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FarCenter

(19,429 posts)
Sat Feb 8, 2014, 11:56 PM Feb 2014

Bosnian protesters storm govt buildings as unrest spreads

Bosnian protesters set ablaze local government buildings in three Bosnian cities on Friday as fury over unemployment and rampant corruption spread across the country in a third day of unrest.

...

The protests began with clashes between police and the unpaid workers of four formerly state-owned companies, which left some some 130 hurt, mostly from teargas.

The four companies employed most of the population of Tuzla. When they were privatised, contracts obliged the new owners to invest in them and make them profitable but they sold the assets instead, stopped paying workers and filed for bankruptcy.

The privatisation that followed the end of communism and the 1992-1995 Bosnian war produced a handful of tycoons, but almost wiped out the middle class and sent the working class into poverty.

Corruption remains widespread and the high taxes that fund a bloated public sector continue to eat away at paychecks.

http://www.france24.com/en/20140207-bosnian-protesters-storm-tuzla-government-economy-unemployment/

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