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CROATIA'S LEGSI STABILITY INDEX FOR APRIL DROPS BY ONE POINT

ZAGREB, April 22 (Hina) - Croatia's LEGSI stability index for April stands at 58 points, which is a one-point drop compared to March. The decrease is a result of the prevailing effect of negative trends on the security and economy front compared to positive trends imposed by the government and parliament.
ZAGREB, April 22 (Hina) - Croatia's LEGSI stability index for April stands at 58 points, which is a one-point drop compared to March. The decrease is a result of the prevailing effect of negative trends on the security and economy front compared to positive trends imposed by the government and parliament. #L# This is noted in a press release issued on Tuesday by the Croatian Employers' Association (HUP), containing this month's report on the LEGSI stability index compiled by Euroasia Group and the Lehman Brothers investment bank. The report describes as positive the government's announcements of elections for mid-autumn and changes to the election law, which are said to have reduced the influence of the traditionally rightist emigration and increased the number of minority representatives. With regard to the security sector, the report notes a slightly negative trend shaped by the US criticisms of Croatia's aligning with Germany and France regarding the war in Iraq. Another negative trend was shaped by war veterans' threats to President Stjepan Mesic and Premier Ivica Racan, inspired by the assassination of Serbian Premier Zoran Djindjic. Regarding the economic front, the report mentions the establishment of a council for the privatisation of the national oil company INA, but conveys doubts that the council would manage to organise the process before the next elections. The LEGSI stability index of Euroasia Group and Lehman Brothers evaluates the political stability of transition countries and other countries from all over the world, i.e. their potential and resistance to internal crises. (hina) rml

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