Economist Borislav Borović warned today about “dramatic” social stratification in Serbia, stating that foreign currency savings and household loans are almost equal.“While on the one hand, foreign currency savings grew to 12 billion euros, household loans (cash, housing and consumer) increased to an almost similar amount – 11.7 billion euros,” announced Borović.
According to him, it is about the spillover of social income and wealth.
“The trouble is that the number of others is many times greater than the first, but it is certainly the most dangerous that about six billion euros of loans are for cash and consumer loans. They are for mere survival and ‘bridging’,” Borović said on Twitter.