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GOVT TO DISCUSS SALE OF SUNCANI HVAR HOTEL CHAIN ON WEDNESDAY

ZAGREB, Jan 28 (Hina) - Prime Minister Ivica Racan on Wednesday morning should receive a draft agreement on the sale of Suncani Hvar, negotiated by representatives of the Croatian Privatisation Fund (HFP) and Slovenia's Terme Catez, government's unofficial sources reported on Tuesday.
ZAGREB, Jan 28 (Hina) - Prime Minister Ivica Racan on Wednesday morning should receive a draft agreement on the sale of Suncani Hvar, negotiated by representatives of the Croatian Privatisation Fund (HFP) and Slovenia's Terme Catez, government's unofficial sources reported on Tuesday. #L# According to the same sources, some improvements in the Terme Catez offer have already been agreed on at today's meeting between representatives of the HFP and the Slovene company. It has already been announced that the Slovene company would shorten the period in which EUR45 million should be invested in the Croatian hotel chain from five to three years. The Croatian government made a decision on the sale of 62.3 percent of the Suncani Hvar shares to Terme Catez last Thursday. The decision was adopted despite the opposition of four government members from the ranks of the Croatian Peasants' Party (HSS). On Monday the HSS presidency demanded of the government to revoke its decision regarding the entire privatisation process of Suncani Hvar. The five parties of the ruling coalition should meet on Wednesday afternoon to discuss Suncani Hvar's privatisation and HSS' demand. (hina) it sb

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