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Unprepared Bosnia Starts Negotiations with IMF

Bosnia’s top western envoy has urged Bosnia’s Bosniak (Bosnian Muslim)-Croat dominated Federation to curb public spending in a bid to get urgent financial support from the International Monetary Fund, IMF. “The Federation of Bosnia and Herzegovina must bring its expenditures under control to ensure financial stability and meet IMF requirements. …

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Macedonian government vows to invest 8 billion euros in infrastructure

The government of Macedonia proposed an ambitious plan to invest 8 billion euros in the country’s infrastructure through 2016. Fresh off a commanding victory in the April 5th presidential and local runoff, the ruling VMRO-DPMNE-led coalition in Macedonia now has a chance to make good on its plan to invest …

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Serbia ready to forward stance on Kosovo to ICJ

Belgrade hopes that the International Court of Justice will rule that Kosovo’s unilateral declaration of independence violated international law, while officials in Pristina expect the court to rule in their favour. Serbia has finalised its argument against Kosovo’s independence and will forward it to the International Court of Justice (ICJ) …

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