BOSNIA-ECONOMY-SOCIAL-POVERTY-UNEMPLOYEMENT-STRIKE
A picture taken on January 24, 2018, in Zenica, shows Zenica Ironworks (Zeljezara Zenica) industry, wich has been partially privatised.
After Bosnia's war in the 1990s, business gradually went downhill like at many state-run firms hit by both the transition to a market economy for which they were not equipped, and mismanagement. According to trade unions, between 50,000 and 65,000 former or current employees of mostly state companies, such as hospitals, mines or public transport, will not get their pension, as the companies had not been paying into the state pension fund. Tax authorities estimate that unpaid social contributions amount to almost two billion euros, or half of Bosnia's annual national budget. / AFP PHOTO / ELVIS BARUKCIC (Photo credit should read ELVIS BARUKCIC/AFP via Getty Images)
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February 06, 2018
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