Serbia's new government to overhaul economy, prime minister-designate says

Serbian Prime Minister designate Aleksandar Vucic, left waves in the parliament, in Belgrade, Serbia, Sunday, April 27, 2014. Vucic announced that his government would be formed on Sunday. (AP Photo/Darko Vojinovic) (The Associated Press)

Serbian Prime Minister designate Aleksandar Vucic addresses the parliament, in Belgrade, Serbia, Sunday, April 27, 2014. Vucic announced that his government would be formed on Sunday. (AP Photo/Darko Vojinovic) (The Associated Press)

Serbia's prime minister-designate has promised a total overhaul of the economy in the Balkan country that went through a decade of wars and international isolation in the 1990s, but is now seeking EU membership.

Aleksandar Vucic told the lawmakers Sunday that "you will sleep and eat here" in order to bring a set of reform laws that are necessary to introduce market reform. He says that "this is something that has been put off for too long."

Vucic's center-right government is expected to be voted into office later Sunday. His Serbian Progressive Party has won an absolute majority of 158 seats in the 250-member assembly in March 16 elections. Vucic says changes will include cuts in the public sector, budget revision and privatization of some state-run companies.