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Dec 4, 2012

Bosnia’s two regions adopt 2013 budgets to get IMF cash

SARAJEVO (Reuters) – Bosnia’s two autonomous regions rushed through their 2013 budgets on Tuesday to meet a deadline set by the International Monetary Fund (IMF) for the release of new funds.

The Bosniak-Croat Federation and the Serb Republic badly need the extra IMF cash, agreed under a two-year loan deal, to finance holes in their budgets and to manage rising debts.

Nov 28, 2012

Bosnia may lose IMF cash over regional government row – official

SARAJEVO (Reuters) – An opposition boycott of one of Bosnia’s regional governments may hurt the country’s relationship with the IMF and leave public servants unpaid, the Bosniak-Croat federation prime minister warned on Wednesday.

Nermin Niksic said that he decided to use his authority and send a draft budget proposal for 2013 to the parliament even though it has not been confirmed by the government.

Nov 27, 2012

Lack of reform progress delays Bosnia’s EU bid: Fuele

SARAJEVO (Reuters) – The failure of Bosnia’s political leaders to make progress on reforms sought by the European Union will further delay the Balkan country’s application for the membership of the bloc, the EU enlargement chief said on Tuesday.

Bosnia has planned to apply for the membership of the 27-nation bloc this year but bickering among its ethnic Bosniak (Bosnian Muslim), Serb and Croat leaders has repeatedly stalled reforms since 2008, when the country signed its association contract with the EU.

Nov 22, 2012

Macedonia c.bank sees zero growth this year-governor

SARAJEVO, Nov 22 (Reuters) – Macedonia’s central bank has
cut its 2012 economic growth forecast to zero from 2.4 percent
because of the euro zone crisis but sees growth of 2.6 percent
in 2013, its governor said on Thursday.

“The decline this year has been mainly influenced by the
European crisis and recession,” central bank chief Dimitar Bogov
told Reuters on the sidelines of a financial conference.

Nov 9, 2012

CORRECTED (OFFICIAL)-INTERVIEW-World Bank warns about debt levels, slump in W.Balkans

SARAJEVO, Nov 6 (Reuters) – The Western Balkans is facing a
double-dip recession this year led by a 1.5 percent contraction
in Serbia, and recovery in 2013 will be “very slow”, the World
Bank warned on Tuesday.

Its regional coordinator also said that debt in some
countries was too high.

“I would say that debt in Montenegro, Serbia and Albania is
at very dangerous levels, particularly in Albania at 60 percent
(of GDP) but it’s increasing very rapidly in Serbia and
Montenegro,” Jane Armitage, World Bank coordinator for the
Western Balkans, told Reuters in an interview.

Nov 8, 2012

IMF deal bars Bosnia cbank law change -cbanker

SARAJEVO, Nov 8 (Reuters) – The terms of a loan deal with
the International Monetary Fund (IMF) do not allow for changes
to the law on Bosnia’s central bank proposed by top politicians,
the central bank governor told Reuters on Thursday.

Leaders of Bosnia’s two main political parties proposed last
week to amend the legislation so as to allow commercial banks to
include state securities in the mandatory reserves kept with the
central bank.

Nov 6, 2012

World Bank warns about debt levels, slump in Western Balkans

SARAJEVO (Reuters) – The Western Balkans is facing a double-dip recession this year led by a 2.5 percent contraction in Serbia, and recovery in 2013 will be “very slow”, the World Bank warned on Tuesday.

Its regional coordinator also said that debt in some countries was too high.

“I would say that debt in Montenegro, Serbia and Albania is at very dangerous levels, particularly in Albania at 60 percent (of GDP) but it’s increasing very rapidly in Serbia and Montenegro,” Jane Armitage, World Bank coordinator for the Western Balkans, told Reuters in an interview.

Nov 6, 2012

World Bank warns about debt levels, slump in W.Balkans

SARAJEVO, Nov 6 (Reuters) – The Western Balkans is facing a
double-dip recession this year led by a 2.5 percent contraction
in Serbia, and recovery in 2013 will be “very slow”, the World
Bank warned on Tuesday.

Its regional coordinator also said that debt in some
countries was too high.

“I would say that debt in Montenegro, Serbia and Albania is
at very dangerous levels, particularly in Albania at 60 percent
(of GDP) but it’s increasing very rapidly in Serbia and
Montenegro,” Jane Armitage, World Bank coordinator for the
Western Balkans, told Reuters in an interview.

Oct 23, 2012

Bosnian leader compares Serbian president to Karadzic

SARAJEVO (Reuters) – Bosnian leader Bakir Izetbegovic hit out at Serbia’s nationalist president on Tuesday, comparing him to genocide suspect Radovan Karadzic after he told a television interviewer that Bosnia was “disappearing before our eyes.”

Izetbegovic, the Muslim chairman of Bosnia’s tripartite presidency, said he would pull out of a planned first meeting next month with Serbian President Tomislav Nikolic and warned of “irreparable damage” to regional relations.

Oct 12, 2012

Srebrenica love story stirs hope for Bosnia

SREBRENICA, Bosnia (Reuters) – To an outsider, there may be nothing strange in the love story between Almir Salihovic and Dusica Rendulic: boy meets girl, they fall in love, live together and have a child.

But he is Muslim and she is Serb and they are the first mixed couple in Srebrenica since Serb forces slaughtered around 8,000 Muslim men and boys in the overwhelmingly Muslim Bosnian town in 1995, Europe’s worst atrocity since World War Two.

    • About Daria

      "As the main Reuters correspondent from Bosnia based in Sarajevo, I am reporting, writing and editing copy on political and economic news from the least stable country in the Balkans, and also managing a stringer in Bosnia's Serb region. Taking part in stories from the region, including travel and coverage of conferences and events when needed. Begun in Reuters in 1997 as an editorial assistant and then reporter."
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