-  Second area of concern is action taken outside Serbia: Measures taken by some governments within the EU, and by the Brussels itself, have been only halfmeasures. They were not targeted enough and it will take quite a while before they kick in. Hence, it is very difficult for us in Serbia to take any measures that would complement those taken abroad!
The reform momentum is waning due to lack of agreement on specific issues especially when national political pressures trump a global consensus. These delays are adding to regulatory uncertainty and weigh heavily on the financial sector.