Republika Srpska entity borrowing €350 million at London Stock Exchange to cover deficit
Republika Srpska (RS), one of two BiH entities, is borrowing €350 million at the London Stock Exchange to cover its budget deficit, but critics say the process is not transparent and may be too expensive. RS Prime Minister Radovan Visković, from the party led by Milorad Dodik, Serb member of the BiH Presidency, said the issuance of RS securities does not represent any additional debt but is regularly planned by the budget. “Serbia and Montenegro are doing the same. And the rest of the normal world. Everything is public, everything is transparent,” Visković said. The budget of Rep...
Source: euractiv.com