Tag Archives: Serbia

Postscript on Belgrade

The (once?) famous b92 station and Christen Farmer‘s b92 blog “Grumpy in Belgrade” (also published as a book). Nicola Tesla museum and airportCorruption measures compiled by Transparency International. Euro Money country risk assessmentSaint Sava’s Temple, “Belgrade’s Sagrada Família.” Property market and country assessment by Global Property Guide.

National Bank of Serbia

The NBS occupies a beautiful 19th century residence with a visitors’ center in Belgrade’s city center as well as a large modern complex nearby.

In 1875, the first Dinar was minted. After Serbia’s independence in 1878, the country joined the Latin Monetary Union and Dinar and Franc could be exchanged at parity. In 1884, the Privileged National Bank of the Kingdom of Serbia was established. A businessman contributed to the capital of the Bank and served as governor. The National Bank continued to operate as the Kingdom of Serbia turned into the Kingdom of Serbs, Croats and Slovenes (1918); the union of South Slav states; Yugoslavia; and the Republic of Serbia (Videos).


The Serbian language uses both the Cyrillic and the Latin alphabet; it’s the only European standard language with complete synchronic digraphia.

The Serbian economy continues to suffer from the sanctions imposed in the 1990s and it also suffers from very severe brain drain. Between 2009 and 2014, the public debt quota grew from 30% to more than 60%; inflation has fluctuated between up to 14% and, recently, below 2%; and the interest rate still exceeds 7% (source). The Dinar has depreciated against the EUR at a rate of roughly 4% per year over the last five years (source). Household debt is mostly denominated in EUR or USD.