ECONOMY

Muslim deputies unblock sale of Bosnia telecom

BANJA LUKA (Reuters) – The Muslim deputies in the Serb Republic’s Parliament lifted their veto yesterday on the sale of Bosnia’s second-largest telecoms operator Telekom Srpske, clearing the way for its sale this year. The government had planned to publish soon an international tender for the sale of a 65 percent stake in Telekom Srpske for no less than 400 million euros ($504.7 million), but the Muslim caucus in the veto-wielding Council of Peoples blocked the sale. They had said the government’s privatization plan, approved by the Parliament earlier this month, discriminated against the Muslim employees who were forced to leave their jobs in the company during and after the 1992-95 war.

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