The shocking possibility is that EU funding amounting to €1.5bn could be lost to Bosnia if no agreement is reached between the political (ethnic) parties.
The following article is taken from today’s Dnevni Avaz:
If the 10th September this year, BiH does not reach agreement with the European Union (EU ) , it could lose the right to financial assistance in the amount and in excess of 1.5 billion KM , “Dnevni Avaz ” .
That day , however, is scheduled meeting of the Monitoring Committee of Union and Bosnia and Herzegovina , which will decide whether there will be continued implementation of projects from the EU Instrument for Pre-Accession Assistance (IPA ) in our country or those of the 2014th was to be abolished , confirmed unofficially for our paper source close to the EU .
Measures and activities
Provided that the projects sponsored by the Union of teaching is ” a clear political agreement on the measures and actions, including the approval of relevant projects ,” and an agreement on how to further implement the projects get the green light of the EU. The problem is that so far, everything went very hard and several projects had already been suspended .
– No one can call into question our commitment to helping BiH. We have seen it so many times so far proven . Here we have invested billions of marks. But we still have to have a secure mechanism to protect EU taxpayers’ money . Only if there is a clear agreement that will allow us in every moment of verifying on the ground to implement agreed , EU funds will continue to be available to Bosnia and Herzegovina – the attitude of the EU Delegation in the country.
IPA funds realized from the 2007th year . For BiH since 2007th to 2013th allocated more than 600 million.
For funds from the IPA 2 funds from the 2014th by 2020. , the amount of assistance for BiH is not yet specified . One reason for this is the fact that the money from the first package of IPA assistance is spent. That evil is Gode , the EU has in the past two months , due to the inability of the BiH authorities to agree , had to suspend projects worth about ten million.
– We are in the last five years has implemented more than 300 projects in BiH worth over 300 million euros. In the process of implementation is still more than a hundred projects. But now you face the danger not only to you and other planned projects suspension but you do not get anything out of the IPA second We no longer have neither the time nor the patience to wait that you agree . The global economic crisis and the money can not wait. If you do you will not, I will take it for a second – it was said , ” Avaz ” at the EU Delegation in BiH.
It was explained to us that in order for Bosnia and Herzegovina from the IPA 2 projects should be allocated at least 600 million euros. In addition, the IPA is not the only instrument of direct EU aid our country . With him , is currently being implemented and programs funds EIDHR ( European Instrument for Democracy and Human Rights) , IFS (Instrument for Stability ) . If BiH lose access to IPA funds, automatically loses and help from the other two funds.
An additional problem
To make matters does not come alone , indicated by the fact that it meant the suspension of aid to BiH from all other European institutions – the European Bank for Reconstruction and Development to the European Bank in Frankfurt. By default , the money that had been planned for Bosnia and Herzegovina from the World Bank and the International Monetary Fund , in the best case would be frozen until the situation in the country improves.
Taken together , the lack of IPA 2 funds grew to the loss that would be measured billion marks .
– We have repeatedly warned of the dangers of falling behind BiH to neighboring countries . While you’re fighting and you keep talking about something you do not, other countries in the region are working hard and introduce quality standards of the EU and thus attract potential investors and increase their economic growth. Blocking reforms not only political but also economic weight – stand out in the EU .
To show its effectiveness in the past in BiH , the EU Delegation to emphasize that the work on the reforms in our country to be realized in full or begin implementation of 700 projects.
– Of these, 300 completed projects in various segments of the economy and life. An additional 300 projects were approved , and another hundred in the final stage of approval. Disunity among politicians has led to the June and July we start to suspend the project , which is open to a very dangerous precedent . Time for a deal is running out , and our patience – warn the EU .