GOVERNO SERBO METTE IN BANCAROTTA QUATTRO TRA LE PRINCIPALI
BANCHE DI STATO: 8500 DIPENDENTI DA SUBITO SENZA LAVORO.

La decisione e' stata presa in seguito alle intimidazioni della Banca
Mondiale e degli altri istituti che regolano il sistema creditizio-
usurario internazionale. Con i precedenti governi a guida socialista
le condizioni-capestro per la restituzione degli interessi sul
debito, gia' causa di disastri in altri paesi del mondo (esempio:
Argentina), erano state variamente aggirate. Con la nuova classe
dirigente, la cui politica economica e' stata formulata dagli
economisti ultraliberisti del "G17", tra cui il governatore della Banca
Centrale Dinkic, non c'e' piu' scampo: si vuole privatizzare il sistema
bancario nazionale lasciando in mano agli speculatori stranieri le
riserve del paese. (I. Slavo)

> http://www.ansa.it/balcani/jugoslavia/20020104200532094732.html

JUGOSLAVIA: DOPO CHIUSURA BANCHE SI DIMETTE MINISTRO FINANZE

(ANSA-REUTERS) - BELGRADO, 4 GEN - Il ministro delle finanze
jugoslavo Jovan Rankovic si e' dimesso a seguito della
decisione di chiudere quattro banche in difficolta'.
Lo ha detto il governatore della Banca centrale Dragisa Mladjan
Dinkic. Rankovic ha criticato la decisione annunciata ieri da
ministri dei governi jugoslavo e serbo di chiudere Beogradska
Banka, Beobanka, Investbanka e Jugobanka nel quadro di riforme
del suo fragile sistema finanziario sponsorizzate
dalla Banca mondiale. Le dimissioni di Rankovic sono state poi
confermate dal primo ministro jugoslavo Dragisa Pesic.
Secondo l'agenzia Tanjug, Pesic ha detto che il
ministro ha motivato le dimissioni ''con alcune incomprensioni e
divergenze con la Banca centrale, il governatore Dinkic e alcuni
ministri serbi''. la chiusura delle banche ha provocato proteste
tra le centinaia di dipendenti, che si sono barricati negli uffici.
(ANSA-REUTERS) DG 04/01/2002 20:05

> http://www.ansa.it/balcani/jugoslavia/20020103210032093759.html

JUGOSLAVIA: ORDINATA CHIUSURA QUATTRO IMPORTANTI BANCHE

(ANSA-AFP) - BELGRADO, 3 GEN - Il governo jugoslavo ha deciso
oggi la chiusura di quattro tra le piu' importanti banche della
Serbia nel quadro di una riforma del sistema finanziario,
ormai moribondo. Lo ha annunciato il vice primo ministro
jugoslavo Miroljub Labus citato dall'agenzia 'Beta'. La chiusura
di queste banche lascera' senza lavoro circa 8.500 persone.
''Il nostro scopo e' quello di rompere con il sistema
bancario politico'', ha dichiarato Labus, riferendosi alle pratiche
monetarie del regime di Slobodan Milosevic rovesciato
nell'ottobre 2000, dopo oltre un decennio di autoritarismo
durante il quale ingenti somme di denaro sono state
trasportate fuori dal paese e trasferite su conti privati.
Le banche delle quali e' stata decisa la chiusura avevano
ogni mese debiti di 500 marchi (circa 250 euro) per ogni
impiegato e la Serbia doveva intervenire per garantire la
sua liquidita', ha precisato Labus. I quattro istituti bancari
hanno contratto negli ultimi dieci anni debiti per 3,5 miliardi
di marchi (1,75 miliardi di euro). I creditori, per la
maggior parte stranieri, avevano fatto causa e le
sentenze dei tribunali sono diventate esecutive. In questa
situazione ''l'unica soluzione e' il fallimento'' ha sottolineato il
vicepremier assicurando che i clienti di queste banche potranno
presto recuperare i loro averi. Le aziende che avevano conti in
queste banche saranno risarciti dallo stato serbo.
(ANSA-AFP). GGI 03/01/2002 21:00

+++ Jugoslawischer "Bankenmörder": keine schlechten Absichten +++
BELGRAD, 5. Januar 2002. Der ultraliberale Gouverner der
jugoslawischen Zentralbank Vladan Dinkic, der gemäß Forderungen
des Internationalen Währungsfonds und der Weltbank die
Zerschlagung und Liquidierung von vier größten jugoslawischen
Banken letzte Woche angeordnet hat, dementierte gegenüber dem
Radiosender "Stimme Amerikas", daß er mit diesem Schritt die
Marktübernahme durch ausländische Baken in Jugoslawien erreichen
wird.
TANJUG / AMSELFELD.COM

*** UNO SGUARDO ALL'INDIETRO:

GIUGNO: DINKIC PROMETTE PROVVEDIMENTI

YUGOSLAV CENTRAL BANK GOVERNOR ON BANKING SYSTEM REHABILITATION
BELGRADE, June 6 (Tanjug) The first step in the rehabilitation of
Yugoslavia's banking system will be to clean the banks' balances from
all of the socalled old hard currency savings, Yugoslav Central Bank
Governor Mladjan Dinkic said on Wednesday.
Speaking at a congress of economists in Belgrade, Dinkic said
that the next step would be the writeoff of the banks' capital and
debts and the replacement of the "contaminated" assets by bonds
and liquidation assets. The threeday congress of bankers and economic
experts is dedicated to privatisation, financial institutions, new
laws and "old hard currency savings."

LA BERS PONE CONDIZIONI...

EBRD READY FOR COOPERATION WITH YUGOSLAVIA
GORNJI MILANOVAC, June 7 (Tanjug) For the European Bank for
Reconstruction and Development (EBRD), it is essential at this moment
to learn what kind of privatization law will be passed in Serbia, in
order to know with whom it will negotiate credit arrangements, EBRD
Director for Yugoslavia Henry Russel said Thursday in Gornji Milanovac,
central Serbia.
Yugoslavia should also reform its legal and judiciary system with
a view to securing credits and investments through mortgages, Russel
said meeting local officials and executives of exportoriented companies.
Russel noted that he had visited many countries undergoing
transition and that the situation in Yugoslavia, especially as
regards the banking sector, is the most difficult.
It is actually a miracle that Yugoslavia's economy has survived
with such a banking system, Russel said, adding that the EBRD is
ready for cooperation with Yugoslavia but that it has its principles.
One of the principles is that the EBRD only finances projects
worth over five million dollars. Aware of the needs of Yugoslavia's
economy, however, especially of private companies, credible banks are
being selected to tackle on EBRD behalf projects which need lower
investments, Russel said.

...LA BANCA MONDIALE PURE...

YUGOSLAV VICEPREMIER MEETS WORLD BANK DELEGATION
BELGRADE, June 12 (Tanjug) Yugoslav VicePremier and Minister of
Foreign Trade Miroljub Labus and a World Bank delegation, headed by
Elaine Patterson, reviewed on Tuesday preparations for realising
the first tranche of a structural reform credit to Yugoslavia.
The first tranche amounts to 80 million dollars, of a total of 200
million, which is how much the World Bank should grant Yugoslavia
in the coming fiscal year, ending June 30, 2002.
The two sides agreed that the credit, earmarked for the budget to
finance structural adjustment, will provide significant support for
reforms which are prerequisite for regular servicing of Yugoslavia's
foreign debt.
Over the coming days, the World Bank mission will be meeting with
government officials of the Yugoslav federal units Serbia and
Montenegro to discuss structural and export credits as forms of
support for the transition process, a government statement said.

DINKIC: "NON AVREMO NESSUNA PIETA'"

DINKIC:WE WILL BE INEXORABLE
BELGRADE, June 13 (Tanjug) National Bank of Yugoslavia governor
Mladjan Dinkic said Wednesday that on June 15 will start preparations
for interventions in the domestic banking system within the
reconstruction process, so that on July 1 it will be know which
banks are "good" and which are "bad."
Dinkic said at a working meeting with journalists, on the topic
"Strategy of reconstruction of the banking system," highlighted the
fact that 28 banks whose recovery is uncertain employ over 20,000
people, while the entire Yugoslav banking sector has about 24,000
employees.
The governor assessed that in the process of consolidation of
banks about 5,000 employees will lose their jobs.
Asked whether he was aware of possible political pressure on the
National Bank of Yugoslavia and on him as governor, not only because
of the liquidation of banks but also because of protests of people
who will be left without jobs, Dinkic underlined that the process of
recovery and return of confidence in the domestic banking system must
be carried out without compromise, and warned: "we will be inexorable."

AGOSTO: LA BANCA MONDIALE RINGRAZIA E CONCEDE ALTRI SOLDI "A STROZZO"

THREE WORLD BANK AID PROGRAMS FOR SERBIA READY TO BE REALIZED. BELGRADE,
Aug 10 ( Beta) - Three World Bank aid programs for Serbia worth $18
million are ready to be signed but their implementation will start only
after they are ratified by the Yugoslav parliament, said these bank's
representatives in Belgrade.
The World Bank gave six million dollars for each of the following
programs: a program for developing private sector and small and
mediumsized enterprises and help for privatizing 27 companies, a program
for reconstruction of the banking sector and a program in the field of
energy, whic should make it posible to install the equipment in the
facilities of the Serbian Electricity Utility.
World Bank representatives say that the realization of these
programs cannot start before September because Yugoslav laws say that
contracts with the World Bank have to be ratified by the Yugoslav
parliament.
However, since these are donations and not loans, World Bank
representatives expect that the Yugoslav government suggests that such
arrangements should not be subject to ratification in the future.
World Bank representatives in Belgrade announced that an
agreement on a million dollars worth of donations for projects in
southern Serbia would be signed on Aug. 13 already.
The World Bank granted Yugoslavia development loans worth $120
million under IDA conditions. These conditions are most favorable
because they are interestfree and intended for the poorest countries.

DICEMBRE: LA JUGOSLAVIA SI INCHINA AGLI USURAI DI LONDRA

YUGOSLAVIA TAKES OVER ALL DEBTS TO LONDON CLUB OF CREDITORS
BELGRADE, Dec. 6 (Beta) - The special advisor to the governor of the
National Bank of Yugoslavia, Milan Zavadjil, on Dec. 6 said that
Yugoslavia would take over all financial obligations towards the
London Club of creditors, although the biggest debtors are the
four major state-run banks that are currently undergoing
the process of rehabilitation.
"These banks can hardly be expected to pay off these loans, which means
that their debt is an obligation of the state," Zavadjil said, adding
that it would be highly unlikely for the club to accept Yugoslav
commercial banks or their consortium as guarantors for the debt.
At a press conference of the G17 Institute, Zavadjil said that
Yugoslavia has regulated its foreign debt, excluding the one to the
London Club of creditors, amounting to US$2.3 billion, and some
non-guaranteed obligations by Yugoslav commercial banks.
"Because of our financial standing, we cannot pay off our debts to the
London Club of creditors under conditions worse than those arranged
with the Paris Club of creditors, not to mention that this would
jeopardize our deal with the Paris Club; its members would find it
difficult to justify the deal in their parliaments if we did not treat
all our creditors equally," Zavadjil said.