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Serb c.bank chief defends banking system

Monday, October 20th, 2008

On Friday, Serbian central bank governor Radovan Jelasic held another presentation on the effects of the global financial crisis on Serbian banking and he used the opportunity to admonish reporters for stirring up panic that is costing the economy. "Inaccurate and incomplete reporting on global financial market developments," says Jelasic has ...

More money spent to save the Dinar

Tuesday, October 7th, 2008

In the past few days, Serb central bank has spent 50 million Euros buying up its own currency amid reports that there is a great deal of demand for foreign currency. An economist Goran Nikolic tells Serbian daily Glas Javnosti that the 50 million spent is a dramatic action and says ...