FRY #30 The Federal Republic of Yugoslavia in the Stabilisation and Association Process

http://ec.europa.eu/enlargement/pdf/financial_assistance/cards/publications/fry_strategy_paper_en.pdf -been requested for the telecommunications and Electricity Company and a new legal basis has been established in mid-2001 to set up a Regulatory Agency for telecommunication and electricity. After some delays, the overall strategy on privatisation has been agreed within UNMIK in Kosovo. It is based on a multi-faceted approach which envisages spin-offs, transformation of Socially Owned Enterprises, bankruptcy and liquidation of non-viable enterprises. The federal authorities made important first steps toward restructuring of the banking sector in the Republic of Serbia that suffers from a lack of financial inter-mediation, bad loans and illiquidity. Based on a survey conducted by the NBY, 28 banks that had been classified as insolvent were re-examined in depth and re-categorised.

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YouTube | November 16, 2008

Tags:. .illiquidity. .unmik. .yugoslavia. .insolvent. .categorised