Serbia is not at war, the Serbian government claims, but the fact remains that it had entered this non-existent war with “ill” finances There are several ways of financing a war, but no small nation has yet found a way to pay for its war expenditures from current tax revenues, or to transfer them to […]

You have reached a premium content area of TOL. To read this entire article please login if you are already a TOL subscriber.

Not a subscriber?

Subscribe today for access to:
Full access to the website, including premium articles videos, country reports and searchable archives (containing over 25,000 articles).

You can subscribe here to gain access to the entire website.