Serbia’s pensioners rally against government austerity measures

Hundreds of Serbian pensioners rallied in Belgrade on Thursday to protest austerity measures introduced as part of a 1.2 billion euro ($1.41 billion) loan deal with the International Monetary Fund.

Chanting “thieves” and carrying banners reading “we are hungry”, the pensioners demanded that the government and Serbia’s constitutional court annul austerity cuts imposed in 2014 and refund lost pension payouts.

The government of then Prime Minister Aleksandar Vucic signed a three-year loan deal with the IMF in February 2015 after Belgrade committed to austerity to cut its ballooning debt and budget deficit.

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