Finance Minister: State will help Air Serbia

Finance Minister: State will help Air Serbia

Finance Minister: State will help Air Serbia Izvor: TANJUG/ DRAGAN KUJUNDZIC

Air Serbia is a company of national interest and the state will help it settle its debts, Finance Minister Sinisa Mali said in an interview with Politika.

N1 had obtained documents which showed that Air Serbia asked its strategic partner Etihad to write off a debt of 120 million Dollars. The request was refused.

Mali said that all airlines across the world are in a very difficult situation and reminded that the European Union has adopted new rules related to state aid which enable the state to help in terms of economic liquidity to companies for which the pandemic caused business difficulties.

"Negotiations are underway with creditors whose details I cannot reveal, but what I can say is that we will certainly help Air Serbia. Together with our partners from the Etihad, we are working on solving the problem," said Mali when asked who will pay Air Serbia’s loan of 56,5 million dollars in September after the company informed the creditor that it could not settle the debt.

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