COMMITTEE of MINISTERS of EUROPE DE L'europe Committee of Ministers SECRÉTARIAT DU COMITE DES MINISTRES Comité Des Ministres

Total Page:16

File Type:pdf, Size:1020Kb

COMMITTEE of MINISTERS of EUROPE DE L'europe Committee of Ministers SECRÉTARIAT DU COMITE DES MINISTRES Comité Des Ministres SECRETARIAT GENERAL COUNCIL CONSEIL SECRETARIAT OF THE COMMITTEE OF MINISTERS OF EUROPE DE L'EUROPE Committee of Ministers SECRÉTARIAT DU COMITE DES MINISTRES Comité des Ministres Contact: Simon Palmer Tel: 03.88.41.26.12 Date: 27/04/2010 DH - DD(2010)224 Item reference: Communication from an NGO in the case of Suljagic against Bosnia and Herzegovina (Application No. 27912/02) and response of the Government. Information made available under Rule 9.3 of the Rules of the Committee of Ministers for the supervision of the execution of judgments. Référence du point Communication : par une ONG dans l'affaire Suljagic contre Bosnie-Herzégovine (Requête n° 27912/02) et observations du gouvernement (anglais uniquement). Informations mises à disposition en vertu de la Règle 9.3 des Règles du Comité des Ministres pour la surveillance de l’exécution des arrêts. This document will be declassified after the 1086th DH meeting, in accordance with Rule 8 (Access to information) of the rules of the Committee of Ministers for the supervision of the execution of judgments and of the terms of friendly settlements. Ce document sera déclassifié à l’issue de la 1086e réunion DH conformément à la règle 8 (Accès aux informations) des Règles du Comité des Ministres pour la surveillance de l'exécution des arrêts et des termes des règlements amiables In the application of Article 21 b of the rules of procedure of the Committee of Ministers, it is understood that distribution of documents at the request of a Representative shall be under the sole responsibility of the said Representative, without prejudice to the legal or political position of the Committee of Ministers (CM/Del/Dec(2001 )772/1.4). / Dans le cadre de (application de l'article 21 b du Règlement intérieur du Comité des Ministres, il est entendu que la distribution de documents à la demande d'un représentant se fait sous la seule responsabilité dudit représentant, sans préjuger de la position juridique ou politique du Comité des Ministres CM/Del/Dec(2001 )772/1.4). ASSOCIATION FOR PROTECTION OF PRE-WAR HARD CURRENCY SAVINGS DEPOSITORS IN BOSNIA AND HERZEGOVINA Council of Europe Committee of Ministres Avenue de l'Europe COMITE DES MINISTRES F-67075 Strasbourg Cedex D G - H L FRANCE 2 9 JAN. 2010 ENREGISTRE N ' ' j - 1 FEV. 2010 Transmis le Sarajevo, January 27,2010 i SERVICE DE L’EXECUTION D E S A R R E T S DE LA C FD H Re: Execution of the Judgment of the European Court of Human Rights in the case of Suljagic v. Bosnia and Herzegovina AP No: 27912/02 The depositors from Bosnia and Herzegovina hereby extend their satisfaction over the fact that European Court oi Human Rights found Bosnia and Herzegovina systematically violating their rights, and declaring the Suljagic Judgment as pilot-judgment to provide for the speediest and most effective resolution of a dysfunction in the national legal order. Pursuant to the Rule 9 of the “Rules o f the Committee o f Ministers for the supervision of the execution of judgments and of the terms of friendly settlements“, the Association for protection of hard currency depositors in Bosnia arid Herzegovina - a non-governmental organization involved in the above-mentioned case as a third party, would hereby like to identify the problems the depositors are facing and the ways to resolve them. The laws of the Federation of Bosnia and Herzegovina, Republic of Srpska and Brco District, disputed the right of the depositors to enjoy their property and the right to court protection! 1 his was also established by the Human Rights Chamber in Bosnia and Herzegovina. By the (Chamber's decisions made between 2000 and 2003, Bosnia and Herzegovina was found responsible for failing to take any step whatsoever to protect the depositors. The Constitutional Court of Bosnia and Herzegovina found in 2005 that the responsibility for the violation oi the depositors’ right to their property rests upon the state of Bosnia and Herzegovina, and annulled the Entities’ and Brcko District’s laws turning the pre-war savings into public debt of aforesaid legal entities and ordered the Parliamentary Assembly of Bosnia and Herzegovina to pass the law to protect the rights of the depositors. (Decision U 14/05 of December 2, 2005) Decision of the Constitutional Court of BiH is binding and failure to execute it implies criminal liability. Parliamentary Assembly oi BiH passed the Law of settlement of the liabilities related to pre­ war hard currency savings “Official Journal of BiH 28/06 of April 14. 2006" (hereinafter referred to as State Law). By this State Law, Bosnia and Herzegovina has undertaken the responsibility for the settlement of the liabilities related to pre-war hard currency savings (Article 1, paragraph 1 of the State Law). It offered the depositors to repay their funds on behalf of the banks, as per terms and conditions defined under the State Law, namely 1000 KM (convertible marks) in cash, and the remaining sum in bonds (Article 18 and Article 21 of the State Law). The funds needed to settle the Habilites of Bosnia and Herzegovina undertaken in such a way, shall be provided by the Federation of Bosnia and Herzegovina, Republic of Srpska and Brcko District (Article 1, paragraph 2 of the State Law) scheduled according to the seat of the bank, or branch office of the bank the hard currency account was opened at. This solution is not in conformity with Aticle 1, paragraph 4 of the BiH Constitution. The greatest amount of liabilities rests upon the Federation of Bosnia and Herzetovina. The change of the debtor and liability settlement Bosnia and Herzegovina undertook from the banks, had been preceded by the claim verification procedure (Article 1, paragraph 5 of the State Law). The claim verification execution by-laws are passed by the Entities and Brcko District instead of the Council of Ministers (CoM BiH) which was going to become, in execution of the State Law, the main instrument of the Ministry of Finance of the BiH Federation Government to eliminate those depositors whose refund depends on the assets to be provided by the Federation of Bosnia and Herzegovina. (See Item 14). The amendments to the State Law extended the claim verification deadline for depositors until September 30, 2007. (Article 17 of the State Law). The depositors who failed to verify their savings, were supposed to have their rights protected in court. The liabilities related to pre-war hard currency accounts not verified pursuant to the State Law and executive by-laws of the Entities and Brcko District could be established and proved in a judicial procedure only (Article 5 of the State Law). This right is disputed by the courts. (See Item 15). The claim verification is implemented by the three agencies (Article 7 of the State Law). Verification is done at the seat of the bank or branch office of the bank the hard currency acocunt was initially opened at (Article 11 of the State Law), which created additional problems and inflicted significant travel costs upon depositors. It is a well-known fact that the war caused massive population displacements and the Annex 7 of the Dayton Agreement - Return of the displaced has not been implemented as yet. In addition, nearly one million of citizens of Bosnia and Herzegovina live as refugees abroad. One of the preconditions for the claim verification is for the savings owner to have his/her own active KM account with a bank in Bosnia and Herzegovina. The banking agency does not permit opening of such accounts based on power of attorney. The payment for the verified savings was supposed to be up to 1,000 KM in cash till the end of 2007, and the remaining amount in bonds due as of December 31, 2016 (Aritcle 21, paragraph a) of the State Law) The bonds for the verified hard currency savings are to be issued by Bosnia and Herzegovina on behalf of the Entities and Brcko District (Article 23, paragraph 1 of the State Law). The principal and interests are paid out of the portions of the single account of the Treasury of Bosnia and Herzegovina pertaining to the Entities and Brcko District. The bond emission deadline was set at March 31, 2008 (Article 21, paragraph 1(a) of the State Law). A special escrow account and the debt servicing account related to pre-war hard currency savings bonds were about to be opened with the Central bank. These accounts are run by the Ministry of Finance and Treasury of Bosnia and Herzegovina. (Article 23, paragraph 2 of the State Law). Central bank is in charge of keeping the official register of bond ownership and to issuing hard-copy receipts certifying the ownership of the bonds for each person holding such right (Article 22 of the State Law). The settlement of the pre-war hard currency savings under Article 23, paragraph 2 of the State Law is guaranteed by Bosnia and Herzegovina, pursuant to the Law of loan taking, debts and guarantees of Bosnia and Herzegovina (Article 23, paragraph 4 of the State Law). The two Laws of changes and amendments to the State Law have been passed. The first one, "Official Journal of BiH 76/06 of September 25, 2006" revoked the provision stating that the depositor may not file a complaint once he receives 1,000 KM in cash. The second, “Official Journal of BiH 72/07 of September 26, 2007” stipulates that the settlement of the pre-war hard currency savings is of the same priority as the settlement of the foreign debt-related liabilities (Article 23 of the State Law), and the funds to be used to settle those liabilities shall include the funds received in a succession of SFRY and other assets at the disposal of Bosnia and Herzegovina, all pursuant to the decisions of the Council of Ministers (CoM BiH) (amendments to Article 1 of the State Law).
Recommended publications
  • Federation of Bosnia and Herzegovina – a Parallel Crisis
    FEDERATION OF BOSNIA AND HERZEGOVINA – A PARALLEL CRISIS Europe Report N°209 – 28 September 2010 TABLE OF CONTENTS EXECUTIVE SUMMARY AND RECOMMENDATIONS ................................................. i I. INTRODUCTION ............................................................................................................ 1 II. COLLECTIVE RIGHTS VERSUS MAJORITY RULE ............................................. 3 A. ADMINISTRATION AND INSTITUTIONS .......................................................................................... 3 B. OUTVOTING AND CONSENSUS ...................................................................................................... 5 C. PROTECTING VITAL NATIONAL INTERESTS .................................................................................. 6 III. ETHNIC INTERESTS AND REPRESENTATION ..................................................... 8 A. THE BOSNIAKS ............................................................................................................................ 8 B. THE BOSNIAN CROATS ............................................................................................................... 10 C. SERBS, BOSNIANS, MUSLIMS AND “OTHERS” ............................................................................. 10 IV. INSTITUTIONAL PARALYSIS .................................................................................. 11 A. CRISIS IN THE FBIH GOVERNMENT ............................................................................................ 11 B. LEGAL MAZES,
    [Show full text]
  • Bosnia's Future
    Bosnia’s Future Europe Report N°232 | 10 July 2014 International Crisis Group Headquarters Avenue Louise 149 1050 Brussels, Belgium Tel: +32 2 502 90 38 Fax: +32 2 502 50 38 [email protected] Table of Contents Executive Summary ................................................................................................................... i Recommendations..................................................................................................................... iii I. Introduction ..................................................................................................................... 1 II. The Quest for Identity ...................................................................................................... 5 III. A Patronage Economy ...................................................................................................... 11 A. The Sextet ................................................................................................................... 11 B. The Economic Paradox .............................................................................................. 13 C. Some Remedies .......................................................................................................... 15 IV. The Trouble with the Entities ........................................................................................... 17 A. Ambivalence in the Federation .................................................................................. 18 B. Republika Srpska’s High-Stakes Gamble
    [Show full text]
  • Parliamentary Assembly Assemblée Parlementaire
    Parliamentary Assembly Assemblée parlementaire http://assembly.coe.int Doc. 13300 13 September 2013 The functioning of democratic institutions in Bosnia and Herzegovina Report1 Committee on the Honouring of Obligations and Commitments by Member States of the Council of Europe (Monitoring Committee) Co-rapporteurs: Ms Karin S. WOLDSETH, Norway, European Democrat Group, and Mr Egidijus VAREIKIS, Lithuania, Group of the European People's Party Summary The Monitoring Committee strongly regrets, following the October 2010 elections in Bosnia and Herzegovina, the long delay in forming the government: at State level it was formed only in February 2012, more than 14 months after the elections. The committee is also seriously concerned about the ongoing political crisis following the break-up of the six- party coalition at State level in May 2012. To date, the new coalition partners have still not managed to reshuffle the Federation-level government. As a result, the Federation is completely paralysed and not functioning. It is also seriously concerned about a growing disrespect for the rule of law. Republika Srpska high officials have repeatedly attacked key State institutions. In the Federation, there have been numerous cases in which political leaders and parties ignored, or in some cases directly violated, requirements set out in constitutions and laws. More worrying still is the growing trend simply not to implement judgments of the State-level Constitutional Court. According to the committee, in order to end the perpetual cycle of deadlock and confrontation, the authorities of Bosnia and Herzegovina and the key political stakeholders should shoulder their responsibilities, stop obstructionism and work constructively at the level of State institutions.
    [Show full text]
  • Report from CEE Bankwatch, Center for Environment and Ekotim Fact-Finding Mission on Corridor Vc Motorway Project, Bosnia and Herzegovina, 14-15 September 2009
    Report from CEE Bankwatch, Center for Environment and Ekotim fact-finding mission on Corridor Vc motorway project, Bosnia and Herzegovina, 14-15 September 2009 Introduction The two-day fact-finding mission was a follow-up from one carried out on 17-19 March 2009, which had identified five main issues to be followed up: • The motorway’s likely visual impact on the tentative World Heritage site at Pocitelj • The motorway’s likely impacts on Blagaj and its surroundings - agricultural land, housing and spatial issues (the forming of a barrier across the valley) and possible visual impacts on the tentative World Heritage site • The route to be taken across the planned Prenj-Cvrsnica-Cabulja National Park • Potential impacts on the Kravica Waterfalls, from a landscape or water protection perspective • Progress with the Resettlement Action Plan and the consultation of local people. Following the first mission a report was compiled and its results presented to the EBRD at its Annual General Meeting. Some follow-up questions were also sent to the bank on 01.06.2009 regarding Pocitelj and Kravica Waterfalls and a response was received on 10.07.2009. Communication with the FBiH Roads Directorate also took place regarding the Resettlement Action Plan in early April, as well as responding to some media enquiries about our findings. In the period since our first visit the issues regarding Blagaj and Pocitelj have gained much greater prominence in Bosnia-Herzegovina and opinions have become highly polarised on the topic. Draft proposals for including changes to the route at Blagaj and Pocitelj were approved by the Federal Government on 27.08.2009.
    [Show full text]
  • BANK GROUP the WORLD BANK Paterstrassea3121 WORLD BANKGROUP Vienna, Austria, 1020
    WORLD BANK GROUP THE WORLD BANK Paterstrassea3121 WORLD BANKGROUP Vienna, Austria, 1020 LINDA VAN GELDER Regional Director Western Balkans OFFICIAL Europe and Central Asia Region DOCUMENTS Public Disclosure Authorized August 6, 2020 HE. Vjekoslav Bevanda Minister BiH Ministry of Finance and Treasury Trg BiH 1, 71000 Sarajevo BOSNIA AND HERZEGOVINA Dear Mr. Minister, Public Disclosure Authorized Amendment to Loan Agreements We refer to the loan agreements entered into between Bosnia and llerzegovina (the "Borrower") and the International Bank for Reconstruction and Development (the "Bank") in respect of the Loans listed in Annex I to this letter (the "Loan Agreements"'). We also refer to the letter. dated August 6, 2020 explaining the rationale for the requested amendments. In connection with the LIBOR transition planning and the Bank's objective to preserve alignment between its funding and lending costs, we hereby confirm the Bank's agreement to amend the relevant provisions of each of the Loan Agreements for the Loans listed in Annex 1 to this letter so as to modify the General Conditions and Loan Agreements Public Disclosure Authorized applicable to such Loans as provided in Annex 2 to this letter. Furthermore, it is the intent of the Bank and the Borrower to implement equivalent amendments to all Loan Agreements which may have LIBOR or EURIBOR as the applicable reference rate to the interest under the Loan. Accordingly, if any such Loan is not listed in Annex 1, the corresponding Loan Agreement shall be deemed so amended by virtue of this amendment. In the interests of fairness, transparency, and consistency, we are offering the same tens to all borrowers for all Bank loans.
    [Show full text]
  • The Congress of Local and Regional Authorities
    The Congress of Local and Regional Authorities 22nd SESSION CG(22)12 21 March 2012 Local and regional democracy in Bosnia and Herzegovina Monitoring Committee Rapporteurs1 : Beat HIRS, Switzerland (L, ILDG); Jean-Marie BELLIARD, France (R, EPP/CD) Draft recommendation (for vote) ............................................................................................................. 2 Explanatory memorandum ...................................................................................................................... 6 Summary This report on the situation of local and regional democracy in Bosnia and Herzegovina follows on from two visits made in April and December 2011. It concludes that the legislative framework as such in Bosnia and Herzegovina and the entities has improved and now includes explicit references to the European Charter of Local Self-Government. The report underlines that the judicial protection of local self-government has been strengthened in both entities and welcomes the establishment in January 2010 of the Ministry of Administration and Local Self-Government of the Republika Srpska. However, the monitoring delegation remains concerned about a number of issues, for instance the fact that the constitutional guarantees governing the relations between the various levels of local self-government have not yet been put in place; the great fragmentation of the territory of Bosnia and Herzegovina, which means that some municipalities are unable to exercise their powers; the lack of clarity in the apportionment of powers between the entities, cantons and municipalities; and the low level of financial autonomy of local authorities in Bosnia and Herzegovina. The Congress recommends that the authorities of Bosnia and Herzegovina urge the entities of Bosnia and Herzegovina to draw up reform plans on decentralisation and implement the principles set out in the Charter in practice.
    [Show full text]
  • Assessing the Potential for Renewed Ethnic Violence in Bosnia and Herzegovina
    Assessing the potential for renewed ethnic violence in Bosnia and Herzegovina: A security risk analysis Atlantic Initiative Democratization Policy Council Vlado Azinović Kurt Bassuener Bodo Weber October 2011 Executive summary .................................................................................................................................................. 4 The international community role – creating a rules-free environment ....................................................................... 4 Domestic environmental factors ................................................................................................................................... 4 Potential sparks ............................................................................................................................................................. 5 Public security setting ................................................................................................................................................... 5 EUFOR – going, going, gone? ..................................................................................................................................... 7 Conclusion and recommendations ................................................................................................................................ 7 Foreword: rationale and methodology of the study ..................................................................................... 9 I. Dismantling the Dayton instruments: is the international community
    [Show full text]
  • Bosna-Hersek Siyasetini Anlama Kilavuzu
    RAPOR BOSNA-HERSEK SİYASETİNİ ANLAMA KILAVUZU MEHMET UĞUR EKİNCİ BOSNA-HERSEK SİYASETİNİ ANLAMA KILAVUZU COPYRIGHT © 2014 Bu yayının tüm hakları SETA Siyaset, Ekonomi ve Toplum Araştırmaları Vakfı’na aittir. SETA’nın izni olmaksızın yayının tümünün veya bir kısmının elektronik veya mekanik (fotokopi, kayıt ve bilgi depolama, vd.) yollarla basımı, yayını, çoğaltılması veya dağıtımı yapılamaz. Kaynak göstermek suretiyle alıntı yapılabilir. SETA Yayınları 45 I. Baskı: 2014 ISBN: 978-605-4023-49-3 Editör: Ahmet Demirhan Tasarım: M. Fuat Er Uygulama: Ümare Yazar Kapak Fotoğrafı: AFP Baskı: Turkuvaz Matbaacılık Yayıncılık A.Ş., İstanbul SETA | SİYASET, EKONOMİ VE TOPLUM ARAŞTIRMALARI VAKFI Nenehatun Caddesi No: 66 GOP Çankaya 06700 Ankara TÜRKİYE Tel:+90 312.551 21 00 | Faks :+90 312.551 21 90 www.setav.org | [email protected] | @setavakfi SETA | İstanbul Defterdar Mh. Savaklar Cd. Ayvansaray Kavşağı No: 41-43 Eyüp İstanbul TÜRKİYE Tel: +90 212 395 11 00 | Faks: +90 212 395 11 11 SETA | Washington D.C. Office 1025 Connecticut Avenue, N.W., Suite 1106 Washington, D.C., 20036 USA Tel: 202-223-9885 | Faks: 202-223-6099 www.setadc.org | [email protected] | @setadc SETA | Kahire 21 Fahmi Street Bab al Luq Abdeen Flat No 19 Cairo MISIR Tel: 00202 279 56866 | 00202 279 56985 | @setakahire BOSNA-HERSEK SİYASETİNİ ANLAMA KILAVUZU Mehmet Uğur Ekinci ÖNSÖZ 11 BİRİNCİ BÖLÜM 15 GENEL GÖRÜNÜM VE TARİHÇE İKİNCİ BÖLÜM 19 SİYASİ YAPI VE KURUMLAR ÜÇÜNCÜ BÖLÜM 33 GÜNCEL SİYASETİ BELİRLEYEN ÖNEMLİ MESELELER DÖRDÜNCÜ BÖLÜM 45 SİYASİ PARTİLER BEŞİNCİ BÖLÜM 73 SİYASİ ŞAHSİYETLER
    [Show full text]
  • Bosnia-Herzegovina
    Bosnia-Herzegovina 2016 Country Review http://www.countrywatch.com Table of Contents Chapter 1 1 Country Overview 1 Country Overview 2 Key Data 3 Bosnia-Herzegovina 4 Eastern Europe 5 Chapter 2 7 Political Overview 7 History 8 Political Conditions 18 Political Risk Index 46 Political Stability 61 Freedom Rankings 76 Human Rights 88 Government Functions 90 Government Structure 92 Principal Government Officials 99 Leader Biography 105 Leader Biography 105 Foreign Relations 108 National Security 118 Defense Forces 119 Chapter 3 122 Economic Overview 122 Economic Overview 123 Nominal GDP and Components 129 Population and GDP Per Capita 131 Real GDP and Inflation 132 Government Spending and Taxation 133 Money Supply, Interest Rates and Unemployment 134 Foreign Trade and the Exchange Rate 135 Data in US Dollars 136 Energy Consumption and Production Standard Units 137 Energy Consumption and Production QUADS 139 World Energy Price Summary 140 CO2 Emissions 141 Agriculture Consumption and Production 142 World Agriculture Pricing Summary 145 Metals Consumption and Production 146 World Metals Pricing Summary 149 Economic Performance Index 150 Chapter 4 162 Investment Overview 162 Foreign Investment Climate 163 Foreign Investment Index 165 Corruption Perceptions Index 178 Competitiveness Ranking 189 Taxation 198 Stock Market 199 Partner Links 200 Chapter 5 201 Social Overview 201 People 202 Human Development Index 205 Life Satisfaction Index 208 Happy Planet Index 219 Status of Women 229 Global Gender Gap Index 231 Culture and Arts 241 Etiquette 241
    [Show full text]