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RACAN: SITUATION STABLE, THERE IS NO THREAT OF FLOOD FOR TIME BEING

ZAGREB, Aug 22 (Hina) - Croatian Prime Minister Ivica Racan said at the start of Thursday's government session that the situation in eastern Slavonia, where the Danube river has been threatening to overflow, was stable and that there was no danger of flooding for the time being.
ZAGREB, Aug 22 (Hina) - Croatian Prime Minister Ivica Racan said at the start of Thursday's government session that the situation in eastern Slavonia, where the Danube river has been threatening to overflow, was stable and that there was no danger of flooding for the time being. #L# The water level of the Danube at Batina at 5 am today was 729 cm and is currently 735 cm, which is below the flood threat level, Racan said. The embankment is stable and its 11-kilometre-long section from Zmajevac to the Kopacki Rit nature park is also under control, the Prime Minister said. Racan commended workers on the ground, expressing optimism regarding the development of the situation. The government today discusses measures on the financial consolidation of the health system, one of the proposals being granting the Croatian Health Insurance Institute the approval to seek a loan worth 820 million kuna. The government is also to analyse the situation in the shipbuilding industry, which last year saw a loss of 2.1 billion kuna, of which the largest part, totalling around 1.5 billion kuna, was incurred by the "Brodosplit" shipyard. A six-million kuna loss was incurred by "Treci maj" and another 20 million by the Kraljevica shipyard. A number of financial measures are envisaged to tackle the problems in the shipbuilding industry, including the transfer of loans for consolidation into the public debt, the transfer of loans for technological reconstruction into the budget, and the transfer of credit obligations for loans for which the government gave guarantees. The measures total 2.8 billion kuna. The government also envisages other measures, one of them being entrusting the Economy Ministry with controlling together with the Croatian Shipbuilding Industry - Jadranbrod, a state-owned company, if the shipyards are carrying out their business plans. The government will today also adopt new gas and electricity tariffs. (hina) rml

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