Sarajevo – The European Commission has halted projects for Bosnia and Herzegovina worth €50 million, until Sarajevo cancels or refunds taxes on grants and donations.

 European markets opened lower on Monday, adding to sell-offs that raced across Asia, including a near-13 percent plunge of Hong Kong’s Hang Seng, as investors sold amid deepening fears of a global recession.

After the killing of journalist Ivo Pukanic, the question being asked in Croatia is whether organized crime has won its battle with the state, or will this be an opportunity for institutions to start fully working, as they did in a few quickly resolved cases this week?