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WORLD BANK: CROATIA HAS ACHIEVED A LOT ON ROAD TO EU

SIBENIK, May 26 (Hina) - The World Bank's director for Bulgaria, Romania and Croatia, Andrew Vorkink, has said that Croatia has made significant progress on the road to the European Union, however, it still faces a lot of hard work.
SIBENIK, May 26 (Hina) - The World Bank's director for Bulgaria, Romania and Croatia, Andrew Vorkink, has said that Croatia has made significant progress on the road to the European Union, however, it still faces a lot of hard work. #L# The World Bank has had excellent cooperation with the Croatian government on three projects which are currently important for admission to the EU: the reform of the public administration, the creation of a favourable atmosphere for foreign investments and the establishment of a more just social system, Vorkink said in Sibenik on Monday. The World Bank's regional office for Romania, Bulgaria and Croatia held its annual conference on the situation in the countries and ways to help them on the road to the EU in Sibenik's tourist settlement "Solaris". The conference gathered some 100 participants from the World Bank, the three countries and observers. Present were also Croatia's European Integration Minister Neven Mimica and the head of the European Commission's Delegation in Croatia, Jacques Wunenberger. Vorkink told reporters that over the past year Croatia had sought 210 million dollars worth of loans from the World Bank. The loans were used to establish new cadastral and land registers, reform the pension system, raise the level of traffic security and modernise roads. Mimica said the World Bank was the international financial institution which had offered the most help to Croatia so far. Croatia expects that assistance to continue, not only in the form of loans, but also in the provision of expert help, he said. World Bank officials are drawing up an economic memorandum for Croatia, which will define a balance of benefits and costs related to membership in the EU. (hina) rml sb

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