Indeed, government has announced an ambitious goal of 100% reliance on renewables for energy generation by 2030. It is ambitious because at present only an estimated 4% to 6% of our energy needs are being met by renewables. It is ambitious because the transition requires significant investments.
Relaxation of policy with regard to capital requirements, loan loss provisioning, etc. All of the above measures will help maintain stability of the banking sector, but the greatest challenge facing Serbia and the region as a whole over the next several months will be finding ways to persuade banks to extend more credit.