serbia’s public debt drama: bonds, loans, and financial risks

Serbia is borrowing another half a billion euros through new bonds because, of course, the budget can’t breathe on its own! Interest rates are a neat 4.5 to 5%, and domestic investors? They’re just a footnote since foreign banks buy most of the bonds. Economists warn it’s like playing Russian roulette with the economy — when a crisis hits, it’s gonna hurt! But hey, the government says it’s all normal since other countries are even more in debt. So, is this financial savvy or just another step towards long-term dependency? Sound off — is this smart borrowing or economic suicide?

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