(20 Oct 2008)
1. Wide of news conference
2. SOUNDBITE: (Serbian) Mirko Cvetkovic, Serbian Prime Minister:
"According to the European Commission's recommendation, the Serbian government decided to increase the bank deposit guarantee from 3,000 euros to 50,000 euros. In years to come, depending on the recommendations, the Serbian government will increase the bank deposit guarantee to 100,000 euros."
3. Pan news conference
STORYLINE:
Serbia's prime minister said on Monday that his government would increase the bank deposit guarantee to 50,000 euros (67,120 US dollars), in line with the European Union's action amid the global financial crisis.
Meanwhile, Montenegro's Prime Minister Milo Djukanovic said his government would guarantee all bank deposits.
Before Monday's announcements, both Balkan countries guaranteed bank deposits of up to 3,000 euro (4,000 US dollars).
Serbian Prime Minister Mirko Cvetkovic said his country's banking system wasn't at risk from the global financial crisis in the short term, although the government and the central bank would take rescue measures if problems occurred.
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