Serbia’s Next Cabinet to Restart Reforms, Finance Chief Says

  • Government to end bankruptcy ban on state-owned companies
  • Serbia doesn’t need Eurobond now as financing needs drop

Aleksandar Vucic, Serbia's prime minister, gestures whilst speaking to supporters during a political rally ahead of Sunday's general election in Belgrade, on April 21, 2016.

Photographer: Oliver Bunic/Bloomberg

Serbia’s next government will end a ban on bankruptcy procedures against large state-owned companies “very soon” and stop paying subsidies that drain hundreds of millions of dollars from the budget each year, Finance Minister Dusan Vujovic said.

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