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7 December 2014. Serbia is inviting bids for an 80-percent stake in a loss-making steel mill, aiming to ease pressure on the country's finances. The steel mill in the central Serbian town of Smederevo is one of the largest beneficiaries of government subsidies, absorbing as much as $120 million of taxpayers' money a year.

REUTERS

http://www.reuters.com/article/2014/12/05/serbia-steel-idUSL6N0TP1T520141205

 

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