11 May 2021
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  • 12:50 How the coronavirus outbreak is transforming the insurance industry
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  • 09:15 Why the Balkans are known in the world

The results of the eighth general elections that were held in Bosnia and Herzegovina on Sunday are unlikely to ease the country’s political crisis. Milorad Dodik, a Bosnian Serb hardliner, has won a seat in the three-member presidency alongside Sefik Dzaferović and Željko Komšić. Dodik has already said his priority will be Serbs and Republika Srpska and that he will also push for the abolition of a High Representative in BiH. “I don’t care who the other two representatives in the presidency are. I am going there, to this presidency, to work above all and only for the interests of Serbs,” Dodik said. Komšić was a surprise winner for the Croatian seat in the presidency, winning more votes than Dragan Čović, the leader of the main Croat party in Bosnia, HDZ BiH, who also had the support of Andrej Plenković, Croatia’s prime minister. Plenković commented the election result was regrettable and bad news for Croats (in Bosnia) and for the country as a whole, reports klix.ba. “Again, thanks to the legal framework that exists in Bosnia and Herzegovina, members of one constituent people in the territory of the Federation elect a representative in the presidency for the other constituent people,” Plenković said, reports Hina. The newly elected Komšić, however, has said today in an interview with Croatia’s public broadcaster HRT that he plans to sue Croatia for having “twice violated the maritime law convention”. The dispute revolves around the construction of the Pelješac bridge which Bosnians argue cannot be built until the two countries’ resolve their outstanding sea border issues. Sefik Dzaferović, candidate of Bosniak’s main political party – SDA – will be the third member of the presidency and the biggest surprise in this election. A total of 518 positions were up for election. Besides the three seats in the presidency, 42 were for the state parliament, 98 were for the assembly of the Federation entity, 83 were for the assembly of the Republika Srpska and three were for the president and vice-presidents of Republika Srpska. The new president of Republika Srpska is Dodik’s party colleague Željka Cvijanović.

Slovenia’s largets bank NLB has published a notice on Ljubljana stock exchange on the publication of the registration document and the possible intention of listing the shares on the Ljubljana and London stock exchanges. The document is required under the new regulations of the LSE and its purpose is to ensure that informal or independent sellers are informed equally, who, in conjunction with the Deutsche Bank financial consultancy and other banks involved in the privatisation, could also market the shares of Nova Ljubljanska banks (NLB). The document states that in the first six months of 2018 NLB achieved EUR 104m of net profit and that its quotient of ordinary equity (CET1) on June 30, 2018 was 18.7%. Furthermore, it states that NLB is the largest banking and financial group in Slovenia with a 20.8% market share of loans to the non-banking sector and a 24.6% market share of deposits from the non-banking sector at the end of June 2018. The share of bad loans decreased in the process of bank thinning from 28.2% to 8.3%.

Adriatic Journal


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