The Serbian government will provide €2bn in loan guarantees to businesses beginning next Tuesday. Finance Minister Sinisa Mali said the government had passed three regulations, including the one on state-backed loan guarantees. He said the loans would be for 36 months and that companies would have up to a year to begin paying them back. The government’s two other regulations are focused on farmers, for whom €2.6bn has been allocated through the Agrarian Payments Authority.
