VICE PM SAYS SIGNIFICANT SHIFT MADE AT MEETING OF V. LENAC CREDITORS

ZAGREB, July 8 (Hina) - Croatian Deputy Prime Minister Slavko Linic said on Monday evening he had information that "a significant switch has been made" at a meeting of creditors -- business banks and Viktor Lenac shipyard stockholders -- because Raiffeisen Bank (RBA) was ready to reprogram the shipyard's loan. #L# Linic said this after a meeting of the Social Democratic Party (SDP) Presidency. He said that there were some changes at a meeting of creditors and Viktor Lenac stockholders (RBA, PBZ bank, HVB bank and Nova Bank) because RBA changed its approach. "This is the reason why the talks on Viktor Lenac will resume on Tuesday," said Linic adding that he would not attend Tuesday's meeting because the issue was to be discussed by creditors and stockholders. SDP president and Prime Minister Ivica Racan, however, is not sure of the outcome, i.e. the owners' decision, but says it is good that the government was taken seriously. "I can't say that why they have done is good. They said they would finance Viktor Lenac if the government shoulders the burden. The government shouldered the burden, but they failed to fulfil their commitments," Racan said. The PM is confident it is impermissible that the owners are now requesting of the government to do some additional work, even though they failed to fulfil their commitments. "This is why we had to say no," said Racan adding that shipyard will file for bankruptcy. "The government cannot be milked," Racan said (hina) it