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PM: CRO. POLITICAL, FINANCIAL STANDING IN 2000 SIGNIFICANTLY IMPROVED

ZAGREB, Jan 18 (Hina) - Last year, Croatia considerably improved its political and financial standing in Europe and the world, Prime Minister Ivica Racan told Thursday's government session marking the first anniversary in office. In 2000, Croatia came out of international isolation, and both Europe and the world acknowledged it as a democratic state and accepted it as an equal partner, Racan said opening the session. As regards the economy, he pointed out the figures spoke best about the results achieved. The prime minister said a trend of decreasing gross domestic product was halted, significant steps forward were made in dealing with illiquidity, the biggest part of the state's unpaid debts was settled, and 2.5 billion kuna ($308 million) of citizens' insured savings in crashed banks was paid out. Today's anniversary government session is also atteneded by President Stipe Mesic.(hina) ha
ZAGREB, Jan 18 (Hina) - Last year, Croatia considerably improved its political and financial standing in Europe and the world, Prime Minister Ivica Racan told Thursday's government session marking the first anniversary in office. In 2000, Croatia came out of international isolation, and both Europe and the world acknowledged it as a democratic state and accepted it as an equal partner, Racan said opening the session. As regards the economy, he pointed out the figures spoke best about the results achieved. The prime minister said a trend of decreasing gross domestic product was halted, significant steps forward were made in dealing with illiquidity, the biggest part of the state's unpaid debts was settled, and 2.5 billion kuna ($308 million) of citizens' insured savings in crashed banks was paid out. Today's anniversary government session is also atteneded by President Stipe Mesic. (hina) ha

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