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CROAT METAL WORKERS' UNION SENDS OPEN LETTER TO ITALIAN EMBASSY

ZAGREB, June 30 (Hina) - The Croatian Metal Workers' Union on Monday forwarded an open letter to the Italian Embassy in Zagreb, saying it was prompted to do so because the jobs of workers at the Rijeka-based "Viktor Lenac" shipyard were endangered by the activities of Privredna Bank Zagreb, whose majority owners are Italian banks.
ZAGREB, June 30 (Hina) - The Croatian Metal Workers' Union on Monday forwarded an open letter to the Italian Embassy in Zagreb, saying it was prompted to do so because the jobs of workers at the Rijeka- based "Viktor Lenac" shipyard were endangered by the activities of Privredna Bank Zagreb, whose majority owners are Italian banks. #L# By abandoning plans to grant loans to and cooperate with the shipyard, Privredna Bank is pushing a Croatian shipyard into bankruptcy so that Italian shipyards could win more contracts, the union wrote in the letter. The Croatian Metal Workers' Union is ready to recommend to its members to transfer their accounts and deposits from Privredna Bank to a more socially sensitive bank and urges the Italian embassy to consider damage this could cause to the friendly Croatian-Italian relations. (hina) ms sb

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