Sovereign risk in Bosnia has sometimes been cited as a reason...

Sovereign risk in Bosnia has sometimes been cited as a reason for caution.

Most of the inter-religious hatreds are in the minds of the now elderly, who are sinking into their own smelly swamp.

The younger generation does not want to see a return of the horrors of 1991 to 1995. It has witnessed rejuvenation in the standards of living.

The disturbances of a renewed civil war in Bosnia would need the backing of either:

1.Serbia from the east, which is surely inconceivable today given that Serbia is seeking accession to the EU.

2.Croatia from the west. Croatia is already a member of the EU.

Bosnia itself is seeking EU accession. Are they going to snatch away ADT's tenements? I don't think that would look good in Brussels.

In brief, I don't see sovereign risk for ADT being a problem.