Balkans

Bosnia Hopeful over IMF Deal

Bosnia and Herzegovina is hopeful that a compromise has been reached with the International Monetary Fund, IMF, which would allow this financial institution to activate a Euro 1.2 billion stand-by arrangement for the country. “The IMF is finally satisfied,” reads a front page article in the Sarajevo daily Oslobodjenje on …

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Albania’s election heads for deadlock

Albania’s general election appeared headed for deadlock on Wednesday, with both the governing right-of-centre Democratic party and the opposition Socialists unable to win an outright majority in the 140-seat parliament. A long drawn-out counting process after Sunday’s vote went into its fourth day on Wednesday amid mounting tension over possible …

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