EU envoy urges BiH to speed up reforms, or risk losing EU funds

Bosnia and Herzegovina (BiH) risks losing hundreds of millions of euros in European Union (EU) funding if it fails to accelerate stalled reforms, the EU Delegation to BiH warned Tuesday.



Luigi Soreca, head of the EU Delegation to BiH and EU special representative, said BiH could forfeit up to 373.9 million euros (441.2 million U.S. dollars) under the EU's Growth Plan if it does not urgently implement commitments outlined in its Reform Agenda.



In a post on social platform X, Soreca described BiH as a country of "significant unfulfilled potential," noting that progress has recently stalled despite available EU support.



He highlighted delays in key areas including digitalization, judicial reform and the green transition, stressing that EU funding is strictly performance-based and tied to clear deadlines.



"There is a cost to inaction," Soreca said, adding that the funding is strictly performance-based with clear deadlines.