Economic Crisis in the Balkans: The Ticking Bomb

SKOPJE, Macedonia — On July 1, in an unexpected move that shocked the entire nation, Croatian Prime Minister Ivo Sanader announced his resignation. Sanader blamed his departure “at least in part” on the politics of the European Union, which could not overcome the Slovenian veto on Croatia’s accession. Croatia was set to enter the EU by next year, but was blocked by Slovenia — already an EU member state — over an unresolved territorial dispute. But while the accession crisis has put pressure on Croatia, it may be only part of the story behind Sanader’s resignation. The country is in […]

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