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The European Investment Fund (EIF) and Raiffeisen Bank d.d. Bosna i Hercegovina (RBBH) signed a guarantee agreement allowing the bank to increase its lending capacity to offer €12 million of new financing with improved terms and conditions to small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina. The EIF's guarantee to RBBH is provided under the COSME Loan Guarantee Facility, as part of its coronavirus economic support package.
“On July 11, we commemorate the 25th anniversary of the genocide in Srebrenica, one of the darkest chapters of modern European history. Our hearts and thoughts are with the victims of this tragic event, their families and their loved ones and all those whose lives have been affected. We honour the memory of those laid to rest and all those still missing.
We welcome today’s political agreement on the electoral law for Mostar between political leaders which would finally pave the way for the residents of Mostar to exercise their right to vote in the municipal elections after 12 years.
Today, the European Commission adopted a €20 million assistance package to support Bosnia and Herzegovina in managing migration flows. This brings the total of EU pre-accession assistance in this field to €50.2 million and comes in addition to the EU humanitarian aid of €10.3 million.
We welcome the appointment of the Council of Ministers of Bosnia and Herzegovina. After a year of political stalemate, this opens the way for renewed commitment of the political parties to allow for progress on the EU path of the country.
With winter approaching and thousands of migrants and refugees in Bosnia and Herzegovina living outside of adequate facilities, the European Commission has today announced an additional €2 million in humanitarian aid.
EU and Bosnia and Herzegovina’s authorities and experts held today a High-Level Meeting on Migration to discuss challenges of the increased presence of migrants and refugees poses to the country and to follow up to the priorities set in the Commission Opinion on Bosnia and Herzegovina’s application for EU membership.
Today we commemorate the genocide in Srebrenica. This was twenty four years ago; yet this tragedy still haunts us.
EU ministers of finance met in Brussels today with their counterparts from the Western Balkans and Turkey as part of the region’s annual economic and financial dialogue with the EU. The ministers agreed Joint Conclusions outlining the key economic challenges for the Western Balkans and Turkey, as well as targeted policy guidance addressing the most acute socio-economic reform needs the region has.
"I am very pleased to see the commitment of our partners in the Western Balkans and Turkey to implement important and sometimes difficult structural reforms. Without a functioning rule of law, deep public administration reform and a strengthened economic governance, sustainable growth will not happen. This is the only way to ensure more prosperous and inclusive economies", said Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations.
The European Commission adopted on 29 April 2019 a second special measure on supporting Bosnia and Herzegovina in managing migration flows for an amount of EUR 13 million. This new EU action will build on the results of the previous support measures through which the EU has provided EUR 9.7 million to help the country cope with the influx of migrants it has experienced since 2018. This action will be implemented by IOM in cooperation with the UNHCR and UNICEF.