The European Bank for Reconstruction and Development and the World Bank have warned the government of Republika Srpska, one of the two entities in Bosnia and Herzegovina, that financial support for the entity will be withdrawn.
Serbian economist Svetlana Senek stated that such a step is expected after the political insecurity in the entity and the threats of division, and she reminded that the European Union had previously warned the Republika Srpska authorities.
While much of the European Union continues its struggle to “punish” Milorad Dodik and his associates for their separatist behaviour, Hungary is at the forefront of countries showing the strongest resistance to sanctions.
Bosnia and Herzegovina recently received 303 million euros of European funds for various projects, but Republika Srpska has not benefited from these funds.
In the statement made by the EU delegation, it was stated that the reason for this was that the Republika Srpska government was not well prepared for the projects it wanted to realize, while many described this situation as a punishment.
source: Balkan News
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