Yugoslavia News
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Austria’s two largest lenders signaled they’re opposed to supporting a “bad bank” for unprofitable assets of nationalized lender Hypo Alpe-Adria-Bank International AG.
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Austria’s central bank said Hypo Alpe-Adria-Bank International AG will likely avoid a 16 billion- euro ($21 billion) insolvency as policy makers negotiate with the European Commission over the nationalized lender.
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Under shellfire on Christmas Eve 1991, 13-year-old Maja Biloglav fled Zadar by boat at night, sent away by her parents as the Yugoslav army surrounded the Adriatic town following Croatia’s declaration of independence.
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Serbia’s government will hold talks with leaders of a majority-Serb area in northern Kosovo to implement a deal normalizing the country’s relationship with its former province, Prime Minister Ivica Dacic said.
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Assistant U.S. Attorney Aloke Chakravarty surveyed a Boston courtroom packed with supporters of a Massachusetts man convicted of providing material support to terrorists and conspiring to commit murder in a foreign country.
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Serbian President Tomislav Nikolic apologized for all crimes committed by Serbs during the violent breakup of former Yugoslavia, including the massacre in Srebrenica, which he stopped short of calling a genocide.
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Austria is reconsidering plans to establish a separate “bad bank” to wind down delinquent loans at nationalized lender Hypo Alpe-Adria-Bank International AG, a move that could add to the nation’s debt.
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A date for Serbia to begin talks on joining the European Union is “within reach” if it starts implementing an accord with Kosovo, improves the judiciary and increases the fight against corruption, Enlargement Commissioner Stefan Fule said.
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There’s little evidence of Slovenia’s communist past, save for a few statues of former Balkan strongman Josip Broz Tito. And its banking industry.
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Serbia’s government formally backed an April 19 agreement with Kosovo, paving the way for better ties with the breakaway province that could win Serbia a date for starting European Union membership talks.
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