Alexander Vuchich declared conflict consequences in Near East for economy Europe

Europe practically was included in recession, and the situation will worsen in case of continuation of the Palestinian-Israeli conflict. The president declared on October 18 Serbia Alexander Vuchich, speaking about global challenges which the world economy faces. "When you face expensive money, problems with current assets for productions, problems in construction and other areas appear war, high interest rates, then. Therefore Europe practically was included in recession. If this situation with Israel and Palestine proceeds, everything will roll down in an abyss" — the Serbian leader noted. It...