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“German and Austrian banks recommend buying Serbian bonds”

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Aleksandar Vucic says Germany’s Commerzbank AG and Raiffeisen Bank International AG have recommended buying Serbian bonds.

This means Serbia has surpassed Poland, Hungary and Croatia in what it is doing in the control of public finances, the head of Serbia’s outgoing government, who is expected to put together a new government, told reporters in Belgrade on Wednesday.

In making this statement, he was referring to a recent article published by Bloomberg.

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“This means some of the countries will lose billions of euros in EU funding. On the other hand, the recommendation for purchasing our bonds implies trust in the Serbian financial system,” Vucic said.

He added he would soon be able to confirm very good news for Serbia – Serbia’s credit rating would go up, which would be verified by all important credit agencies.

“This will be major news for Serbian citizens,“ Vucic said.

Source; B92

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