Serbia: Progressives Prepare to Form Cabinet After Election Win | Businessweek
Serbia’s Progressive Party pledged to form a new government by May 1 after winning an outright parliamentary majority in an election on a pledge to fight graft, fix the economy and join the European Union by 2020. The party, led by Aleksandar Vucic, who forced the ballot two years earlier than scheduled, won 48.3 percent, more than polls predicted, Serbia’s Election Commission said today. Vucic will get 158 of the chamber’s 250 seats, while Prime Minister Ivica Dacic’s Socialist Party received 13.5 percent, for 44 seats, according to preliminary results. Vucic said he will consult with President Tomislav Nikolic and three other parties that made it into parliament. Vucic, who was once an ally of late Balkan strongman Slobodan Milosevic, pledged to embrace painful austerity measures endorsed by the International Monetary Fund and lead Serbia into the EU two decades after the bloody Balkan civil wars. He said he will “extend a hand” to other parties before forming his administration.