Belgrade has to balance its EU accession dream with voters' anger at Pristina's seizure of the mining and metals complex.
Serbian officials claim decision to take giant mining complex under direct control of Kosovan government is illegal.
A series of successful large-scale investments in the consumer sector have raised interest in Southeast Europe among private equity. However, potentially attractive privatisations deals within the region have so far proved elusive.
Serbian officials fear handover of telecoms infrastructure to Pristina will set precedent for giant Trepca mining complex and other assets.
RZB and RBI said in May that they were examining a merger as a way of reinforcing their capital buffers in the face of tougher regulatory requirements following the global financial crisis.
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