Serbia's state railway faces five-year account freeze, losses top 55B dinars

Serbia's State Audit Institution reports that Železnica Srbije's accounts have been blocked for five years, with losses exceeding 55 billion dinars. The audit of 2025 financial statements reveals severe financial distress at the state railway operator, indicating prolonged mismanagement and potential operational paralysis. This raises concerns about the reliability of Serbia's rail infrastructure and the fiscal burden on the state.

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