18 July 2019
  • 10:50 Zagreb is always a good idea
  • 09:43 June Hot topics: Adria Airways in trouble; BiH bans cars older than 10 years; Serbia gets its first 5G base; Lower roaming costs in WB countries
  • 09:41 Top events in July
  • 11:46 Abanka sale completes privatisation of Slovenia’s largest banks
  • 09:44 MAY HOT TOPICS: EC delivers its latest report on progress in Balkans; Merkel supports Croatia’s bid to join Euro and Schengen; Serbia and Bosnia threaten retaliation against Kosovo tariffs; EU elections deliver (almost) expected results in Slovenia and Croatia; Uljanik starts bankruptcy proceedings

Heads of the leading political parties in BiH have met to discuss forming the new government almost five months after the elections. Leaders of the Croatian Democratic Union of Bosnia and Herzegovina Dragan Čović, Party of Democratic Action Bakir Izetbegović and Independent Social Democrat Union Milorad Dodik exchanged opinions, positions and plans for the future of the country. The meeting has been viewed as a significant improvement in Bosnian politics. “The talks have started, and I think that in the next two or three days, we will meet again”, said Dragan Čović, the Croat member of Bosnia’s tripartite Presidency. Dodik, the Serbian chairman of the Presidency, was less optimistic, saying that nothing specifically has been agreed yet. He pointed out that more than 400 people were employed in the institutions of BiH after the elections, which he regards as unacceptable. According to Izetbegović, the Bosniak member of the Presidency, “the meeting had no specific results, but a positive atmosphere suggests that an agreement could be reached in the coming days”.

Bank deposits increase in Croatia

Total amount of commercial banks’ deposits grew by 5.7% last year and reached the value of HRK 289bn. “We see annual growth of bank deposits continuously since 2015. The share of deposit money in total deposits has risen by 4.8% in just one year to 31.8%,” said an RBA analyst in a comment to Poslovni. “Projected economic trends, i.e. further growth of the economy, imply continued growth in total bank deposits. Considering the high liquidity of the financial system in 2019, we expect the continuation of low passive interest rates and increased likelihood of holding liquid assets such as deposit money”, he cocluded.

Final hurdle removed for Ikea in Slovenia

Ljubljana’s city council approved Ikea’s initiative to change the municipal spatial plan (OPN), today’s Delo reports. This decision enables the Swedish company to meet all the conditions for starting the construction of its store in the BTC City shopping center in Ljubljana, Ikea reports. The new plan has removed the problem of land expropriation and with it the condition that, in order to obtain a trade license, Ikea has to have an undisrupted public access road to its store. The public road will be built in two phases and will be completed after Ljubljana municipality acquires all the necessary land. “We are very satisfied with the decision on the initiative. We thank those responsible in the municipality for their efforts to overcome the challenges that we have faced. We are planning to apply for a building permit soon and begin the construction of the shop building as soon as possible,” said Vladislav Lalić, Regional Director for Real Estate and Development at Ikea SEE. Ikea plans to open its doors to its first customers in 2020.

Adriatic Journal

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