Milosavljevic: Increase in electricity prices would be immoral

Belgrade, June 16. 2010. (Serbia Today) Trade Minister Slobodan Milosavljević said that an increase in electricity prices at this moment would be immoral toward the citizens. He said that at a time when pensions and wages are frozen, it would be wrong to increase electricity prices. Serbian Electric (EPS) announced recently that it would ask the government to approve a price hike in the fall. “My stance is that I will be against an increase in electricity prices until the end of the year if wages and pensions stay froze,” Milosavljević said. EPS General Director Dragomir Marković said on Friday that the company has not backed down from its demand for one more price increase by the end of the year. He said that the conditions for this have already been met, adding that the EPS would ask for prices to be increase by 20 percent.