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May 13, 2003 - Tuesday |
Council of Ministers decision leaves Serbian banks without additional capital, Dinkic
16:56 BELGRADE , May 13 (Tanjug) - National Bank of Serbia (NBS) Governor Mladjan Dinkic warned Tuesday that 15 banks in Serbia cannot bring in additional capital due to the disbanding of the Commitee For Stocks and Bonds, and that Belgrade cannot withdraw a 90-million-euro credit from the European Investment Bank (EIB), because Serbia-Montenegro Foreign Economic Relations Minister Branko Lukovac needs a month to sign the agreement about this.
Dinkic recalled that Serbia-Montenegro Foreign Minister Goran Svilanovic recently told the Blic News magazine that the Council of Ministers had not made a single decision over the past three months, except for relieving of duty the chairmen and members of the federal Committee For Stocks and Bonds and the Agency For the Sanation of Banks. Dinkic added that this was not within the Council's competencies and had only created insurmountable problems for Serbia.
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