SARAJEVO (Reuters) – The International Monetary Fund (IMF) will unfreeze installments of its standby loan deal for Bosnia this month after the national parliament passed key laws on Friday, the IMF Resident Representative for the Balkan country told Reuters.
The parliament’s upper house approved laws raising excise taxes on fine-cut tobacco and against money laundering and financing of terrorism, required by the lender.
SARAJEVO (Reuters) – The International Monetary Fund is ready to double funding for Bosnia under its standby loan deal to help it cope with the effects of the worst flooding in living memory, an IMF official said on Friday.
The lender completed a 10-day visit to Bosnia on Friday to discuss further disbursements under its 380 million euro standby arrangement that was frozen in February after economic reforms stalled, as well as the damage inflicted by the recent flooding.
SARAJEVO (Reuters) – Devastating floods in the Balkans this month mean economic growth in the region will be lower than forecast this year and power supplies could be disrupted for at least six months, the World Bank said on Monday.
More than 50 people were killed by flooding and landslides in Serbia, Bosnia and Croatia after the heaviest rainfall in more than a century caused rivers to burst their banks, sweeping away roads, bridges and homes.
BELGRADE/SARAJEVO, May 22 (Reuters) – Serbia’s agriculture
ministry appealed for chlorine bleach, quicklime and
disinfectant on Thursday to stem the risk of disease after the
worst floods to hit the Balkans in living memory.
The regional death toll ticked up to 50, and may rise
further given a list of missing in Serbia that runs into the
MAGLAJ, Bosnia/BELGRADE, May 20 (Reuters) – When the waters
receded, hundreds of employees at the paper and pulp factory in
the Bosnian town of Maglaj turned up for work. Armed with
shovels, they began to clear the mud that caked the Natron Hayat
mill, where machinery had sat for days submerged under three
metres of water.
The factory was wrecked, and barely a house in the town
around it was left untouched by the worst floods to hit the
Balkans in living memory.
MAGLAJ Bosnia/KRUPANJ Serbia (Reuters) – Bosnia said on Monday that more than a quarter of its 4 million people had been affected by the worst floods to hit the Balkans in living memory, comparing the “terrifying” destruction to that of the country’s 1992-95 war.
The extent of the devastation became apparent in Serbia too, as waters receded in some of the worst-hit areas to reveal homes toppled or submerged in mud, trees felled and villages strewn with the rotting corpses of livestock.
MAGLAJ Bosnia/KRUPANJ Serbia (Reuters) – More than a quarter of Bosnia’s four million people have been affected by the worst floods to hit the Balkans in more than a century, the government said on Monday, warning of “terrifying” destruction comparable to the country’s 1992-95 war.
The floods extended across Serbia and Bosnia, where receding waters in some of the worst-hit areas are now revealing the extent of the devastation. Homes have been toppled or submerged in mud, trees felled and villages strewn with the rotting corpses of livestock.
OBRENOVAC, Serbia/MAGLAJ, Bosnia, May 19 (Reuters) -
C ommunities in Serbia and Bosnia battled to protect towns and
power plants on Monday from rising flood waters and landslides
that have devastated swathes of both countries and killed dozens
Receding waters in some of the areas worst-hit by the
heaviest rainfall in the Balkans since records began 120 years
ago revealed scenes of devastation – twisted homes, fallen trees
and rotting animals.
SARAJEVO/BELGRADE (Reuters) – The heaviest rains and floods in 120 years have hit Bosnia and Serbia, killing five people, forcing hundreds out of their homes and cutting off entire towns.
The five casualties, one of them a firefighter on a rescue mission, drowned in Serbia. Bosnia and Serbia declared a state of emergency, while the Serbian Orthodox church said it would hold special prayers in Belgrade for the rain to stop.
SARAJEVO/BELGRADE (Reuters) – The heaviest rains and floods in the past 120 years hit Bosnia and Serbia this week, killing three people, cutting off electricity and leaving several towns and villages isolated.
The three casualties, one of them a firefighter on a rescue mission, drowned in Serbia. The country declared a state of emergency in 18 towns and cities, including the capital, Belgrade.