How climate change is impacting businesses in the Balkans

Bosnia, Serbia and other parts of the Balkans are facing their worst drought for decades.

The river Danube, usually one of eastern Europe’s busiest transport routes has eighty or more cargo ships at a standstill. Traffic on the river is “practically non-existent”.

In Romania, Hungary, and Bulgaria crop production for 2012 is in jeopardy .

Bosnia is facing water shortages. In Bosnia and Serbia power supplies are running low because river levels are too low for the hydroelectric plants.

Shipping companies and ports are making losses.

“Meteorologists say they are not sure why the region has had far less rain than average since August – but they don’t see any more coming quickly.”

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