(es)-7.8( )6(a)-5.6(r)-1.2(e)-5.6( impro)-5.6(v)-1.8(in)-5.6(g)-5.6( fas)-7.8(t)-2.5(er)-7.2( th)-5.6(an)-5.6( e)-5.6(x)4.1(pec)-7.8(ted. T)-4.8(h)-5.6(is)-7.8( is)-7.8( the)-5.6( )6(co)-5.6(nseq)-5.6(uenc)-7.8(e o)-5.6(f)-2.4( th)-5.6(e)-5.6( )6(r)-7.2(e)0.4(cess)-7.8(ion)-11.6( )]TJ
0 -1.4012 TD
-0.0181 Tc
0.2792 Tw
[(be)5.1(in)5.1(g d)5.1(e)-0.9(e)5.1(p)5.1(e)-0.9(r than )6(ant)8.2(i)6.5(c)-3.1(i)6.5(p)5.1(ate)5.1(d)-0.9(. T)5.9(h)-0.9(u)5.1(s)-3.1(, i)6.5(m)0.5(p)5.1(o)5.1(r)-2.5(t)8.2(s)-3.1( a)5.1(r)-2.5(e d)5.1(e)5.1(c)-3.1(li)6.5(ni)6.5(ng f)8.2(a)5.1(ste)5.1(r)-2.5( a)5.1(nd th)5.1(e ex)8.8(cha)5.1(n)5.1(ge )6(rat)8.2(e)-0.9( ha)11.1(s )]TJ
0 -1.3952 TD
-0.0224 Tc
0.008 Tw
[(s)-7.4(t)3.9(a)-5.2(b)0.8(ilized)-5.2( w)-6.8(i)-3.8(tho)-5.2(u)-5.2(t)-2.1( to)-5.2(o)-5.2( much)-5.2( su)-5.2(ppo)-5.2(r)-6.8(t)-2.1( fro)-5.2(m)-3.8( th)-5.2(e)-5.2( )5.9(r)-6.8(e)0.8(ser)-6.8(v)4.5(es)-7.4( o)-5.2(f)3.9( th)-5.2(e)-5.2( )6(c)-7.4(e)0.8(n)-5.2(t)3.9(r)-6.8(a)0.8(l bank)-7.4(. T)-4.4(h)0.8(is)-7.4(, howe)-5.2(v)-1.4(er)-6.8(, is)-7.4( no)-5.2(t goo)-5.2(d)-5.2( )]TJ
T*
-0.0182 Tc
0.0757 Tw
[(ne)5(ws )6(be)5(ca)5(u)5(s)2.8(e it i)6.4(s)-3.2( a )6(sy)8.7(mpt)8.1(o)-1(m )6(of wid)5(e)5(s)2.8(prea)5(d l)6.4(a)5(ck of fi)6.4(n)5(a)-1(n)5(c)2.8(ia)5(l re)5(so)5(u)5(r)3.4(ce)5(s, b)5(o)-1(th )6(in t)8.1(h)5(e p)5(r)-2.6(iv)8.7(at)8.1(e a)5(nd )6(in )]TJ
0 -1.4012 TD
-0.0227 Tc
0.1161 Tw
[(th)-5.5(e)-5.5( )6(pu)-5.5(blic)-7.7( )6(sectors)-7.7(.)-2.4( Inde)-5.5(ed)-5.5(, th)-5.5(e)-5.5( )6(go)-5.5(vern)-5.5(men)-5.5(t)-2.4( is)-7.7( tr)-7.1(yi)]TJ
21.2635 0 TD
-0.0184 Tc
0.1118 Tw
[(n)4.8(g)-1.2( t)7.9(o)-1.2( )6(bo)4.8(rro)4.8(w m)6.2(o)4.8(ne)4.8(y left )6(a)4.8(nd )6(rig)4.8(h)4.8(t)1.9( not)7.9( o)4.8(n)-1.2(ly )6(o)4.8(n)-1.2( i)6.2(t)1.9(s )]TJ
-21.2635 -1.3952 TD
-0.0226 Tc
0.0801 Tw
[(ow)-7(n)-5.4( )6(be)-5.4(ha)-5.4(lf )6(but o)-5.4(n)-5.4( the)-5.4( beh)-5.4(alf o)-5.4(f)-2.3( the)-5.4( )6(cor)-7(pora)-5.4(t)-2.3(e)-5.4( )6(an)-5.4(d)-5.4( the)-5.4( ho)-5.4(useh)-5.4(old)-5.4( )6(sec)-7.6(t)3.7(o)-5.4(r)-1(s too)-5.4(.)-2.3( Th)-5.4(is)-7.6( )6(is)-7.6( )6(b)-5.4(e)0.6(caus)-7.6(e)-5.4( )6(on)-5.4(ly)-7.6( )]TJ
T*
-0.0184 Tc
0.0639 Tw
[(sove)4.8(rei)6.2(gn )6(an)4.8(d)4.8( multi)6.2(l)0.2(at)7.9(e)4.8(r)3.2(al )6(sou)4.8(r)3.2(ce)4.8(s of )6(cre)4.8(d)-1.2(it a)4.8(r)3.2(e re)4.8(ally )6(ava)4.8(i)0.2(l)6.2(abl)6.2(e, t)7.9(h)-1.2(o)4.8(u)-1.2(g)4.8(h)-1.2( it )6(ca)4.8(n)4.8(not )6(be )6(exp)4.8(e)4.8(c)-3.4(t)7.9(ed t)7.9(o)-1.2( b)4.8(e)-1.2( )]TJ
0 -1.4012 TD
-0.0186 Tc
0.0162 Tw
[(very)8.3( g)4.6(e)4.6(n)-1.4(e)4.6(r)3(ou)4.6(s. Th)4.6(u)4.6(s)-3.6(, S)7.7(e)4.6(rbia)4.6( is ex)8.3(p)4.6(e)4.6(c)-3.6(ti)6(ng )6(bu)4.6(d)4.6(get )6(su)4.6(pp)4.6(o)4.6(r)-3(t f)7.7(r)3(om t)7.7(h)4.6(e E)7.7(U)3( of )6(ab)4.6(o)4.6(u)-1.4(t E)7.7(UR 10)4.6(0 )6(mil)6(li)6(on,)7.7( h)4.6(a)4.6(s)2.4( )]TJ
0 -1.3952 TD
-0.0227 Tc
0.1401 Tw
[(incr)-7.1(ease)-5.5(d)0.5( its)-7.7( )6(b)-5.5(o)0.5(rrow)-7.1(i)1.9(n)-5.5(g)-5.5( from the)-5.5( )6(Wor)-7.1(l)1.9(d)-5.5( )6(Ba)-5.5(nk and)-5.5( th)-5.5(e EBRD)-7.1( and)-5.5( )6(has)-7.7( )6(ask)-7.7(e)0.5(d)-5.5( )6(Russ)-7.7(ia)-5.5( for)-7.1( )6(a)-5.5( lo)-5.5(an o)-5.5(f)-2.4( )]TJ
T*
-0.0221 Tc
0.1574 Tw
[(a)-4.9(bou)-4.9(t EUR)-6.5( 1 b)-4.9(illion)-4.9(.)-1.8( These)-4.9( loans)-7.1(, e)-4.9(v)4.8(e)-4.9(n)1.1( if th)-4.9(e)-4.9(y)-1.1( )5.9(ar)-6.5(e)-4.9( )5.9(re)-4.9(alize)-4.9(d)-4.9( )5.9(as)-7.1( in)-4.9(te)-4.9(nde)-4.9(d)-4.9(,)-1.8( )5.9(w)-6.5(i)2.5(ll no)-4.9(t be)-4.9( en)-4.9(oug)-4.9(h a)-4.9(nd )]TJ
0 -1.4012 TD
-0.0041 Tw
[(ce)-5(rta)-5(i)2.4(n)-5(l)-3.6(y pro)-5(v)-1.2(id)-5(e)-5( on)-5(ly )-6(te)-5(mp)-5(or)-6.6(ar)-6.6(y res)-7.2(p)1(ite)-5( from )-6(the)-5( )-6(fina)-5(nc)-7.2(ial )-6(pr)-6.6(ob)-5(lems)-7.2(. )]TJ
0 -1.3952 TD
0 Tc
0 Tw
( )Tj
T*
-0.0185 Tc
0.0461 Tw
[(At the tu)4.7(rn bet)7.8(wee)4.7(n)-1.3( th)4.7(e first )6(an)4.7(d th)4.7(e se)4.7(con)4.7(d)-1.3( qu)4.7(a)4.7(r)-2.9(t)7.8(e)-1.3(r t)7.8(h)-1.3(e)4.7(r)3.1(e wa)4.7(s som)6.1(e)-1.3( i)6.1(n)-1.3(d)4.7(i)6.1(cat)7.8(i)0.1(o)4.7(n)-1.3( th)4.7(at the )6(wo)4.7(rst m)6.1(i)0.1(g)4.7(h)-1.3(t)7.8( )]TJ
0 -1.4012 TD
-0.0179 Tc
0.0155 Tw
[(be )6(ove)5.3(r)-2.3( a)5.3(n)5.3(d)-0.7( that t)8.4(he d)5.3(e)5.3(c)-2.9(l)6.7(i)0.7(n)5.3(e)-0.7( h)5.3(ad )6(sl)6.7(o)5.3(w)-2.3(e)5.3(d)-0.7( )6(do)5.3(wn. L)5.3(a)-0.7(te)5.3(r )6(d)5.3(a)-0.7(ta, )6(e)5.3(s)-2.9(p)5.3(e)5.3(c)-2.9(i)6.7(a)-0.7(lly)9( on m)6.7(ont)8.4(hly g)5.3(r)3.7(o)5.3(w)-2.3(th )6(of in)5.3(du)5.3(st)8.4(ri)6.7(al)6.7( )]TJ
0 -1.3952 TD
-0.0226 Tc
0.1939 Tw
[(p)-5.4(r)-1(od)-5.4(uc)-7.6(tion)-5.4(, ha)-5.4(ve)-5.4( how)-7(e)-5.4(v)4.3(er)-7( n)-5.4(o)-5.4(t)-2.3( pro)-5.4(v)-1.6(ed)-5.4( su)-5.4(ppo)-5.4(r)-7(t)3.7(ive )-6(o)-5.4(f)-2.3( )-6(th)-5.4(is)-7.6( co)-5.4(nclusion)-5.4(. )-6(The)-5.4( )-6(dec)-7.6(line)-5.4( s)-7.6(eems)-7.6( )-6(to )-6(ha)-5.4(ve )]TJ
T*
-0.0224 Tc
0.038 Tw
[(acc)-7.4(e)0.8(lera)-5.2(ted in Apr)-6.8(i)2.2(l )6(an)-5.2(d the)-5.2( )6(sa)-5.2(me)-5.2( )6(ma)-5.2(y tu)-5.2(rn)-5.2( )6(o)-5.2(u)-5.2(t)3.9( to)-5.2( )6(b)-5.2(e)0.8( tr)-6.8(ue)-5.2( for)-6.8( )6(Ma)-5.2(y. Similar)-6.8(ly, figures)-7.4( )6(on)-5.2( for)-6.8(e)0.8(ign)-5.2( )6(tra)-5.2(d)6.8(e )]TJ
ET
endstream
endobj
17 0 obj
<<
/Font <<
/TT2 28 0 R
/TT4 29 0 R
/TT6 30 0 R
/TT8 31 0 R
>>
/ProcSet [/PDF /Text /ImageC /ImageI]
/XObject <<
/Im1 32 0 R
>>
/ExtGState <<
/GS1 33 0 R
>>
/ColorSpace <<
/Cs6 34 0 R
/Cs9 35 0 R
>>
>>
endobj
18 0 obj
<<
/Width 74
/Filter [/ASCII85Decode /FlateDecode]
/Height 105
/Length 106
/ColorSpace 27 0 R
/BitsPerComponent 8
>>
stream
8;Z]_9+$2'$jAo"hYZ@t=lq1@`MI%_&'@RjgX8?3R;eYH'A9^L2Y'C=`HX#k!rtMu
=pAAqQ2pnqZdmPGXoO!iU<_!;^P:pq!s%uaF6N~>
endstream
endobj
19 0 obj
<<
/Length 11914
>>
stream
BT
/TT2 1 Tf
10.98 0 0 10.98 90.42 783.5603 Tm
/Cs6 cs 0.66 0.668 0.68 scn
/GS1 gs
0 Tc
0 Tw
( )Tj
12 0 0 12 114.66 782.6603 Tm
0.0072 Tc
[(wi)10(i)15(w)]TJ
/TT4 1 Tf
0 0 0 scn
2.115 0 TD
0 Tc
( )Tj
/TT2 1 Tf
10.98 0 0 10.98 352.68 783.5603 Tm
0.66 0.668 0.68 scn
( )Tj
-23.8852 -1.3497 TD
( )Tj
10.02 0 0 10.02 114.66 769.7603 Tm
0.0003 Tc
-0.0027 Tw
[(Curre)5.6(nt Anal)8.7(y)11.5(ses and Forecas)5.6(ts | )]TJ
/TT4 1 Tf
16.1377 0 TD
[(July)9.4( 2009 )]TJ
ET
0.754 0.754 0.754 scn
84.36 763.34 30.3 -0.48 re
f
113.94 763.34 233.4 -0.48 re
f
346.62 763.34 163.74 -0.48 re
f
BT
/TT6 1 Tf
10.02 0 0 10.02 85.08 753.6803 Tm
0 0 0 scn
0 Tc
0 Tw
( )Tj
0 -1.1497 TD
( )Tj
0 -1.1437 TD
( )Tj
0 -61.9102 TD
( )Tj
0 -1.1497 TD
( )Tj
0 -1.1437 TD
( )Tj
/TT2 1 Tf
10.98 0 0 10.98 85.08 73.2803 Tm
0.754 0.754 0.754 scn
(2)Tj
/TT6 1 Tf
7.98 0 0 7.98 91.2 73.2803 Tm
0 0 0 scn
( )Tj
ET
0.754 0.754 0.754 scn
83.58 85.04 428.28 -0.48 re
f
q
1 i
94.68 795.62 13.8 -17.46 re
W* n
q
13.6781 0 0 17.28 94.86 778.4003 cm
/Im2 Do
Q
Q
BT
10.02 0 0 10.02 108.42 778.4003 Tm
0 0 0 scn
( )Tj
/TT4 1 Tf
-2.3293 -6.1677 TD
-0.018 Tc
0.339 Tw
[(an)5.2(d on)5.2( )-6(th)5.2(e dev)8.9(el)6.6(o)5.2(p)-0.8(m)6.6(ent)8.3( in )-6(t)8.3(h)5.2(e )-6(l)6.6(a)-0.8(b)5.2(o)5.2(r)-2.4( ma)5.2(rket poi)6.6(nt)8.3( )-6(to a cont)8.3(in)5.2(ui)6.6(ng d)5.2(e)-0.8(te)5.2(rio)5.2(r)3.6(ati)6.6(on.)8.3( )-6(Pa)5.2(rt)8.3(i)6.6(c)-3(ul)6.6(arly)8.9( )]TJ
0 -1.3952 TD
-0.0228 Tc
0.0444 Tw
[(su)-5.6(gges)-7.8(tive)-5.6( is)-7.8( th)-5.6(e)-5.6( )6(sh)-5.6(arp)-5.6( dec)-7.8(lin)-5.6(e)-5.6( in)-5.6( ma)-5.6(nu)-5.6(factur)-7.2(ing)-5.6(,)-2.5( bu)-5.6(t ther)-7.2(e)-5.6( )6(ar)-7.2(e)-5.6( )6(s)-7.8(i)1.8(g)-5.6(n)0.4(s)-7.8( th)-5.6(a)-5.6(t)-2.5( th)-5.6(e)-5.6( )6(se)-5.6(r)-7.2(v)4.1(ices)-7.8( sec)-7.8(t)3.5(o)-5.6(r)-7.2( is)-7.8( )6(a)-5.6(l)1.8(so)-5.6( )]TJ
0 -1.4012 TD
-0.023 Tc
0.1224 Tw
[(co)-5.8(n)-5.8(t)3.3(inu)-5.8(i)1.6(ng)-5.8( )-6(to)-5.8( sh)-5.8(rink)-8(. )-6(The)-5.8( ho)-5.8(pe)-5.8( is)-8( )-6(th)-5.8(a)-5.8(t)3.3( )-6(agr)-7.4(icu)-5.8(l)-4.4(tur)-7.4(e)0.2( w)-7.4(ill )-6(do)-5.8( we)-5.8(ll )-6(an)-5.8(d w)-7.4(i)-4.4(ll s)-8(upp)-5.8(or)-7.4(t e)-5.8(x)3.9(po)-5.8(rts)-8( )-6(of )-6(fo)-5.8(od)-5.8( an)-5.8(d)-5.8( )]TJ
0 -1.3952 TD
-0.0033 Tw
[(fo)-5.8(od)-5.8( p)-5.8(r)-1.4(od)-5.8(uc)-8(ts)-8( wh)-5.8(ich)-5.8( )-6(ha)-5.8(ve)-5.8( )-6(pro)-5.8(v)-2(ed)-5.8( s)-8(t)3.3(a)-5.8(b)0.2(le)-5.8( so)-5.8( )-6(far)-7.4(.)-2.7( )]TJ
T*
0 Tc
0 Tw
( )Tj
0 -1.4012 TD
-0.0184 Tc
0.0699 Tw
[(Th)4.8(e inf)7.9(l)0.2(at)7.9(io)4.8(n )6(rate i)6.2(s)-3.4( )6(sti)6.2(ll rat)7.9(h)4.8(er )6(hi)6.2(gh )6(an)4.8(d th)4.8(ere h)4.8(a)4.8(s)-3.4( ev)8.5(e)4.8(n)-1.2( be)4.8(e)4.8(n)-1.2( som)6.2(e)-1.2( a)4.8(ccel)6.2(e)-1.2(rati)6.2(o)4.8(n)-1.2( of )6(pri)6.2(c)-3.4(e i)6.2(n)4.8(crea)4.8(se)4.8(s. )]TJ
0 -1.3952 TD
-0.0229 Tc
0.0804 Tw
[(T)-4.9(h)0.3(e)-5.7( )-6(fas)-7.9(t)3.4(es)-7.9(t g)-5.7(r)-1.3(ow)-7.3(th )-6(app)-5.7(ears )-6(to)-5.7( be)-5.7( )-6(in)-5.7( con)-5.7(t)3.4(ro)-5.7(lled)-5.7( p)-5.7(r)-1.3(ic)-7.9(es)-7.9(. )-6(In)-5.7( a)-5.7( n)-5.7(u)0.3(mber)-7.3( of )-6(cases)-7.9(,)-2.6( p)-5.7(u)0.3(b)-5.7(lic)-7.9( an)-5.7(d c)-7.9(o)0.3(mmun)-5.7(al)-10.3( )]TJ
T*
0.0386 Tw
[(se)-5.8(r)-7.4(v)3.9(ic)-8(es)-8( )6(are)-5.8( pr)-7.4(ic)-8(ing)-5.8( the)-5.8(i)1.6(r)-7.4( )6(services)-8( )6(h)-5.8(i)1.6(g)-5.8(her)-7.4( bec)-8(ause)-5.8( the)-5.8( tr)-7.4(ans)-8(fers)-8( fro)-5.8(m)-4.4( the)-5.8( bud)-5.8(ge)-5.8(ts)-8( )6(a)-5.8(r)-1.4(e less)-8( )6(g)-5.8(ene)-5.8(rous)-8(. )]TJ
0 -1.4012 TD
-0.0223 Tc
0.1816 Tw
[(Also)-5.1(, )6(p)-5.1(r)-0.7(ic)-7.3(es)-7.3( )6(of o)-5.1(il, gas)-7.3( and g)-5.1(a)0.9(so)-5.1(line)-5.1( ar)-6.7(e n)-5.1(o)-5.1(t)-2( dec)-7.3(li)]TJ
21.976 0 TD
-0.0229 Tc
0.1822 Tw
[(ning a)-5.7(s)-7.9( fas)-7.9(t)-2.6( as)-7.9( the)-5.7( wor)-7.3(l)1.7(d)-5.7( marke)-5.7(t)-2.6( pr)-7.3(ices)-7.9( )6(w)-7.3(ould)-11.7( )]TJ
-21.976 -1.3952 TD
-0.0225 Tc
0.1998 Tw
[(su)-5.3(gges)-7.5(t bec)-7.5(aus)-7.5(e)-5.3( th)-5.3(ese)-5.3( )6(mo)-5.3(nop)-5.3(olies)-7.5( )6(ha)-5.3(ve)-5.3( be)-5.3(en)-5.3( incu)-5.3(rring)-5.3( losses)-7.5( tha)-5.3(t)-2.1( the)-5.3(y)-1.5( are)-5.3( trying)-5.3( to)-5.3( )6(co)-5.3(ver b)-5.3(y)-7.5( )]TJ
T*
0.1159 Tw
[(ke)-5.3(ep)-5.3(ing)-5.3( )-6(the)-5.3( )-6(pr)-6.9(ices)-7.5( )-6(high)-5.3(. How)-6.9( succ)-7.5(ess)-7.5(f)3.8(u)-5.3(l)-3.9( th)-5.3(e)-5.3(y)-1.5( ar)-6.9(e)-5.3( is)-7.5( )-6(har)-6.9(d)-5.3( )-6(to)-5.3( )-6(te)-5.3(ll bec)-7.5(aus)-7.5(e)-5.3( o)-5.3(f)-2.2( g)-5.3(r)-0.9(ow)-6.9(ing)-5.3( )-6(illiqu)-5.3(i)2.1(d)-5.3(i)-3.9(ty and)-5.3( )]TJ
0 -1.4012 TD
-0.0182 Tc
0.1116 Tw
[(de)5(bt a)5(rrea)5(r)3.4(s. )6(So, Se)5(rbi)6.4(a)-1( )6(se)5(em)6.4(s t)8.1(o)-1( b)5(e)-1( suf)8.1(f)2.1(e)5(r)-2.6(in)5(g f)8.1(r)-2.6(o)5(m)0.4( b)5(o)5(t)2.1(h d)5(e)-1(fl)6.4(ati)6.4(on )6(a)5(nd i)6.4(n)-1(fl)6.4(ati)6.4(o)5(n at)8.1( the )6(sa)5(m)6.4(e)-1( tim)6.4(e)-1(. )]TJ
0 -1.3952 TD
-0.0226 Tc
0.0382 Tw
[(Pr)-7(ices)-7.6( o)-5.4(f)-2.3( )6(go)-5.4(ods)-7.6( an)-5.4(d)-5.4( )6(ser)-7(v)-1.6(ices)-7.6( an)-5.4(d)-5.4( )6(wag)-5.4(e)0.6(s a)-5.4(r)-1(e)-5.4( und)-5.4(er)-7( )6(pr)-7(essu)-5.4(re)-5.4( to)-5.4( dec)-7.6(lin)-5.4(e)-5.4(,)-2.3( )6(wh)-5.4(ile)-5.4( ta)-5.4(xes)-7.6(,)-2.3( )6(p)-5.4(r)-1(ic)-7.6(es)-7.6( )6(o)-5.4(f)-2.2( pub)-5.4(li)8(c )]TJ
T*
-0.0204 Tc
0.2336 Tw
[(ser)-4.8(v)6.5(ic)-5.4(es)-5.4( and utilities)-5.4( )-6(and of )-6(the monopolies)-5.4( ar)-4.8(e )]TJ
21.9701 0 TD
0.2395 Tw
[(going up. The lat)6(t)0(er)-4.7( will )6(deepen the f)6(o)-3.1(rmer)-4.7( )6(if)-5.9( )]TJ
-21.9701 -1.4012 TD
-0.018 Tc
-0.0083 Tw
[(re)5.2(cov)8.9(e)5.2(ry )-6(d)5.2(i)6.6(sa)5.2(pp)5.2(oi)6.6(nt)8.3(s )-6(a)5.2(s)-3( it see)5.2(m)6.6(s )-6(a)5.2(ll but certai)6.6(n at )-6(t)8.3(he mo)5.2(me)5.2(nt. )]TJ
0 -1.3952 TD
0 Tc
0 Tw
( )Tj
T*
-0.0221 Tc
0.2532 Tw
[(Po)-4.9(lic)-7.1(y)-1.1( )5.9(res)-7.1(ponse)-4.9( has)-7.1( be)-4.9(en s)-7.1(l)2.5(ow)-6.5( an)-4.9(d)-4.9( )5.9(con)-4.9(f)-1.8(used)-4.9( so)-4.9( fa)-4.9(r. Mon)-4.9(e)-4.9(t)4.2(ar)-6.5(y po)-4.9(lic)-7.1(y)-1.1( )5.9(h)-4.9(a)1.1(s)-7.1( )5.9(b)-4.9(een)-4.9( tigh)-4.9(t )5.9(a)-4.9(n)1.1(d)-4.9( )5.9(w)-6.5(i)2.5(ll )]TJ
0 -1.4012 TD
-0.0182 Tc
0.0218 Tw
[(cont)8.1(in)5(u)5(e)-1( t)8.1(o)-1( )6(be)5( so )6(b)5(e)5(c)-3.2(a)5(u)5(s)2.8(e )6(o)5(f)2.1( th)5(e )6(cent)8.1(ral)6.4( b)5(a)-1(n)5(k)2.8()6.4(s)-3.2( )6(be)5(li)6.4(ef t)8.1(h)5(at it)8.1( )6(ca)5(n )6(p)5(u)5(r)3.4(su)5(e i)6.4(n)-1(fl)6.4(ati)6.4(o)5(n t)8.1(a)-1(rg)5(eti)6.4(ng.)8.1( T)5.8(h)-1(u)5(s)2.8(, it)8.1( )6(is )]TJ
0 -1.3952 TD
-0.0177 Tc
0.0033 Tw
[(tryi)6.9(ng)5.5( )-6(t)8.6(o)-0.5( sl)6.9(o)5.5(w)3.9( do)5.5(wn inf)8.6(l)0.9(at)8.6(io)5.5(n by kee)5.5(p)-0.5(i)6.9(n)5.5(g th)5.5(e int)8.6(e)5.5(re)5.5(st )5.9(rat)8.6(e)5.5(s hi)6.9(g)5.5(h)-0.5(. Al)6.9(so, it)8.6( aim)6.9(s)-2.7( to )6(sta)5.5(b)-0.5(i)6.9(l)0.9(i)6.9(z)3.3(e the )5.9(ex)9.2(ch)5.5(a)5.5(n)5.5(ge )]TJ
T*
-0.0184 Tc
0.046 Tw
[(ra)4.8(te )6(in)4.8( th)4.8(at )6(wa)4.8(y, whi)6.2(c)2.6(h i)6.2(n)-1.2( t)7.9(u)4.8(rn )6(sho)4.8(u)-1.2(l)6.2(d)-1.2( )6(he)4.8(lp)4.8( )6(st)7.9(ab)4.8(ili)6.2(ze t)7.9(h)-1.2(e)4.8( p)4.8(r)-2.8(i)6.2(c)2.6(e)4.8(s)-3.4( t)7.9(oo.)7.9( So)4.8( f)7.9(a)-1.2(r, )6(su)4.8(cce)4.8(ss )6(h)4.8(a)4.8(s)-3.4( )6(be)4.8(en)4.8( li)6.2(mit)7.9(e)4.8(d)-1.2(. )]TJ
0 -1.4012 TD
-0.0182 Tc
0.0877 Tw
[(Lat)8.1(ely, t)8.1(h)5(e )6(ce)5(nt)8.1(ral)6.4( b)5(a)-1(n)5(k)2.8( h)5(a)5(s)-3.2( )6(st)8.1(a)5(r)-2.6(te)5(d t)8.1(o)-1( )6(cut th)5(e )6(rate )6(of )6(its )6(key )6(po)5(li)6.4(cy i)6.4(n)5(st)8.1(ru)5(me)5(nt, t)8.1(h)5(e t)8.1(w)-2.6(o)5(-wee)5(k)2.8( rep)5(o)5(-)]TJ
0 -1.3952 TD
-0.0216 Tc
0.1629 Tw
[(r)-6(a)1.6(te)-4.4(; )6(it has)-6.6( ind)-4.4(i)3(ca)-4.4(ted)-4.4( th)-4.4(a)-4.4(t)-1.3( )6(it w)-6(i)3(ll )6(co)-4.4(n)-4.4(t)4.7(inue to)-4.4( do)-4.4( )]TJ
20.7305 0 TD
-0.0224 Tc
0.1577 Tw
[(so)-5.2( as)-7.4( lon)-5.2(g)-5.2( as)-7.4( )-6(th)-5.2(e)-5.2( pr)-6.8(ospec)-7.4(t )-6(fo)-5.2(r)-6.8( in)-5.2(fla)-5.2(t)-2.1(ion)-5.2( )-6(impro)-5.2(v)-1.4(es)-7.4(. )]TJ
-20.7305 -1.3952 TD
-0.0184 Tc
0.0939 Tw
[(Argu)4.8(a)4.8(b)-1.2(ly, it )6(cou)4.8(l)0.2(d )6(hav)8.5(e b)4.8(e)4.8(en m)6.2(o)4.8(re a)4.8(g)-1.2(g)4.8(r)3.2(e)4.8(s)2.6(siv)8.5(e)-1.2( in m)6.2(o)4.8(n)4.8(e)-1.2(ta)4.8(ry e)4.8(a)4.8(s)-3.4(i)6.2(n)4.8(g a)4.8(s)-3.4( inf)7.9(l)0.2(at)7.9(io)4.8(n i)6.2(s)-3.4( not )6(re)4.8(al)6.2(ly th)4.8(e key )]TJ
0 -1.4012 TD
0.1956 Tw
[(worry at )-5.9(th)4.9(e mo)4.9(me)4.9(nt. )-5.9(I)8(n)-1.1(d)4.9(e)4.9(ed, it )-5.9(i)6.3(s)-3.3( )-5.9(p)4.9(r)3.3(ovi)6.3(d)-1.1(i)6.3(ng ad)4.9(dit)8(i)0.3(o)4.9(n)4.9(a)-1.1(l rev)8.6(e)4.9(nu)4.9(e)4.9(s)-3.3(, a)4.9(s)-3.3( )-5.9(ex)8.6(pl)6.3(ai)6.3(ne)4.9(d,)8( )-6(is red)4.9(u)4.9(c)-3.3(i)6.3(ng rea)4.9(l)0.3( )]TJ
0 -1.3952 TD
-0.008 Tw
[(wag)4.9(e)4.9(s)-3.3( an)4.9(d pe)4.9(n)4.9(s)-3.3(i)6.3(o)-1.1(n)4.9(s)-3.3( a)4.9(nd i)6.3(s)-3.3( cont)8(ri)6.3(b)4.9(u)-1.1(ti)6.3(ng )-6(t)8(o)4.9( )-6(an in)4.9(crea)4.9(se )-6(i)6.3(n)-1.1( co)4.9(mp)4.9(etit)8(ive)4.9(n)-1.1(e)4.9(s)2.7(s in )-6(t)8(h)4.9(at way. )-6( )]TJ
T*
0 Tc
0 Tw
( )Tj
0 -1.4012 TD
-0.0182 Tc
0.0517 Tw
[(Th)5(e p)5(r)3.4(o)5(s)-3.2(p)5(e)5(c)-3.2(t)8.1(s)2.8( for )5.9(a sh)5(ort)8.1(-)-2.6(t)8.1(e)5(rm re)5(cov)8.7(e)5(ry a)5(r)3.4(e n)5(o)-1(t ov)8.7(e)5(r)-2.6(wh)5(e)5(lmi)6.4(ng )5.9(be)5(ca)5(u)5(s)2.8(e of th)5(e p)5(e)5(r)3.4(si)6.4(st)8.1(ent v)8.7(o)-1(l)6.4(a)-1(til)6.4(i)0.4(ty in )]TJ
0 -1.3952 TD
-0.0185 Tc
0.094 Tw
[(mo)4.7(st sh)4.7(ort)7.8(-)-2.9(t)7.8(e)4.7(rm )-5.9(re)4.7(al an)4.7(d )-5.9(fi)6.1(n)4.7(a)-1.3(n)4.7(c)2.5(ia)4.7(l )-5.9(i)6.1(n)-1.3(d)4.7(i)6.1(cat)7.8(o)4.7(rs. )-5.9(P)7.8(r)3.1(o)4.7(s)-3.5(p)4.7(e)4.7(c)-3.5(t)7.8(s)-3.5( fo)4.7(r )-6(a sh)4.7(ort)7.8(-)-2.9(t)7.8(e)4.7(rm sta)4.7(b)-1.3(il)6.1(i)6.1(z)-3.5(at)7.8(io)4.7(n)4.7( )-6(of )-6(th)4.7(e de)4.7(cli)6.1(n)4.7(e)-7.3( )]TJ
T*
0.0041 Tw
[(are )5.9(b)4.7(e)-1.3(tte)4.7(r, )5.9(b)4.7(u)-1.3(t)7.8( it i)6.1(s)-3.5( )5.9(h)4.7(a)4.7(r)-2.9(d t)7.8(o)-1.3( )5.9(say )5.9(whet)7.8(he)4.7(r th)4.7(e )5.9(bott)7.8(o)-1.3(m)6.1( i)6.1(s)-3.5( )5.9(g)4.7(o)4.7(i)0.1(n)4.7(g)-1.3( t)7.8(o)-1.3( b)4.7(e)-1.3( t)7.8(o)4.7(u)4.7(c)2.5(he)4.7(d t)7.8(h)-1.3(i)6.1(s)-3.5( )5.9(su)4.7(m)6.1(m)0.1(e)4.7(r)-2.9( )5.9(o)4.7(r)-2.9( m)6.1(a)-1.3(y)8.4(b)-1.3(e)4.7( a )5.9(bit )]TJ
0 -1.4012 TD
-0.018 Tc
0.0036 Tw
[(lat)8.3(e)-0.8(r. )5.9(G)5.3(D)-2.4(P m)6.6(a)5.2(y de)5.2(cli)6.6(n)5.2(e by 4)5.2(%)2.9( in an )5.9(opt)8.3(imi)6.6(sti)6.6(c)-3( )5.9(scen)5.2(a)5.2(r)-2.4(i)6.6(o)-0.8( a)5.2(nd by )5.9(a)5.2(s)-3( mu)5.2(ch a)5.2(s)-3( 6% i)6.6(n)-0.8( a mo)5.2(re pe)5.2(ssim)6.6(i)6.6(s)-3(ti)6.6(c )]TJ
0 -1.3952 TD
0.0934 Tw
[(on)5.3(e. )-6(I)8.4(n)-0.7(v)9(e)5.3(stm)6.7(e)5.3(nt)8.4(s wil)6.7(l)0.7( )-5.9(f)8.4(a)-0.7(ll)6.7( )-5.9(ev)9(en)5.3( )-5.9(m)6.7(o)5.3(re a)5.3(n)-0.7(d)5.3( con)5.3(s)3.1(um)6.7(pti)6.7(o)5.3(n may d)5.3(e)5.3(c)-2.9(li)6.7(n)5.3(e)-0.7( )-5.9(a)5.3(s)-2.9( mu)5.3(ch a)5.3(s)-2.9( G)5.4(D)-2.3(P. Net ex)9(po)5.3(rt)8.4(s )]TJ
T*
-0.0187 Tc
-0.0076 Tw
[(wi)5.9(ll pl)5.9(ay )-6(a mo)4.5(re )-6(p)4.5(o)4.5(s)-3.7(it)7.6(ive rol)5.9(e)-1.5( wit)7.6(h)-1.5( a sh)4.5(a)4.5(r)-3.1(p red)4.5(u)4.5(c)-3.7(ti)5.9(o)4.5(n)-1.5( )-6(i)5.9(n)-1.5( )-6(th)4.5(e )-5.9(fo)4.5(rei)5.9(gn )-6(t)7.6(r)2.9(a)4.5(d)4.5(e)-1.5( )-6(d)4.5(e)-1.5(fi)5.9(cit. )]TJ
0 -1.4012 TD
0 Tc
0 Tw
( )Tj
0 -1.3952 TD
-0.0185 Tc
0.1479 Tw
[(In th)4.7(e )6(n)4.7(e)-1.3(xt )6(cou)4.7(p)-1.3(l)6.1(e)-1.3( )6(of y)8.4(e)-1.3(a)4.7(r)3.1(s, )6(st)7.8(a)4.7(g)-1.3(n)4.7(a)-1.3(ti)6.1(on)4.7( )6(see)4.7(m)6.1(s m)6.1(o)4.7(re l)6.1(i)0.1(kely t)7.8(h)4.7(an)4.7( re)4.7(cove)4.7(ry. S)7.8(e)4.7(rbi)6.1(a)4.7( wi)6.1(ll )6(hav)8.4(e t)7.8(o)-1.3( )6(rely )]TJ
T*
-0.0188 Tc
-0.0075 Tw
[(more )-6(on dom)5.8(e)4.4(sti)5.8(c)-3.8( savi)5.8(ngs and on ex)8.1(po)]TJ
16.6467 0 TD
-0.0191 Tc
-0.0012 Tw
[(rt)7.2(s, )6(and it )6(will t)7.2(a)4.1(ke a )6(whi)5.5(l)-0.5(e f)7.2(o)4.1(r t)7.2(hat t)7.2(u)4.1(rnaround to t)7.2(a)4.1(ke place. )]TJ
9 0 0 9 85.08 226.3403 Tm
0 Tc
0 Tw
( )Tj
ET
endstream
endobj
20 0 obj
<<
/Font <<
/TT2 28 0 R
/TT4 29 0 R
/TT6 30 0 R
>>
/ProcSet [/PDF /Text /ImageC /ImageI]
/XObject <<
/Im2 36 0 R
>>
/ExtGState <<
/GS1 33 0 R
>>
/ColorSpace <<
/Cs6 34 0 R
/Cs11 37 0 R
>>
>>
endobj
21 0 obj
<<
/Width 74
/Filter [/ASCII85Decode /FlateDecode]
/Height 105
/Length 562
/ColorSpace 27 0 R
/BitsPerComponent 8
>>
stream
8;Z\7D3fes%%R3eV>'M@4Kl&+O\0(j-ceolCK_f%_Cu9>_.gLBQcpqO[`h/Iophb(c*$?[.t"Gb-R8@&a^P*6l!:r1j's"o\uEWB+7GE(/EfnHkH_e$0kMs+n0Y#e;uqLFl8i*0\hZ-Y@0a-uL.eV90q.
$/D&pI1lT3VfglR=RMU8m=\uDC.,)'TIQO)Vif1`h2qP@!2JtC.XFc0IFC^Nom9cN
Kt?Y^Vh5b\?m*E]F#'$@(2`+J`JKC&chFX$MnDHXF.=^Q*B=_c"jn)GI:DSC5.kiT
MUEg.$'X*D*pl:[3E)h7F2jPf:`]Eqg,"YT--f-l$&b:N:/*#d?95j)piQJJ^`'Tu
BYXR(YfJ^4.I>L1f*^WeSOVaLa=8I5jI'P_dp?UVQ4q]$A.Qt!S`\HRa/+&634')N
aRU#*K;ebUGq:P^dB%8sjZ<2U!4os:l2~>
endstream
endobj
22 0 obj
<<
/Length 25991
>>
stream
BT
/TT2 1 Tf
10.98 0 0 10.98 88.38 780.1403 Tm
/Cs6 cs 0.66 0.668 0.68 scn
/GS1 gs
0 Tc
0 Tw
( )Tj
/TT4 1 Tf
13.98 0 0 13.98 269.4 780.7403 Tm
0 0 0 scn
( )Tj
/TT2 1 Tf
10.98 0 0 10.98 419.7 783.5603 Tm
0.66 0.668 0.68 scn
( )Tj
10.02 0 0 10.02 82.98 768.3803 Tm
0 0 0 scn
0.0002 Tc
-0.0026 Tw
[(Futur)6.1(e EU member state)5.5(s)-0.5( )-22197.6(Coun)6.3(tr)-5.9(y)17.4( reports)]TJ
ET
0.754 0.754 0.754 scn
82.26 763.16 187.14 -0.48 re
f
268.68 763.16 241.68 -0.48 re
f
BT
/TT6 1 Tf
10.02 0 0 10.02 85.08 753.5003 Tm
0 0 0 scn
0 Tc
0 Tw
( )Tj
0 -1.1437 TD
( )Tj
0 -1.1497 TD
( )Tj
0 -61.8922 TD
( )Tj
0 -1.1497 TD
( )Tj
0 -1.1437 TD
( )Tj
/TT2 1 Tf
10.98 0 0 10.98 504.24 73.2803 Tm
0.754 0.754 0.754 scn
(3)Tj
/TT6 1 Tf
7.98 0 0 7.98 510.36 73.2803 Tm
0 0 0 scn
( )Tj
ET
0.754 0.754 0.754 scn
83.58 85.04 428.28 -0.48 re
f
BT
/TT4 1 Tf
7.98 0 0 7.98 85.08 720.8003 Tm
0 0 0 scn
-0.0221 Tc
-0.0001 Tw
[(Table R)8.3(S)-1.7( )]TJ
/TT2 1 Tf
9 0 0 9 220.74 709.0403 Tm
-0.0023 Tw
[(Serbia: Selec)7.3(t)4.1(ed)-4.7( Econo)-4.7(mic)7.3( )-6.7(In)-4.7(dicato)-4.7(r)0.3(s )]TJ
/TT4 1 Tf
7.02 0 0 7.02 231.36 687.5603 Tm
0 Tc
0 Tw
( )Tj
/TT2 1 Tf
2.1197 0 TD
-0.0006 Tc
[(2005)-2119.7(2006)-2119.7(2007)-2119.7(2008)]TJ
/TT4 1 Tf
4.5 0 0 4.5 356.1 691.0403 Tm
0.0021 Tc
(1\) )Tj
/TT2 1 Tf
7.02 0 0 7.02 376.5 687.5603 Tm
-0.0006 Tc
[(2008)-2128.2(2009 )]TJ
4.5 0 0 4.5 425.4 691.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 440.94 687.5603 Tm
-0.0006 Tc
1.133 Tw
(2009 2010 2011)Tj
ET
362.82 695 0.48 -9 re
f
432.18 695 0.48 -9 re
f
BT
/TT4 1 Tf
7.02 0 0 7.02 231.36 678.5603 Tm
0 Tc
0 Tw
( )Tj
/TT2 1 Tf
4.5 0 0 4.5 356.1 682.0403 Tm
( )Tj
/TT4 1 Tf
7.02 0 0 7.02 379.02 678.5603 Tm
0.0017 Tc
0.0025 Tw
[( 1)10.8(s)6(t qua)10.8(rter)9.9( )]TJ
/TT2 1 Tf
10.1453 0 TD
-0.0005 Tc
-0.0038 Tw
[( )-8.5( )-8.5( )-8.5(Forecast )]TJ
ET
362.82 686 0.48 -9 re
f
432.18 686 0.48 -9 re
f
BT
/TT4 1 Tf
7.02 0 0 7.02 85.08 663.5603 Tm
-0.0002 Tc
0.0044 Tw
[(Populati)8.3(on, th pe)8.9(rs., av)12.6(erage )]TJ
4.5 0 0 4.5 176.58 667.0403 Tm
0.0021 Tc
0 Tw
(2\) )Tj
7.02 0 0 7.02 246.24 663.5603 Tm
-0.0006 Tc
[(7441)-2119.7(7412)-2119.7(7382)-2119.7(7350)]TJ
4.5 0 0 4.5 356.1 667.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 390.12 663.5603 Tm
0.0042 Tc
3.0684 Tw
[(.)-4068.4(.)0( )2957.3( )-803.4(. . .)]TJ
ET
362.82 677 0.48 -15 re
f
432.18 677 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 648.5603 Tm
-0.0004 Tc
0.0046 Tw
[(Gross )8.5(domesti)8.1(c pr)7.8(o)8.7(duct, RSD bn)8.7(, n)8.7(o)0.2(m. )-5051.3(1688)-2119.5(1980)-2119.5(2363)-2119.5(2761)]TJ
4.5 0 0 4.5 356.1 652.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 648.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 652.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 440.94 648.5603 Tm
-0.0006 Tc
1.133 Tw
(2900 3100 3300)Tj
ET
362.82 662 0.48 -15 re
f
432.18 662 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 639.5603 Tm
0.0006 Tc
0.0036 Tw
[( annual)9.1( )8.5(change)9.7( in )8.5(% \(real)9.1(\) )-11572.7(5.6)-2947.5(5)1.2(.2)-2947.5(6.9)-2947.5(5)1.2(.4)]TJ
4.5 0 0 4.5 356.1 643.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 382.32 639.5603 Tm
0.0018 Tc
[(8.5)-4348( )]TJ
4.5 0 0 4.5 425.4 643.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 450.3 639.5603 Tm
-0.0004 Tc
2.7995 Tw
[(-4 0 2)]TJ
ET
362.82 647 0.48 -9 re
f
432.18 647 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 630.5603 Tm
-0.0001 Tc
0.0043 Tw
[(GDP/capita)9( \(EUR )8.5(a)9(t)-4.3( ex)12.7(change)9( ra)9(te\))8.1( )-6547(2700)-2119.2(3200)-2119.2(4000)-2119.2(4600)]TJ
4.5 0 0 4.5 356.1 634.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 630.5603 Tm
0.0042 Tc
3.0684 Tw
[(.)-4068.4(.)0( )2162.4( )-8.5(. . .)]TJ
ET
362.82 638 0.48 -9 re
f
432.18 638 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 621.5603 Tm
-0.0002 Tc
0.0044 Tw
[(GDP/capita)8.9( \(EUR )8.5(a)8.9(t)-4.4( P)8.7(PP -)8( w)12.6(iiw)12.6(\) )-7829.1(7200)-2119.3(7800)-2119.3(8600)-2119.3(9100)]TJ
4.5 0 0 4.5 356.1 625.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 621.5603 Tm
0.0042 Tc
3.0684 Tw
[(.)-4068.4(.)0( )2162.4( )-8.5(. . .)]TJ
ET
362.82 629 0.48 -9 re
f
432.18 629 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 606.5603 Tm
-0.0009 Tc
0.0051 Tw
[(Consumptio)8.2(n o)8.2(f)-5.1( )8.5(ho)8.2(usehold)8.2(s)3.4(, RSD mn)8.2(, nom. )-1273.5(1281014)-453.3(1492693)-453.3(1714040)-4060.1(.)]TJ
4.5 0 0 4.5 356.1 610.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 606.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 610.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 606.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 620 0.48 -15 re
f
432.18 620 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 597.5603 Tm
-0.0002 Tc
0.0044 Tw
[( annual)8.3( )8.5(change)8.9( in )8.5(% \(real)8.3(\) )]TJ
4.5 0 0 4.5 168.78 601.0403 Tm
0.0021 Tc
0 Tw
(3\) )Tj
7.02 0 0 7.02 252.06 597.5603 Tm
3.7857 Tc
[(5)3786.3(.)3781.5(0)837.6(5)3786.3(.)3781.5(466)]TJ
4.5 0 0 4.5 356.1 601.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 390.12 597.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 601.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 450.3 597.5603 Tm
-0.0004 Tc
2.7995 Tw
[(-2 0 2)]TJ
ET
362.82 605 0.48 -9 re
f
432.18 605 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 588.5603 Tm
-0.0001 Tc
0.0043 Tw
[(Gross )8.5(fix)12.7(ed ca)9(pital)8.4( )8.5(form., RSD)12.7( mn, no)9(m. )-3435.9(319859)-1008(412752)-1008(552271)-4059.3(.)]TJ
4.5 0 0 4.5 356.1 592.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 588.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 592.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 588.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 596 0.48 -9 re
f
432.18 596 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 579.5603 Tm
-0.0002 Tc
0.0044 Tw
[( annual)8.3( )8.5(change)8.9( in )8.5(% \(real)8.3(\) )]TJ
4.5 0 0 4.5 168.78 583.0403 Tm
0.0021 Tc
0 Tw
(3\) )Tj
7.02 0 0 7.02 252.06 579.5603 Tm
0.0013 Tc
[(5.0)-2391.3(15.2)-3228.9(1)1.9(2)-3784.4(8)]TJ
19.6667 0 TD
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 583.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 450.3 579.5603 Tm
-0.0004 Tc
2.7995 Tw
[(-5 0 3)]TJ
ET
362.82 587 0.48 -9 re
f
432.18 587 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 564.5603 Tm
0.0004 Tc
0.0038 Tw
[(Gross )8.5(indu)9.5(stria)9.5(l)0.3( pr)8.6(o)9.5(duction )]TJ
4.5 0 0 4.5 356.1 568.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 422.64 564.5603 Tm
( )Tj
4.5 0 0 4.5 425.4 568.0403 Tm
( )Tj
7.02 0 0 7.02 456.54 564.5603 Tm
3.3547 Tc
( )Tj
ET
362.82 578 0.48 -15 re
f
432.18 578 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 555.5603 Tm
0.0007 Tc
0.0035 Tw
[( annual)9.2( )8.5(change)9.8( in )8.5(% \(real)9.2(\) )8.5( )-11299.2(0.8)-2947.4(4)1.3(.7)-2947.4(3.7)-2947.4(1)1.3(.1)]TJ
4.5 0 0 4.5 356.1 559.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 382.32 555.5603 Tm
0.0008 Tc
[(6.1)-2067(-)0.5(16.9 )]TJ
4.5 0 0 4.5 425.4 559.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 450.3 555.5603 Tm
-0.0004 Tc
2.7995 Tw
[(-5 0 3)]TJ
ET
362.82 563 0.48 -9 re
f
432.18 563 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 546.5603 Tm
0.0005 Tc
-0.0048 Tw
[(Gross agri)9(c)-3.8(ultu)9.6(ral p)9.6(r)0.2(oduction)9.6( )-8.5( )]TJ
4.5 0 0 4.5 356.1 550.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 422.64 546.5603 Tm
( )Tj
4.5 0 0 4.5 425.4 550.0403 Tm
( )Tj
7.02 0 0 7.02 456.54 546.5603 Tm
3.3547 Tc
( )Tj
ET
362.82 554 0.48 -9 re
f
432.18 554 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 537.5603 Tm
0.0005 Tc
0.0037 Tw
[( annual)9( )8.5(change)9.6( in )8.5(% \(real)9(\) )8.5( )-10965.8(-3.4)-2614.3(-2.6)-4058.7(.)-4063.5(.)]TJ
4.5 0 0 4.5 356.1 541.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 537.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 541.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 537.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 545 0.48 -9 re
f
432.18 545 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 528.5603 Tm
0.0007 Tc
0 Tw
[(Constr)8.9(uction)9.8( )]TJ
5.8803 0 TD
0.0005 Tc
0.0037 Tw
[(output to)9.6(tal)9( )]TJ
4.5 0 0 4.5 356.1 532.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 422.64 528.5603 Tm
( )Tj
4.5 0 0 4.5 425.4 532.0403 Tm
( )Tj
7.02 0 0 7.02 456.54 528.5603 Tm
3.3547 Tc
( )Tj
ET
362.82 536 0.48 -9 re
f
432.18 536 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 519.5603 Tm
-0.0002 Tc
0.0044 Tw
[( annual)8.3( )8.5(change)8.9( in )8.5(% \(real)8.3(\) )]TJ
4.5 0 0 4.5 168.78 523.0403 Tm
0.0021 Tc
0 Tw
(4\) )Tj
7.02 0 0 7.02 252.06 519.5603 Tm
0.0026 Tc
[(2.0)-2945.5(7)3.2(.7)-2390(10.8)-2945.5(1)3.2(.7)]TJ
18.5556 0 TD
0.0018 Tc
[(4.8)-4066(.)-2.4( )]TJ
4.5 0 0 4.5 425.4 523.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 519.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 527 0.48 -9 re
f
432.18 527 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 504.5603 Tm
-0.0013 Tc
0.0055 Tw
[(Employ)11.5(ed person)7.8(s)-5.6( )8.5(- LFS, )8.5(th, O)7.3(c)-5.6(t )]TJ
4.5 0 0 4.5 188.64 508.0403 Tm
0.0021 Tc
0 Tw
(5\) )Tj
7.02 0 0 7.02 240.36 504.5603 Tm
0.0004 Tc
[(2733.4)-1281.1(2630.7)-1281.1(2655.7)-1281.1(2805.3)]TJ
4.5 0 0 4.5 356.1 508.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 390.12 504.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 508.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 504.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 518 0.48 -15 re
f
432.18 518 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 495.5603 Tm
0.0004 Tc
0.0038 Tw
[( annual)8.9( )8.5(change)9.5( in )8.5(% )8.5( )-14735.1(.)-2619.2(-)0.1(3.8)-2947.7(1)1(.0)-2947.7(5.6)]TJ
4.5 0 0 4.5 356.1 499.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 495.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 499.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 495.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 503 0.48 -9 re
f
432.18 503 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 486.5603 Tm
0.0004 Tc
0.0038 Tw
[(Unemploy)13.2(ed perso)9.5(ns )8.5(- LFS)9.3(,)-3.8( )8.5(th)9.5(, O)9(c)4.7(t )]TJ
4.5 0 0 4.5 196.74 490.0403 Tm
0.0021 Tc
0 Tw
(5\) )Tj
7.02 0 0 7.02 244.26 486.5603 Tm
0.0006 Tc
[(719.9)-1836.4(693.0)-1836.4(585.5)-1836.4(457.2)]TJ
4.5 0 0 4.5 356.1 490.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 390.12 486.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 490.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 486.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 494 0.48 -9 re
f
432.18 494 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 477.5603 Tm
-0.0003 Tc
0.0045 Tw
[(Unemploy)12.5(ment rate)8.8( - LFS)8.6(,)4( in )8.5(%, O)8.3(c)-4.6(t )]TJ
4.5 0 0 4.5 199.5 481.0403 Tm
0.0021 Tc
0 Tw
(5\) )Tj
7.02 0 0 7.02 248.16 477.5603 Tm
0.001 Tc
[(20.8)-2391.6(20.9)-2391.6(18.1)-2391.6(14.0)]TJ
4.5 0 0 4.5 356.1 481.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 390.12 477.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 481.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 448.74 477.5603 Tm
-0.0006 Tc
2.2441 Tw
(18 20 20)Tj
ET
362.82 485 0.48 -9 re
f
432.18 485 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 468.5603 Tm
0.0004 Tc
0.0038 Tw
[(Reg. un)9.5(employ)13.2(men)-7.5(t)-3.8( ra)9.5(te)9.5(, i)8.9(n)1( %)9.2(,)4.7( end )8.5(of )8.5(period )-2871.8(27.1)-2392.2(27.9)-2392.2(25.1)-2392.2(23.7)]TJ
4.5 0 0 4.5 356.1 472.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 378.42 468.5603 Tm
0.0006 Tc
[(25.2)-2400.5(24.6 )]TJ
4.5 0 0 4.5 425.4 472.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 468.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 476 0.48 -9 re
f
432.18 476 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 453.5603 Tm
-0.0004 Tc
0.0046 Tw
[(Av)12.4(erage gross mon)8.7(t)-4.6(hly)12.4( w)12.4(ages, RSD )-5812(25514)-1563.9(31745)-1563.9(38744)-1563.9(45674)]TJ
4.5 0 0 4.5 356.1 457.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 372.6 453.5603 Tm
-0.0006 Tc
[(41807)-1572.7(41933 )]TJ
4.5 0 0 4.5 425.4 457.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 453.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 467 0.48 -15 re
f
432.18 467 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 444.5603 Tm
0.0001 Tc
0.0041 Tw
[( annual)8.6( )8.5(change)9.2( in )8.5(% \(real)8.6(, net\) )8.5( )-9359(6.4)-2392.5(11.4)-2392.5(19.5)-2948(3)0.7(.9)]TJ
4.5 0 0 4.5 356.1 448.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 382.32 444.5603 Tm
0.0018 Tc
[(5.4)-2954.9(2)2.4(.4 )]TJ
4.5 0 0 4.5 425.4 448.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 444.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 452 0.48 -9 re
f
432.18 452 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 429.5603 Tm
-0.0008 Tc
-0.0035 Tw
[(Consumer prices, % )-8.5(p)8.3(.)-5(a. )]TJ
4.5 0 0 4.5 163.74 433.0403 Tm
0.0021 Tc
0 Tw
(6\) )Tj
7.02 0 0 7.02 248.16 429.5603 Tm
0.0016 Tc
[(16.2)-2391(11.7)-2946.5(7)2.2(.0)-2391(11.7)]TJ
4.5 0 0 4.5 356.1 433.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 378.42 429.5603 Tm
0.0013 Tc
[(13.6)-2955.4(9)1.9(.4 )]TJ
4.5 0 0 4.5 425.4 433.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 452.64 429.5603 Tm
-0.0006 Tc
2.7997 Tw
(8 6 3)Tj
ET
362.82 443 0.48 -15 re
f
432.18 443 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 420.5603 Tm
0.0009 Tc
0.0033 Tw
[(Produce)10(r)0.6( pr)9.1(ice)10(s)5.2( in i)9.4(ndustry)13.7(,)-3.3( % )8.5(p.a)10(.)-3.3( )]TJ
4.5 0 0 4.5 193.68 424.0403 Tm
0.0021 Tc
0 Tw
(7\) )Tj
7.02 0 0 7.02 248.16 420.5603 Tm
0.0016 Tc
[(14.2)-2391(13.3)-2946.5(5)2.2(.9)-2391(12.4)]TJ
4.5 0 0 4.5 356.1 424.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 378.42 420.5603 Tm
0.0013 Tc
[(11.7)-2955.4(4)1.9(.9 )]TJ
4.5 0 0 4.5 425.4 424.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 420.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 428 0.48 -9 re
f
432.18 428 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 405.5603 Tm
-0.0004 Tc
0.0046 Tw
[(General)8.1( gov)12.4(ernm.budget, na)8.7(t.def., )8.5(% )8.5(GDP )]TJ
4.5 0 0 4.5 356.1 409.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 422.64 405.5603 Tm
( )Tj
4.5 0 0 4.5 425.4 409.0403 Tm
( )Tj
7.02 0 0 7.02 456.54 405.5603 Tm
3.3547 Tc
( )Tj
ET
362.82 419 0.48 -15 re
f
432.18 419 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 396.5603 Tm
0.001 Tc
0.0032 Tw
[( Rev)13.8(enues )-17615.4(42.9)-2391.6(43.8)-2391.6(42.4)-2391.6(42.5)]TJ
4.5 0 0 4.5 356.1 400.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 396.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 400.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 396.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 404 0.48 -9 re
f
432.18 404 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 387.5603 Tm
0.0011 Tc
0.0031 Tw
[( Ex)13.9(penditure)10.2(s )8.5( )-16290.6(41.9)-2391.5(45.4)-2391.5(44.3)-2391.5(45.0)]TJ
4.5 0 0 4.5 356.1 391.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 387.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 391.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 387.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 395 0.48 -9 re
f
432.18 395 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 378.5603 Tm
0.0005 Tc
-0.0048 Tw
[( )-8.5(Defi)9(cit )-8.5(\(-)8.7(\) / surpl)9(u)1.1(s \(+\), % )-8.5(GDP)9.4( )-8.5( )-9188(0.9)-2614.3(-)0.2(1.7)-2614.3(-)0.2(1.9)-2614.3(-)0.2(2.5)]TJ
4.5 0 0 4.5 356.1 382.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 390.12 378.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 382.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 450.3 378.5603 Tm
2.4658 Tw
[(-5 -2 -1)]TJ
ET
362.82 386 0.48 -9 re
f
432.18 386 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 369.5603 Tm
0.0004 Tc
0.0038 Tw
[(Public deb)9.5(t i)8.9(n)1( %)9.2( o)9.5(f)-3.8( )8.5(GDP )-12247.9(50.2)-2392.2(36.2)-2392.2(29.4)-2392.2(25.9)]TJ
4.5 0 0 4.5 356.1 373.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 378.42 369.5603 Tm
0.0006 Tc
[(30.2)-2400.5(28.9 )]TJ
4.5 0 0 4.5 425.4 373.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 369.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 377 0.48 -9 re
f
432.18 377 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 354.5603 Tm
0.0006 Tc
0.0036 Tw
[(Discou)9.7(n)1.2(t ra)9.7(te o)9.7(f)4.9( NB, %)9.4( p)9.7(.)-3.6(a., end)9.7( of peri)9.1(od )-4529.9(8.5)-2947.5(8)1.2(.5)-2947.5(8.5)-2947.5(8)1.2(.5)]TJ
4.5 0 0 4.5 356.1 358.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 382.32 354.5603 Tm
0.0018 Tc
[(8.5)-2954.9(8)2.4(.5 )]TJ
4.5 0 0 4.5 425.4 358.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 354.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 368 0.48 -15 re
f
432.18 368 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 339.5604 Tm
-0.001 Tc
0.0052 Tw
[(Current accoun)8.1(t, E)7.9(UR mn )]TJ
4.5 0 0 4.5 167.22 343.0403 Tm
0.0021 Tc
0 Tw
(8\) )Tj
7.02 0 0 7.02 238.02 339.5604 Tm
0.0004 Tc
[(-1766.1)-947.7(-)0.1(2382.1)-947.7(-)0.1(4628.9)-947.7(-)0.1(5949.4)]TJ
4.5 0 0 4.5 356.1 343.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 368.28 339.5604 Tm
0.0003 Tc
[(-1290.4)-1511.9(-)0(797.8 )]TJ
4.5 0 0 4.5 425.4 343.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 438.6 339.5604 Tm
-0.0004 Tc
0.7995 Tw
(-2900 -2700 -3100)Tj
ET
362.82 353 0.48 -15 re
f
432.18 353 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 330.5604 Tm
0.0002 Tc
0.004 Tw
[(Current accoun)9.3(t in )8.5(% o)9.3(f)-4( GDP)9.1( )8.5( )-9752.1(-8.7)-2059(-10.1)-2059(-)-0.1(15.7)-2059(-)-0.1(17.6)-5247.1(.)-4072.4(. )]TJ
4.5 0 0 4.5 425.4 334.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 446.4 330.5604 Tm
-0.0003 Tc
1.9105 Tw
(-10 -10 -11)Tj
ET
362.82 338 0.48 -9 re
f
432.18 338 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 321.5604 Tm
0 Tc
0.0042 Tw
[(Ex)12.8(ports o)9.1(f)-4.2( g)9.1(ood)9.1(s, B)8.9(O)0.1(P, EUR mn )]TJ
4.5 0 0 4.5 188.58 325.0403 Tm
0.0021 Tc
0 Tw
(8\)9\) )Tj
7.02 0 0 7.02 240.36 321.5604 Tm
0.0004 Tc
[(3998.9)-1281.1(5137.4)-1281.1(6399.0)-1281.1(7474.8)]TJ
4.5 0 0 4.5 356.1 325.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 370.62 321.5604 Tm
0.0002 Tc
[(1672.6)-1289.8(1290.5 )]TJ
4.5 0 0 4.5 425.4 325.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 440.94 321.5604 Tm
-0.0006 Tc
1.133 Tw
(6700 6700 7400)Tj
ET
362.82 329 0.48 -9 re
f
432.18 329 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 312.5604 Tm
0.0009 Tc
0.0033 Tw
[( annual)9.4( grow)13.7(th r)9.1(a)1.5(te)10( in )8.5(% )-11906(21.8)-2391.7(28.5)-2391.7(24.6)-2391.7(16.8)]TJ
4.5 0 0 4.5 356.1 316.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 378.42 312.5604 Tm
0.0001 Tc
0.9101 Tw
[(21.4)-2067.7(-)-0.2(22.8 )-1008.6(-10 )-1888.9(0 )-1333.3(10)]TJ
ET
362.82 320 0.48 -9 re
f
432.18 320 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 303.5604 Tm
-0.0011 Tc
0.0053 Tw
[(Imports of good)8(s, B)7.8(O)-1(P, EUR mn )]TJ
4.5 0 0 4.5 188.22 307.0403 Tm
0.0021 Tc
0 Tw
(8\)9\) )Tj
7.02 0 0 7.02 240.36 303.5604 Tm
0.0002 Tc
[(8255.3)-725.7(10138.4)-725.7(13071.2)-725.7(15153.6)]TJ
4.5 0 0 4.5 356.1 307.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 370.62 303.5604 Tm
0.0002 Tc
[(3485.4)-1289.8(2576.4 )]TJ
4.5 0 0 4.5 425.4 307.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 437.04 303.5604 Tm
-0.0006 Tc
0.5775 Tw
(13600 13600 15000)Tj
ET
362.82 311 0.48 -9 re
f
432.18 311 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 294.5604 Tm
0.001 Tc
0.0032 Tw
[( annual)9.5( grow)13.8(th r)9.2(a)1.6(te)10.1( in )8.5(% )-12128.2(-2.7)-2391.6(22.8)-2391.6(28.9)-2391.6(15.9)]TJ
4.5 0 0 4.5 356.1 298.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 378.42 294.5604 Tm
0.0006 Tc
[(22.2)-2067.2(-)0.3(26.1 )]TJ
4.5 0 0 4.5 425.4 298.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 446.4 294.5604 Tm
-0.0005 Tc
2.7996 Tw
[(-10 0 )555.6(10)]TJ
ET
362.82 302 0.48 -9 re
f
432.18 302 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 285.5604 Tm
-0.0006 Tc
0.0048 Tw
[(Ex)12.2(ports o)8.5(f)-4.8( )8.5(serv)12.2(ice)8.5(s)-4.9(, BOP)8.3(,)-4.8( )8.5(EUR mn )]TJ
4.5 0 0 4.5 195.24 289.0403 Tm
-0.0095 Tc
0 Tw
[(8\))-9.8(9)-13.4(\))-9.8( )]TJ
7.02 0 0 7.02 240.36 285.5604 Tm
0.0004 Tc
[(1315.5)-1281.1(1851.0)-1281.1(2314.5)-1281.1(2751.3)]TJ
19.1111 0 TD
0 Tc
[(687.6)-2683.2(568 )]TJ
4.5 0 0 4.5 425.4 289.0403 Tm
( )Tj
7.02 0 0 7.02 440.94 285.5604 Tm
-0.0006 Tc
1.133 Tw
(2600 2600 2900)Tj
ET
362.82 293 0.48 -9 re
f
432.18 293 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 276.5604 Tm
0.0009 Tc
0.0033 Tw
[( annual)9.4( grow)13.7(th r)9.1(a)1.5(te)10( in )8.5(% )-11906(10.9)-2391.7(40.7)-2391.7(25.0)-2391.7(18.9)]TJ
41.7863 0 TD
0.0006 Tc
0 Tw
[(38.1)-2067.2(-)0.3(17.4 )]TJ
4.5 0 0 4.5 425.4 280.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 450.3 276.5604 Tm
-0.0005 Tc
2.7996 Tw
[(-5 0 )555.6(10)]TJ
ET
362.82 284 0.48 -9 re
f
432.18 284 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 267.5604 Tm
-0.0027 Tc
0.0069 Tw
[(I)-6.9(m)1.2(ports of )8.5(s)-7(e)-2.1(rv)10.1(ic)-7(es, BOP,)-6.9( )8.5(EUR mn )]TJ
4.5 0 0 4.5 194.82 271.0403 Tm
0.0012 Tc
0 Tw
[(8)10.7(\))0.9(9\)\) )]TJ
7.02 0 0 7.02 240.36 267.5604 Tm
0.0004 Tc
[(1321.2)-1281.1(1892.4)-1281.1(2568.8)-1281.1(2925.2)]TJ
19.1111 0 TD
[(652.1)-1845.2(604.6 )]TJ
4.5 0 0 4.5 425.4 271.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 440.94 267.5604 Tm
-0.0006 Tc
1.133 Tw
(2600 2600 2900)Tj
ET
362.82 275 0.48 -9 re
f
432.18 275 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 258.5604 Tm
0.0009 Tc
0.0033 Tw
[( annual)9.4( grow)13.7(th r)9.1(a)1.5(te)10( in )8.5(% )-11906(25.2)-2391.7(43.2)-2391.7(35.7)-2391.7(13.9)]TJ
4.5 0 0 4.5 356.1 262.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 378.42 258.5604 Tm
0.0008 Tc
[(18.0)-2622.5(-)0.5(7.3 )]TJ
4.5 0 0 4.5 425.4 262.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 446.4 258.5604 Tm
-0.0005 Tc
2.7996 Tw
[(-10 0 )555.6(10)]TJ
ET
362.82 266 0.48 -9 re
f
432.18 266 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 249.5603 Tm
0.0016 Tc
0.0026 Tw
[(F)5.6(D)5.8(I inf)5.9(l)1.5(ow)14.4(, EU)5.8(R)5.8( m)14.1(n)2.2( )]TJ
4.5 0 0 4.5 148.5 253.0403 Tm
0.0021 Tc
0 Tw
(8\) )Tj
7.02 0 0 7.02 240.36 249.5603 Tm
0.0004 Tc
[(1265.3)-1281.1(3515.7)-1281.1(2530.1)-1281.1(2042.5)]TJ
4.5 0 0 4.5 356.1 253.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 374.52 249.5603 Tm
0.0004 Tc
[(850.1)-1845.2(844.7 )]TJ
4.5 0 0 4.5 425.4 253.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 249.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 257 0.48 -9 re
f
432.18 257 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 240.5603 Tm
0.0015 Tc
0.0027 Tw
[(F)5.5(D)5.7(I out)5.8(flow)14.3(, EU)5.7(R)5.7( )8.5(m)5.5(n)2.1( )]TJ
4.5 0 0 4.5 152.82 244.0403 Tm
0.0021 Tc
0 Tw
(8\) )Tj
7.02 0 0 7.02 254.04 240.5603 Tm
-0.0006 Tc
[(18)-3230.8(17)-2675.2(686)-2675.2(189)]TJ
4.5 0 0 4.5 356.1 244.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 378.42 240.5603 Tm
0.0013 Tc
[(19.3)-2955.4(1)1.9(.4 )]TJ
4.5 0 0 4.5 425.4 244.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 240.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 248 0.48 -9 re
f
432.18 248 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 225.5603 Tm
-0.0002 Tc
0.0044 Tw
[(Gross )8.5(reserv)12.6(es of )8.5(NB, ex)12.6(cl. gol)]TJ
13.7521 0 TD
-0.0004 Tc
0.0046 Tw
[(d)8.7(,)-4.6( )8.5(EUR mn )-2931.6(4753.7)-1281.9(8841.3)-1281.9(9422.2)-1281.9(7908.8)]TJ
4.5 0 0 4.5 356.1 229.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 370.62 225.5603 Tm
0.0002 Tc
[(9321.1)-1289.8(7828.2 )]TJ
4.5 0 0 4.5 425.4 229.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 225.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 239 0.48 -15 re
f
432.18 239 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 216.5603 Tm
0.0005 Tc
0.0037 Tw
[(Gross )8.5(ex)13.3(ternal deb)9.6(t, E)]TJ
9.9316 0 TD
-0.0004 Tc
0.0046 Tw
[(UR mn)8.7( )-7974.4(13064.0)-726.3(14884.6)-726.3(17790.5)-726.3(21800.5)]TJ
4.5 0 0 4.5 356.1 220.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 366.72 216.5603 Tm
0.0001 Tc
[(17957.3)-734.3(21445.0 )]TJ
4.5 0 0 4.5 425.4 220.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 216.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 224 0.48 -9 re
f
432.18 224 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 207.5603 Tm
0.0001 Tc
0.0041 Tw
[(Gross )8.5(ex)12.9(ternal deb)9.2(t in )8.5(% o)9.2(f)4.4( GDP )-8196.6(66.2)-2392.5(59.4)-2392.5(59.7)-2392.5(70.0)]TJ
4.5 0 0 4.5 356.1 211.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 378.42 207.5603 Tm
0.0006 Tc
[(57.6)-2400.5(73.9 )]TJ
4.5 0 0 4.5 425.4 211.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 207.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 215 0.48 -9 re
f
432.18 215 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 192.5603 Tm
-0.0002 Tc
0.0044 Tw
[(Av)12.6(erage ex)12.6(change )8.5(rate)8.9( RSD/)]TJ
12.9744 0 TD
[(EUR )-7034.2(82.91)-1837.2(84.19)-1837.2(79.98)-1837.2(81.90)]TJ
4.5 0 0 4.5 356.1 196.0403 Tm
0 Tc
0 Tw
( )Tj
7.02 0 0 7.02 378.42 192.5603 Tm
0.0006 Tc
[(82.8)-2400.5(94.5 )]TJ
4.5 0 0 4.5 425.4 196.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 444.84 192.5603 Tm
-0.0006 Tc
1.6886 Tw
(100 110 120)Tj
ET
362.82 206 0.48 -15 re
f
432.18 206 0.48 -15 re
f
BT
7.02 0 0 7.02 85.08 183.5603 Tm
-0.0004 Tc
0.0046 Tw
[(Purcha)8.7(sing)8.7( pow)12.4(er )8.5(parity)12.4( RSD/EUR )]TJ
4.5 0 0 4.5 195.6 187.0403 Tm
0.0038 Tc
0 Tw
[(10\))16.8( )]TJ
7.02 0 0 7.02 244.26 183.5603 Tm
0.0004 Tc
[(31.72)-1836.6(34.34)-1836.6(37.30)-1836.6(41.30)]TJ
4.5 0 0 4.5 356.1 187.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 390.12 183.5603 Tm
4.0726 Tc
[(..)4068.4( )]TJ
4.5 0 0 4.5 425.4 187.0403 Tm
0 Tc
( )Tj
7.02 0 0 7.02 454.56 183.5603 Tm
0.0042 Tc
3.0684 Tw
(. . .)Tj
ET
362.82 191 0.48 -9 re
f
432.18 191 0.48 -9 re
f
BT
7.02 0 0 7.02 85.08 167.6003 Tm
-0.0257 Tc
0.0983 Tw
[(1\) P)8.8(r)-0.4(el)8.4(imi)8.4(n)0.5(a)9.1(r)-0.4(y)12.8(.)-4.3( - 2\) )8.6(w)12.7(iiw)12.7( esti)8.4(ma)9.1(te i)8.4(n)0.5( 20)9.1(0)9.1(8)0.5(. - 3)9.1(\))-0.4( w)12.7(iiw)12.7( estima)9.1(te)9.1(. - 4\) )8.6(Gr)8.2(o)9.1(s)4.2(s v)12.8(a)0.5(lue a)9.1(dde)9.1(d)9.1(.)-4.3( - 5\) Fr)8.2(om 20)9.1(0)9.1(4)0.5( accor)8.2(d)0.5(i)8.4(ng )8.6(to )8.6(ce)9.1(n)9.1(s)4.2(us 2)9.1(0)0.5(0)9.1(2)]TJ
54.6068 0 TD
-0.0242 Tc
0.0968 Tw
[( an)10.6(d rev)14.3(i)9.9(si)9.9(o)10.6(n)-6.5(s )]TJ
-54.6068 -1.4273 TD
-0.026 Tc
0.2781 Tw
[(ba)8.8(se)8.8(d o)8.8(n)0.2( )8.6(IL)8.8(O a)8.8(n)0.2(d)8.8( Eu)8.8(ro)8.8(sta)8.8(t)-4.6( )8.6(me)8.8(th)8.8(od)8.8(ol)8.1(ogy)12.5(. - )8.6(6\))7.9( Fr)7.9(om 2)8.8(0)8.8(08 a)8.8(ccor)7.9(d)0.2(i)8.1(ng )8.6(to C)12.4(O)8.2(ICO)8.2(P)0(-)7.9(c)3.9(la)8.8(ssi)8.1(f)4(i)8.1(c)-4.6(a)8.8(t)4(ion)8.8(.)-4.6( -)7.9( 7)8.8(\))-0.7( B)8.5(a)8.8(sed)8.8( on)8.8( d)8.8(o)0.2(me)8.8(sti)8.1(c)-4.6( )8.6(ou)8.8(tpu)8.8(t)-4.6( )8.6(pr)7.9(i)8.1(c)3.9(es.)]TJ
59.7521 0 TD
-0.0253 Tc
0.2688 Tw
[( - )264.9( )]TJ
-59.7521 -1.4188 TD
-0.0258 Tc
0.0728 Tw
[(8\) C)12.6(onv)12.7(er)8.1(te)9(d )8.6(fr)8.1(om U)12.6(S)0.2(D w)12.6(i)-0.2(th )8.6(th)9(e av)12.7(er)8.1(ag)9(e)9( ex)12.7(ch)9(ang)9(e )8.6(ra)9(te)9(. )8.6(- )8.6(9\) )8.6(From )8.6(20)9(06 )8.6(in)9(clud)9(in)9(g)9( tran)9(sa)9(cti)8.3(o)0.4(n)9(s)-4.4( w)12.6(i)8.3(th M)12.3(o)0.4(n)9(t)-4.4(e)9(n)0.4(e)9(g)0.4(r)8.1(o)0.4(. - )8.6(10)9(\) B)8.7(e)9(nchm)12.3(ar)8.1(k )8.6(re)]TJ
56.2393 0 TD
-0.0329 Tc
0.0798 Tw
[(su)-6.7(lts)-11.5( 20)-6.7(05)-6.7( )]TJ
-56.2393 -1.4273 TD
-0.023 Tc
0.0016 Tw
[(fr)10.9(om)15.1( E)11.5(u)3.2(r)10.9(o)11.8(s)6.9(t)-1.6(a)11.8(t)7( a)11.8(n)3.2(d)11.8( w)15.4(i)11.1(iw)15.4( e)11.8(s)6.9(tim)15.1(a)11.8(te)11.8(s)6.9(.)7( )]TJ
/TT8 1 Tf
0 -2 TD
-0.0258 Tc
0 Tw
[(Sou)9(r)8.1(ce)9(: )]TJ
/TT4 1 Tf
3.4957 0 TD
-0.0331 Tc
0.0031 Tw
[(wi)-7.5(i)-7.5(w)5.3( )-8.6(Dat)-11.7(a)-6.9(bas)-11.7(e i)-7.5(n)1.7(co)-6.9(rp)-6.9(or)-7.8(at)-11.7(in)-6.9(g n)-6.9(a)1.7(t)-11.7(i)1(o)-6.9(n)-6.9(a)1.7(l st)-11.7(at)-11.7(istics. )-8.6(F)-3.5(o)1.7(r)-7.8(e)1.7(ca)-6.9(sts b)-6.9(y)5.4( )-8.6(wi)-7.5(i)-7.5(w)5.3(.)]TJ
10.02 0 0 10.02 300.06 123.5603 Tm
0 Tc
0 Tw
( )Tj
ET
endstream
endobj
23 0 obj
<<
/Font <<
/TT2 28 0 R
/TT4 29 0 R
/TT6 30 0 R
/TT8 31 0 R
>>
/ProcSet [/PDF /Text]
/ExtGState <<
/GS1 33 0 R
>>
/ColorSpace <<
/Cs6 34 0 R
>>
>>
endobj
24 0 obj
<<
/R 38 0 R
/W [0 2]
/MB [0 0 595 842]
/JTF 0
>>
endobj
25 0 obj
<<
/CP (Distiller)
/Fi 39 0 R
>>
endobj
26 0 obj
<<
/Dm [595 842 595 842]
>>
endobj
27 0 obj
[/Indexed /DeviceRGB 255 40 0 R]
endobj
28 0 obj
<<
/Type /Font
/Widths [278 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
556 556 556 556 0 556 556 556 556 556 333 0 0 0 0 0
0 722 0 722 0 667 611 0 0 278 0 0 0 0 0 0
0 0 0 667 0 722 0 0 0 0 0 0 0 0 0 0
0 556 611 556 611 556 0 0 0 278 0 0 278 889 611 611
611 0 389 556 333 611 0 778 0 556 0 0 280]
/Subtype /TrueType
/BaseFont /DICCIG+Arial,Bold
/Encoding /WinAnsiEncoding
/LastChar 124
/FirstChar 32
/FontDescriptor 41 0 R
>>
endobj
29 0 obj
<<
/Type /Font
/Widths [278 0 0 0 0 889 0 0 333 333 0 584 278 333 278 278
556 556 556 556 556 556 556 556 556 556 0 278 0 0 0 0
0 667 667 722 722 667 611 778 722 278 500 0 556 833 722 778
667 0 722 667 611 722 0 944 0 0 0 0 0 0 0 0
0 556 556 500 556 556 278 556 556 222 0 500 222 833 556 556
556 556 333 500 278 556 500 722 500 500 500 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 222 0 0 0 556]
/Subtype /TrueType
/BaseFont /DICCII+Arial
/Encoding /WinAnsiEncoding
/LastChar 150
/FirstChar 32
/FontDescriptor 42 0 R
>>
endobj
30 0 obj
<<
/Type /Font
/Widths [250]
/Subtype /TrueType
/BaseFont /DICCKJ+TimesNewRoman
/Encoding /WinAnsiEncoding
/LastChar 32
/FirstChar 32
/FontDescriptor 43 0 R
>>
endobj
31 0 obj
<<
/Type /Font
/Widths [278 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 278 0 0 0 0 0
0 0 0 0 0 0 0 778 0 0 0 0 0 0 0 0
0 0 0 667 0 0 667 0 0 0 0 0 0 0 0 0
0 556 0 500 556 556 0 556 0 222 0 0 222 833 0 556
0 0 333 0 0 556 500]
/Subtype /TrueType
/BaseFont /DICCKL+Arial,Italic
/Encoding /WinAnsiEncoding
/LastChar 118
/FirstChar 32
/FontDescriptor 44 0 R
>>
endobj
32 0 obj
<<
/Type /XObject
/Width 334
/Filter [/FlateDecode]
/Height 293
/Length 26058
/Subtype /Image
/ColorSpace 35 0 R
/BitsPerComponent 8
>>
stream
HWv۸=$@.MiyMk[p"b.̽4m]alZĀ!t~
xJzSk
},i:ߑ\mP:ߘvQiw]Gw_Bpw/6_t_% ,EF ,`ҧ][Vhҫ/~zY/~\MՃ'= N#+>6m$fv8|f;(8G}l{RBuCGAEe0^PvXQP,
5Ӣg%S,I)4Ս
%mщ<>g=`,2P]rx]4BF$8y+d,b7e3wO0 Kq Ujg;.R