World Bulletin / News Desk
The worst floods to hit the Balkans in 120 years have cost Bosnia and Herzegovina 26.8mn euro (US$36.3mn) in damages, the country's transport minister told the Anadolu Agency on Tuesday.
Enver Bijedic said that the floods caused massive damage to the country's infrastructure, surpassing the government's budget.
So far, around 521,000 euros have been spent on emergency clear-up and repair work officials have said, adding that an additional 1.6 mn euro is required to finish the job.
Overall, more than EUR 20 million is needed to repair highways, railways, underground cables, power poles and canals, according to analysts.
On May 28, the European Union announced an aid package worth 65 billion euro for Bosnia-Herzegovina and Serbia to help them cope with the aftermath of the disaster.
The EU Commission said the sum would be divided into two and the first part – worth 3 million euro – would be released immediately for communities worst-hit in both countries.
The rest of the aid would be made available by the end of June for longer-term relief and recovery.
The 28-member bloc said it would also dispatch funding for long-term reconstruction over the next six years, with the scope and amount to be decided in the coming weeks.
Alex Tsipras, leader of the left-wing Syriza party will meet with Sisi, on a visit to Egypt on Thursday for the official opening of the Suez Canal.
Russia's Foreign Ministry confirmed Tuesday that it had submitted a bid for vast Arctic territories that could contain large quantities of oil and gas to the United Nations.
Colonel General Vladimir Shamanov's comments come after Washington announced air cover for US-trained rebels in Syria
Juncker has warned the EU to not be influenced by "populist" theories of refugees and to not turn them away.
Three energy companies region all denied that any of their operations were the source of the mysterious oil sheen.
Corruption is seen as one of the biggest obstacles to moving forward in the economy.
Judge throws out longstanding case against Julius Malema after prosecutors request yet another postponement
An Israeli police officer was shielded by Palestinian men after rocks were thrown at them in the West Bank.
A suspicious package left at the university is being investigated by Norweigan police.
Nigerian militant group sabotages gas pipeline, halting production at Benin’s only power plant, president says
Palestinian Economy Ministry says tainted products came from nearby Jewish settlements
Abuja-based NGO says ‘some members’ of Boko Haram have asked it to mediate ‘comprehensive’ talks with the government
Italy says monetary fund needed to prevent members from crashing out of eurozone
About twenty people were also kidnapped by suspected Boko Haram men
According to International Organization for Migration, the death toll so far in 2015 has reconfirmed the Mediterranean route to reach Europe as deadliest
Ukrainian President called for National Security and Defense Council of Ukraine emergency session