Serbia: Capital Outflow Decelerates

BusinessEconomy ♦ Published: August 2, 2013; 17:21 ♦ (Vindobona)

At least, the pace and Volume of Capital Withdrawal by Foreign Banks Declines in the First Half of 2013.

Serbia: Capital Outflow Decelerates / Picture: © Vindobona.org

To refute allegations and information on capital outflow from Serbia presented by some media, the NBS informs the public that both the pace and volume of capital withdrawal by foreign banks in Serbia declined in the first half of 2013 relative to the same period last year. In fact, in contrast to other countries of the region where the pace and volume of capital outflow is increasing,…