Budgetary plans for 2008 are difficult to reconcile with this consolidation benchmark. The current favourable macroeconomic environment provides a window of opportunity for progress towards achieving a sound medium-term fiscal position sooner rather than later. After all, as has been said before, the best time to repair the roof is when the sun is shining!
*  *  *  Dear Ladies and Gentlemen, It is my pleasure to welcome all of you on behalf of the National Bank of Serbia and just before the start of the summer break period. I am sure that we will all have an eventful time period after the summer break, so enjoy every minute of your vacation!