Bosnian Serb-dominated entity Republika Srpska's (RS) debt is not 5.8 billion marks (some €2.9 billion) but nearly 7 billion marks (approx. €3.5 billion), which is 70 percent of this entity's GDP, RS politician Jelena Trivic from the opposition Party of Democratic Progress (PDP) said, adding that this breaks the RS Law on the Debt.

“The Law on the Debt and Guarantees, the top debt limit should be 60 percent of the GDP, which means that the limit has been surpassed by far,” she said.

She added that investments into this entity, which amounted to some € 60 million are at the level of a statistical error.

“The share of investments in the RS’ DGP is about 15 percent, everything below 20 percent is catastrophic,” Trivic said, comparing the RS percentages to investments in surrounding countries – Albania 22 percent, Croatia 20 percent, Slovenia 21 percent.

In the end, she pointed out that the average net salary for June was 910 marks (some €450), despite the announced average salary of 1,000 marks (some €500), and that the 910 mark salary could only cover 50 percent of the June consumer basket.

After the 1992-1995 war in Bosnia, the country was subdivided into two entities the Serb-dominated RS and the Bosniak-Croat shared Federation of Bosnia and Herzegovine (FBiH).