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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; new borrowings totaling over 300 million euros on the horizon

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 new road projects funded by expensive commercial loans: Analysis and implications

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

NBS to implement interest rate caps on loans and credit from 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...

National Bank of Serbia reports record euro purchases and strong financial stability in 2023

Last year, the National Bank of Serbia (NBS) made a record net purchase of 9 billion euros on the interbank market to maintain the...

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...

Economist welcomes permanent interest rate caps for Serbian 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...

Financial sector inflation expectations drop to 3.7% for the coming year

Inflation expectations among financial sector representatives for the year ahead have dropped to 3.7%, according to the June survey conducted by the Ninamedia agency....

The National Bank of Serbia advances with open banking: Innovating payment services and ensuring financial stability

The governor of the National Bank of Serbia (NBS), Jorgovanka Tabaković, announced that the NBS has successfully met all statutory goals, maintaining inflation within...

Serbia embraces open banking: Transforming financial services with modernization reforms

The National Bank of Serbia is preparing amendments to the Law on Payment Services that promise to revolutionize the financial landscape. These changes, currently...

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...

Unpacking the dinar: Stability claims and economic realities in Serbia

Recently, Serbia commemorated the 140th anniversary of the National Bank. On this occasion, speeches were delivered, with President Vučić stating, "For a solid 12...

Inflation expectations in Serbia remain stable: Insights from financial sector and economic surveys

The inflation expectations of financial sector representatives for the next year remained unchanged at 3.9%, compared to the April survey, according to the May...

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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