The consequent defaults, in such cases are intentional, deliberate and calculated and hence willful. It is this set of promoters that need to be singled out and quickly brought to justice. 2  BIS central bankers’ speeches  d)  Banks’ failings  It is not corporates alone that caused pain in the system.
The creators of our central bank law wanted to “Bring Europe to Serbia”, by changing – or, as we would say it today – by harmonizing our legislation with Europe’s.