Serbia not to suffer serious effects of crisis

Dun and Bradstreet’ in its May report views financial situation in Serbia with more optimism assessing that our country shall not suffer from effects of deeper financial crisis. However, Serbia is still classified as a high risk country with DB5a rating.
As a reason for optimism the analysts mention arrangement that Serbia concluded with the IMF at the end of March.
‘Serbia concluded an agreement with the IMF of vital importance over increase of the existing package of help and loan in total value of EUR 3 billions’, the report says.