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OPPOSITION OBJECTS TO HASTE IN PRIVATISATION OF POWER COMPANY

ZAGREB, March 1 (Hina) - The opposition benches in parliament said on Friday a bill on the privatisation of the power supply company HEP had many inconsistencies, was a result of commitments with the International Monetary Fund, and that the HEP privatisation was unnecessarily rushed. The benches of the ruling coalition's five parties, despite reservations about some solutions, in principle support the proposed privatisation model. They urged the government to submit a detailed HEP privatisation proposal before the second parliamentary reading. Most benches are agreed parliament's role in the privatisation of power supply companies should be bolstered, and that in the privatisation of HEP attention must be paid to the social aspect. The social security of HEP's employees must be taken into account, said the bench representatives of the ruling coalition's Social Democrats (SDP), Croatian Peasants' P
ZAGREB, March 1 (Hina) - The opposition benches in parliament said on Friday a bill on the privatisation of the power supply company HEP had many inconsistencies, was a result of commitments with the International Monetary Fund, and that the HEP privatisation was unnecessarily rushed. The benches of the ruling coalition's five parties, despite reservations about some solutions, in principle support the proposed privatisation model. They urged the government to submit a detailed HEP privatisation proposal before the second parliamentary reading. Most benches are agreed parliament's role in the privatisation of power supply companies should be bolstered, and that in the privatisation of HEP attention must be paid to the social aspect. The social security of HEP's employees must be taken into account, said the bench representatives of the ruling coalition's Social Democrats (SDP), Croatian Peasants' Party (HSS), and the Liberal Party (LS). The opposition benches criticised the government's approach to the privatisation of HEP. The Croatian Democratic Union (HDZ) maintains the public is being burdened with dogma stating that a fast privatisation of HEP is a commitment to the European Union. France has a similar company, it is the biggest in Europe and has not been privatised, said Zlatko Matesa. The HDZ maintains Croatia is not obliged to privatise HEP at once. The Croatian Party of Rights also objects to the privatisation of HEP. "It is the final act in the dismantling of the Croatian power system," said Tonci Tadic. Under the government's bill, at least 15 percent of HEP would be privatised, although it will most probably be 25 percent, as announced when the government was formulating the bill. Seven percent of HEP shares would be allocated to war veterans without compensation, and another seven sold to employees under favourable conditions. Before privatisation, HEP should undergo restructuring. The electricity transmission sector and the independent market operator would be excluded from privatisation. (hina) ha sb

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