Economics professor: Serbia is in a very difficult and uncertain position
BizLife 11.04.2022 | Beta
Due to the crisis and the war in Ukraine, Serbia will have to slow down or delay the implementation of some projects, while some projects for which loans have been taken will have to be completed within the determined deadlines, said Professor of the Faculty of Economics in Belgrade, Ljubodrag Savic.
He told the Beta agency that Serbia was in a very difficult and uncertain position and that Europe’s opportunities for blackmail were extremely big, and that the time of cheap money and borrowing had passed. “Periods of cheap and expensive money from loans are changing, we have entered the phase of expensive money, key policy rates are increasing, which is why the contractual variable interest rates on the loans of retail clients, businesses and the state will
