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Serbian lawmaker warns of economic crisis and calls for Minister’s resignation after tragic accident

Miroslav Aleksić, a member of the Serbian National Movement, expressed that the revised national budget for this year includes an additional eight billion euros...

Serbia’s debt exceeds 38 billion euros; Government to secure additional 300 million euros in new loans

As of July this year, Serbia’s national debt has risen to over 38 billion euros. To further increase this amount, the government plans to...

Serbia’s recent borrowing boosts road projects amid concerns over high costs

At the end of July, the Serbian Assembly discussed several laws concerning additional borrowing, including loans from domestic commercial banks. These loans are intended...

New caps on interest rates for loans and credit cards to be implemented this autumn

Starting this autumn, new caps on interest rates for housing loans, personal loans, credit cards and overdrafts will be implemented, announced Jorgovanka Tabaković, Governor...

Serbia’s rising public debt and costly loans: Economists warn of unsustainable borrowing practices

Economist Goran Radosavljević expressed concern over Serbia’s public debt of €38.2 billion, highlighting not the absolute amount but the rapid pace of borrowing and...

Economists warn of Serbia’s growing public debt and high-cost loans

Economist Vladimir Vasić has expressed approval of the National Bank of Serbia’s (NBS) announcement regarding permanent limits on interest rates for various types of...

Serbia extends loan terms with UAE, incurring higher interest costs

Serbia has opted to extend the repayment terms of two significant loans from the United Arab Emirates (UAE), despite the increased financial burden. Originally...

Serbia’s bank indebtedness trends: Insights from the latest credit report

In May, total indebtedness to banks in Serbia rose by 5.2% year-on-year, surpassing 30 billion euros for the year. Household debt for housing loans...
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