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European Stocks Close Sharply Lower on Deficit Worries, Oil Pressure
InfoMoney·EU·2 days ago
Serbian state spending in September, attributed to President Vučić and Finance Minister Mali, produced a larger deficit than the cumulative deficit of the previous eight months. The claim, sourced from N1 Serbia, suggests fiscal slippage ahead of elections, but lacks official confirmation. This matters as it signals potential fiscal deterioration and political accountability issues in Serbia.