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Borrowing for the future: What Serbia’s €200 million eurobond sale really means

December 26, 2025

When Serbia recently issued €200 million worth of long-term Treasury bonds maturing in 2037, the story was reported as a financial transaction. But bonds...

Serbians increase borrowing as lower interest rates boost demand for loans

December 5, 2025

In Serbia, citizens most often take loans for vacations, education, home renovations, and cars, with the largest debt stemming from cash and mortgage loans....

Serbia proposes €410 million in new loans for infrastructure and green projects

September 10, 2025

Last week, the Serbian government submitted proposals to the National Assembly for new loans totaling approximately €410 million. The country plans to borrow from the...

Serbia secures €298.5 million loan for highway construction and guarantees debts of national electricity distributor

June 20, 2025

Serbia will take on a loan of up to €298.5 million from NLB Komercijalna banka to finance the construction of the first section of...

EBRD approves €50 million loan to Serbia for cleaner heating and reduced emissions

June 13, 2025

The European Bank for Reconstruction and Development (EBRD) has approved a €50 million loan to Serbia to support the closure of environmentally harmful boiler...

Serbia faces €2.4 billion debt increase: Rafale Jet loan and major infrastructure financing

May 31, 2025

Several new borrowing bills are currently under consideration in the Serbian Parliament, potentially increasing Serbia’s debt by an additional €2.4 billion. The most notable and...

Serbia’s households borrow much more than businesses, raising economic concerns

May 28, 2025

New data from the National Bank of Serbia (NBS) reveal that in the first quarter of 2025, Serbian banks issued three times more loans...

Serbia secures €1.9 billion loan to finance purchase of 12 Rafale fighter jets

May 19, 2025

The Government of Serbia has adopted a draft law confirming the Agreement on a credit arrangement between the Republic of Serbia and a group...

Serbia to borrow €298 million for phase 1 of Belgrade–Zrenjanin–Novi Sad highway construction

May 18, 2025

Serbia intends to borrow up to 35 billion dinars (approximately EUR 298 million) from NLB Komercijalna banka to help finance the construction of the...

Serbia pays high interest rates on borrowing despite low public debt

April 22, 2025

In 2024, Serbia's average interest rate on borrowing stood at 4.1%, significantly higher compared to the European Union's average of 2.3% and the Eurozone's...

Serbia expands government bond issuance amid political unrest and growing debt concerns

March 17, 2025

Serbia has significantly expanded its issuance of government securities, tripling the initial planned volume and borrowing through dinar ten-and-a-half-year bonds. The Public Debt Administration...

Serbia to purchase six new locomotives and modernize old ones with €90 million loan

February 19, 2025

The Serbian government will acquire six new locomotives and modernize older ones through a €90 million loan, as reported by the "Nova" newspaper. According...

Serbia secures €60 million loan for railway modernization project from French Development Agency

January 14, 2025

The Government of Serbia has presented the Bill for the confirmation of a credit agreement with the French Development Agency (AFD) to the National...

Serbia secures 20 billion dinars in loans for Ruma-Šabac-Loznica road construction

January 14, 2025

On December 27, 2024, the Serbian government signed long-term investment loan agreements with Intesa and Unicredit banks to finance the construction of the Ruma...

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