Vjekoslav Bevanda

High Representative Christian Schmidt, who oversees the civilian implementation of the peace deal that ended the Bosnian war, imposed a decision on Tuesday to allocate funds for country's October elections, putting an end to weeks of failed attempts to ensure an adequate budget to hold the polls.

Bosnian people wait in line to vote for the country's general elections in Sarajevo, Bosnia and Herzegovina, 12 October 2014. Photo: EPA/FEHIM DEMIR

Over a month after the Central Election Commission of Bosnia and Herzegovina announced that a general election will be held in October, it announced on Monday that it has managed to borrow the money needed for the process.

A European Commissioner on a visit to Bosnia on Friday called for all parts of the country to share the burden of migration equally - in an implicit dig at Bosnia's Serb-led entity, which has refused to host migrant camps.

Bosnia and Herzegovina on Dec. 23 formed a new government 14 months after general elections in October 2018.

Receiving a vote of confidence in the House of Representatives, the new government was formed by the country's largest Bosniak, Serb and Croat parties, who agreed to form the government last month.

The Russian finance ministry has told its counterpart in Bosnia that Moscow will transfer $125 million to Sarajevo to cover so-called 'clearing debt' of the former Soviet Union, the Bosnian finance ministry said on Tuesday.

The clearing debt was debt that the Soviet Union accumulated to the former Yugoslavia from the trade of goods.

Thousands of jobs in Bosnia, where unemployment is already high, may be in jeopardy owing to continued uncertainly over the future of Croatian biggest private company, Agrokor, which is stuggling with debt and liquidity issues.

BELGRADE - The countries of the region should be more united to be of interest to investors from China and other countries and to use the EUR 10 billion that China plans to set aside for investment in the countries of the eastern and central Europe the best they can, Chairman of the Bosnia-Herzegovina (BiH) Council of Ministers Vjekoslav Bevanda said in Belgrade Tuesday.

Bosnia Prime Minister Vjekoslav Bevanda opened a new stretch of Bosnia's Corridor 5c highway, runing from the southern Catholic pilgrimage town of Medjugorje to the border crossing at Bijaca with Croatia opened on Tuesday.

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Aleksandar Vucic, Serbia's Prime Minister, has the lowest salary and least properties out of all the leaders of the Western Balkan region.

In his property report, Vucic revealed that he receives a monthly salary of only €1,000 and owns 30m2 apartment. He does not own a car, or have any savings, apparently.

Romania expects record wheat harvest