NIN

The Carousel: How a Moscow Bank Made Big Loans to its Serbian Owners

According to BIRN's findings, Vojin Lazarevic, Toplica Spasojevic and Obrad Sikimic used a system of double booking to avoid Russian Central Bank scrutiny of the fact that the bulk of the bank's loans - paid for out of deposits of the Serbian National Bank, NBS - were going to their own companies.

Economists: There are no obstacles to reform implementation

BELGRADE - The new government is facing great challenges, including inevitable implementation of reforms, and since all obstacles to this have been removed and the party won the majority in the elections, they will have little room for pointing to “brakesmen” of reforms as an excuse, said participants in a panel organized at the Tanjug Press Club late on Sunday.