ECB ready to help Serbian central bank, Finance Ministry

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The European Central Bank (ECB) is ready to provide full assistance to both the National Bank of Serbia (NBS) and the Ministry of Finance.

This concerns dealing with non-performing loans and maintaining the stability of Serbia’s banking and economic system, ECB officials said at a meeting with Prime Minister Aleksandar Vucic on Wednesday.

Vucic and the ECB delegation, headed by Benoit Coeure, discussed the economic situation and development prospects, as well as Serbia’s influence on economic trends in the Western Balkans.

They also discussed the economic situation in the eurozone in the wake of Brexit and the measures to be taken by the ECB to stabilize the market and minimize the negative impact of the UK’s departure from the EU, the Serbian government said in a statement.

Coeure praised the government’s economic reforms and the stable monetary policy pursued by the NBS.

Source; B92