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VICE-PREMIER ANNOUNCES GOVERNMENT ASSISTANCE TO EXPORT COMPANIES

SPLIT, March 14 (Hina) - In the three years prior to entering the European Union, the Croatian government will help consolidate tourism and export-oriented companies to improve the export balance prepare that segment of the economy for competition on the merciless free European market, Vice-Premier Slavko Linic said during Friday's meeting with business people at the Split County Chamber of Commerce.
SPLIT, March 14 (Hina) - In the three years prior to entering the European Union, the Croatian government will help consolidate tourism and export-oriented companies to improve the export balance prepare that segment of the economy for competition on the merciless free European market, Vice-Premier Slavko Linic said during Friday's meeting with business people at the Split County Chamber of Commerce. #L# Other companies will be left to their own devices, but the state will offer them a possibility to conduct business in the same circumstances as their European competitors by reforming all systems, from the tax to the legislative system. Stressing that this year's investments of some two dozen public companies totalled 19 billion kuna (EUR2.5 billion), Linic said that an investment market had been created and called on Split's business people to use that opportunity. Speaking about the process of integration with the EU, Linic warned that on the European market there would no longer be incentives in the shipbuilding industry, subsidies for agriculture would decrease, while those for employment would be cancelled. The Croatian government can give incentives for three more years, after which companies will be left to their own devices and abilities, said Linic. Market possibilities are widening, but for many this will be the biggest obstacle if they don't prepare, he warned. The biggest problem is the battle with the Croatian mentality, administrative barriers which cause problems in obtaining the simplest documents, he said. Those are the things which must be solved this year, Linic added. (hina) lml sb

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