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Western Powers Debate Bosnia’s Future

Representatives from the EU, the US, and Russia among others are meeting in Sarajevo, where they are expected to debate the international community’s future role in Bosnia and Herzegovina and confirm the country’s new top international envoy. The conference of the Peace Implementation Council started in the Bosnian capital on …

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Croatian Unions Threaten Lawsuits

Public service unions are likely to file a lawsuit challenging a decision by the Croatian government to adopt a law that will reduce the base salary for 180,000 public service employees by six percent. Instead of cancelling collective contracts with employees, the cabinet has decided to introduce a law that …

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Bank of Albania Alarmed Over Govt Expenditure

Albania’s central bank warned the government on Wednesday against increasing budget expenditure, as this could put the macroeconomic stability of the country at risk. The central bank called for a tighter fiscal policy saying the government has no room to offer further fiscal stimulus. “This is the maximum that the …

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