government bill

Serbian banks uncertain about approving state-subsidized housing loans for young people despite government bill

Serbian banks have yet to decide whether they will approve housing loans for young people, despite the government's recent adoption of a bill designed to provide state-subsidized loans. The new loan program is expected to cost up to 400 million euros, the amount the government plans to allocate in support. Banks have expressed concerns about the details of the program, particularly the risks involved. One bank representative told Nova Ekonomija that while the draft of the law has been reviewed,…