Svetska kriza i Srbija: Bravo za guvernera :: Mondo
Here is a text (in Serbian) about the economic situation in Serbia. The financial market is generally doing well. The reason is strict monetary policy - something similar to Australia. Hence the whole financial crisis had much lower effect.
The more affected was the share market. Many foreign investors pulled the money out of investment funds additionally putting pressure on prices. Most investment funds lost 30-50% of their value during the last month only.
The practical effect is that many small investors, who considered investment as a way of savings, also pulled their money out effectively losing half of their savings. Its sad to see how people make it harder for themselves.
I've heard similar stories from people I know. Some even want to get their term deposits back.
Here is a text (in Serbian) about the economic situation in Serbia. The financial market is generally doing well. The reason is strict monetary policy - something similar to Australia. Hence the whole financial crisis had much lower effect.
The more affected was the share market. Many foreign investors pulled the money out of investment funds additionally putting pressure on prices. Most investment funds lost 30-50% of their value during the last month only.
The practical effect is that many small investors, who considered investment as a way of savings, also pulled their money out effectively losing half of their savings. Its sad to see how people make it harder for themselves.
I've heard similar stories from people I know. Some even want to get their term deposits back.
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