Serbia is not going to enter the European Union anytime soon. There is a huge financial crisis at the moment and if the government wants the Central Bank to buy up public debt so that the budget does not go out of control, and so that pensioners can get some money they desperately need I say go for it. The Central bank disagreed and now he is out of a job.
This is no different than the US fed buying toxic assets from private banks. It is a Central bank bailout of the public rather than a public bailout of private banks. After the financial crisis is over, Serbia can and should realign its finances.
The economic situation has already brought down the last government. We don't need to bow to Europe and put austerity measures in place that will lead to the same political and economic calamity we witnessed in Athens when Greece was forced to punish its poor for horrible EU economic mismanagement.
It may behoove the EU to get their own finances in order, and regulate their own banking sectors. In the past month, manipulations of the Euribor have been reported along with Western Government knowledge of it
I´ve already changed every Dinar into Euro. What do you think will happen when JT will starts to print money?
Forget Greece - Serbia will be bankrupt first.
Serbia is not going to enter the European Union anytime soon. There is a huge financial crisis at the moment and if the government wants the Central Bank to buy up public debt so that the budget does not go out of control, and so that pensioners can get some money they desperately need I say go for it. The Central bank disagreed and now he is out of a job.
This is no different than the US fed buying toxic assets from private banks. It is a Central bank bailout of the public rather than a public bailout of private banks. After the financial crisis is over, Serbia can and should realign its finances.
The economic situation has already brought down the last government. We don't need to bow to Europe and put austerity measures in place that will lead to the same political and economic calamity we witnessed in Athens when Greece was forced to punish its poor for horrible EU economic mismanagement.
It may behoove the EU to get their own finances in order, and regulate their own banking sectors. In the past month, manipulations of the Euribor have been reported along with Western Government knowledge of it
I´ve already changed every Dinar into Euro. What do you think will happen when JT will starts to print money?
Forget Greece - Serbia will be bankrupt first.
I´ve already changed every Dinar into Euro. What do you think will happen when JT will starts to print money?
Forget Greece - Serbia will be bankrupt first.
Serbia is not going to enter the European Union anytime soon. There is a huge financial crisis at the moment and if the government wants the Central Bank to buy up public debt so that the budget does not go out of control, and so that pensioners can get some money they desperately need I say go for it. The Central bank disagreed and now he is out of a job.
This is no different than the US fed buying toxic assets from private banks. It is a Central bank bailout of the public rather than a public bailout of private banks. After the financial crisis is over, Serbia can and should realign its finances.
The economic situation has already brought down the last government. We don't need to bow to Europe and put austerity measures in place that will lead to the same political and economic calamity we witnessed in Athens when Greece was forced to punish its poor for horrible EU economic mismanagement.
It may behoove the EU to get their own finances in order, and regulate their own banking sectors. In the past month, manipulations of the Euribor have been reported along with Western Government knowledge of it
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