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LEGSI STABILITY INDEX FOR CROATIA UP ONE POINT FROM MAY

ZAGREB, July 22 (Hina) - Positive developments on Croatia's political and security front which overshadowed negative trends on the economic and social front have led to a mild increase in Croatia's LEGSI index, which stands at 60 for June, one point more than the previous month.
ZAGREB, July 22 (Hina) - Positive developments on Croatia's political and security front which overshadowed negative trends on the economic and social front have led to a mild increase in Croatia's LEGSI index, which stands at 60 for June, one point more than the previous month. #L# In their latest report, which the Croatian Employers' Association released on Tuesday, analysts of the U.S. consulting company Euroasia Group and the Lehman Brothers investment bank positively assessed Croatian President Stjepan Mesic's initiative for speeding up the solving of the case of fugitive Hague war crimes tribunal indictee Ante Gotovina. The also positively assessed the opening of highway sections connecting the Adriatic and the mainland. The fact that European Commission President Romano Prodi personally handed the EU questionnaire to Croatian PM Ivica Racan was interpreted as support to Croatia to join the EU as soon as possible. The report negatively assessed the hooliganism of Croatian sports fans at the European waterpolo championship. The report, however, noted that the government had forwarded into an emergency parliamentary procedure a law which should regulate such and similar problems. Also noted in a negative context was the exclusion of a Croatian Serb boy from a sports tournament because of his ethnic background. The Lehamn Brothers' analysts negatively assessed an increase in foreign indebtedness. With 60 points of the Lehman Brothers Eurasia Group Stability Index (LEGSI), Croatia is ranked 10th among the monitored countries. Preceding it are Hungary, Poland, Mexico, Bulgaria, Thailand, South Africa, China, Brazil, and Russia. Behind Croatia on the list are the Philippines, India, Turkey, Argentina, Saudi Arabia, Ukraine, Colombia, Venezuela, Indonesia, Uzbekistan, Azerbaijan, and Nigeria. LEGSI gauges the political stability of countries in transition and other countries throughout the world, namely their potential and resistance to internal crises. The index considers the political and economic movements of governments and their image in the domestic and international public, and the most important social, security and economy events in the observed period. (hina) it

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