The Bosnian Federation government, half of Bosnia-Herzegovina’s dual ruling powers, called for early elections after hundreds of people were hurt in protests in the ex-Yugoslav republic’s worst violence since 1995.
Europe’s sovereign-debt crisis has shown that blindly following austerity prescriptions leads to failure, said the premier of Croatia, the former Yugoslav republic that joins the European Union on July 1.
Croatia should resist rushing to adopt the euro after it joins the European Union as a feud over bailouts dims the currency’s appeal, said the head of the party that leads opinion polls before the December elections.
Croatia and Slovenia completed a panel of legal experts to work out a resolution to a border dispute between the two former Yugoslav republics and help Slovenia to ratify Croatia’s European Union membership.
Croatia’s new Prime Minister Zoran Milanovic proposed his Cabinet to lawmakers, vowing to boost economic growth and curb rising state debt as the country prepares for European Union membership in 2013.
Croatia’s budget deficit will widen past the European Union’s ceiling this year and next as slow growth and rising borrowing costs hamper efforts by the bloc’s newest member to consolidate its public finances.
Croatia’s national-security chief, Petar Misevic, has been dismissed by Prime Minister Zoran Milanovic and President Ivo Josipovic amid media reports of illegal call-monitoring of officials and businessmen.