Author: Snježana Ivić AUTHOR Snježana Ivić
TRANSLATION Lajla Mlinarić...


DUBIOUS 10 YEARS OF CRISIS

FEBRUARY 5 2009 16:35h

Vidosevic Said Nothing about Crisis for 5 Months

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It’s good that he spoke about the crisis 5 months after it came about. All world chamber of commerce heads were moderate, the minister said.

ZAGREB, CROATIA – All clubs of the European Parliament agree that the border dispute between Croatia and Slovenia be resolved before the international court in The Hague, Croatian Prime Minister Ivo Sanader said at today’s government session, informing government members about the results of his trip to Brussels. 

- I hope that we will manage to solve this issue that way during a meeting between myself and

About Croatian Chamber of Commerce Head

After the government session, Minister Suker briefly commented today’s statement by Nadan Vidosevic, the president of the Croatian Chamber of Commerce, who said that Croatia would need a decade to exit the crisis and that whoever denies this Is lying. 

 - It’s good that he thought to speak about the crisis five, six months after it came about. Take a look at statements of other presidents of chambers of commerce in the world. They are all moderate in their statements and even yesterday’s statement by President Obama was moderate. They are all predicting recovery in 2010.


(Slovenian Prime Minister) Pahor and achieve the lifting of the blockade. When Slovenia was entering the European Union, this border dispute was not a problem, so it cannot be a problem for Croatia either. Croatia will enter the European Union as the 28th member without trading with its territory – Sanader said.

The government made a decision on foreign loan debts with domestic banks in the amount of 750 million euros. That money, said Finance Minister Ivan Suker, will be used to pay back 500 million kuna debts for bonds from 2001 and 2003 with interest.

- With this the government is not taking money away from Croatia’s economy. On the contrary, it is a message to the domestic and foreign public that we are paying our debts. Those who appear in papers giving dark prognoses, I would like to say that nobody negated the economic and financial crisis in this government. One of our measures against recession is that we will in April take out a loan on the international market and so finance the budgetary deficit from 2009. those who give bad prognoses ought to suggest measures against the recession so that citizens can see how much that would cost. The SDP’s suggestion that was discussed in parliament today would cost us an additional 15 billion kuna – the finance minister said.