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Sabor reappoints Rohatinski as central bank governor

ZAGREB, July 7 (Hina) - The Croatian Parliament on Friday reappointed Zeljko Rohatinski as Governor of the Croatian National Bank (HNB) for a term of six years.
ZAGREB, July 7 (Hina) - The Croatian Parliament on Friday reappointed Zeljko Rohatinski as Governor of the Croatian National Bank (HNB) for a term of six years.

A majority of deputies voted for Rohatinski's reappointment, only Croatian Party of Rights MPs said they were against the motion given that they did know whom the governor would choose as his close associates in managing the central bank.

Pero Kovacevic said that the party had personally nothing against Rohatinski but criticised him for failing to present in parliament at least a part of his strategy of whom he would choose as his associates.

In addition, over the past six years, the policy of the HNB led by Rohatinski was more in favour of interests of the lobbies of importers and bankers than national interests, Kovacevic added.

Earlier in the day, the Sabor endorsed a long-term plan for the development of the military, under which by 2015 the armed forces should consist of no more than 16,000 active military personnel, 2,000 civilian staff and as many volunteers and up to 6,000 contractual reservists. Until 2009 all preconditions for conversion to an all-volunteer military should be met.

Under the plan, the present organisation of the armed forces in the three branches: the army, the air force and the navy, would be preserved and a support command would be established. Croatia is planning to increase the number of its troops engaged in international peace missions to up to eight percent of its overall ground forces strength.

The parliament also adopted guidelines for the application of Public and Private Partnership (PPP) models to accelerate the construction of hospitals, schools, kindergartens, old people's' homes etc.

The said models could step up the construction of similar facilities four to five times with the reduction of costs up to 20 percent.

The parliament amended the Bankruptcy Act in order to speed up bankruptcy procedures and make it possible for employees with ailing companies to receive their backlog salaries in a full amount.

The parliament will resume the 21st session on Tuesday.

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