World Bank adds USD 32m to energy sector funds in BiHAdriatic Journal 5 November 2018
The World Bank funds the energy sector in Bosnia and Herzegovina with an additional 32 million dollars, reports IBNA. To increase energy efficiency and improve the quality of life, Bosnia-Herzegovina started a new era with the World Bank partnership. The World Bank has been supporting the country since 2014 with a view to shaping the framework that will stimulate investment and create the right environment for best practice. Bosnia and Herzegovina is one of the most energy-consuming countries in Europe, with the biggest losses due to insufficient infrastructure, which degrades the daily routine of its citizens.
The 5th Quadrilateral Summit of Greece, Bulgaria, Romania and Serbia was concluded in Varna on Friday 2 November, hosted by Bulgarian Prime Minister Boyko Borissov at the royal summer palace of Euxinograd. The four leaders Aleksandar Vučić, Alexis Tsipras, Boyko Borissov and Viorica Dăncilă have certified the institutional framework of the four-way co-operation that, with its dynamics, promotes security, co-operation, and strengthens confidence in the wider region, IBNA reports. Transport interconnection through a ring road and rail lines linking all the Balkan countries together and ending in the ports of Greece and Bulgaria topped talks.