Thursday, 4 February 2016

Bosnia's State TV Risks shut down due to insolvency

Bosnia and Herzegovina State owned Radio and Television, BHRT is facing extreme financial constraints which makes it difficult to support the functioning of the network and might result in it having to stop broadcasting, the network's administration announced.

"Our situation is critical: we cannot even sustain our expenses for gas and electricity, not to mention the €5 million that we should pay the European Broadcasting Union," Belmin Karamehmedovic, the director of the television station, told BIRN on Tuesday.
"If we don't find a solution to our finances, there is a concrete risk that BHRT will disappear, which would make Bosnia and Herzegovina the only European country without its own state television," Karamehmedovic said.
The management of BHRT stated the top problem is the constant fall in revenues from taxes, which should represent the first source of money for the station. 
"It's a problem that has been going on for years. The income from the taxes is falling by almost €2 million a year," Karamehmedovic said.


BALKAN INSIGHT

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