ZAGREB, Nov 20 (Hina) - Southeast European countries have achieved significant progress in their bids to draw closer to the European Union, but there will be still many painful processes on that path, a senior official of the
Stability Pact for South-east Europe, said in Zagreb on Wednesday.
ZAGREB, Nov 20 (Hina) - Southeast European countries have achieved
significant progress in their bids to draw closer to the European
Union, but there will be still many painful processes on that path,
a senior official of the Stability Pact for South-east Europe, said
in Zagreb on Wednesday. #L#
The goal, i.e. the admission into the Union, can be accomplished
only if citizens in the region feel concrete improvements and
believe that it is achievable, Bernard Snoy said at a conference
entitled "Croatia on the way Towards Europe".
This event is the first in a series of forums, to be organised by the
Croatian branch of Bank Austria Creditanstalt on possibilities
which would be opened for Croatia with the Union's enlargement.
Snoy, who is the head of the Stability Pact's second working table,
said Croatia had to privatise and restructure companies and adopt a
legal framework for a market economy so that it could make long-
standing progress.
He commended countries in the region for reduced inflation rates
and implementation of structural reforms. He, however, warned that
still much had to be done for the maintenance of the macroeconomic
stability, cuts in unemployment and encouragement of foreign
investments.