The EU is preparing rule changes that could deprive London of one of its flagship financial businesses by enabling territorial restrictions on the clearing of some euro-denominated transactions even before Britain leaves the bloc. The move is likely to be seen by the UK as a provocation. Source: FT
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Turkey is continuing to escalate its provocations against Greece, as five fighter jets of the Turkish Air force violated Greek air space 6 times and committed air traffic infringements, Friday. Source Tornos News
Armed forces participated in a divisive holiday celebration in the Republika Srpska entity, contravening orders from the Ministry of Defence. The members of the Third Infantry Brigade, made up of soldiers from Republika Srpska, participated in the event despite explicit orders not to do so from the Ministry of Defence and a warning from NATO command in Bosnia. Source Balkan Insight
The Bosnian Serb leader may be bluffing when he talks about holding a ‘historic’ referendum this year – but either way, he is pushing the country towards ever-greater instability. Source BalkanInsight