ZAGREB, April 26 (Hina) - The Croatian parliament wrapped up on Thursday a debate on a privatisation bill and a state portfolio privatisation model which covers about 1,400 companies with state interest, with a nominal value of some
26.6 billion kuna ($3.1 billion). The bill was endorsed by benches of the ruling coalition's Croatian Social Liberal Party, the Social Democratic Party, and the Croatian Peasant Party (HSS), although their MPs and those from the opposition ranks voiced many remarks. The HSS suggested stopping the privatisation of big state systems in order to curb higher unemployment. According to the opposition's Croatian Democratic Union, the bill provides room for abuse as the decision on the fate of many companies would be in the hands of the Croatian Privatisation Fund. The ruling coalition's Istrian Democratic Assembly said the bill restricted the employee stock ownership plan. The gover
ZAGREB, April 26 (Hina) - The Croatian parliament wrapped up on
Thursday a debate on a privatisation bill and a state portfolio
privatisation model which covers about 1,400 companies with state
interest, with a nominal value of some 26.6 billion kuna ($3.1
billion).
The bill was endorsed by benches of the ruling coalition's Croatian
Social Liberal Party, the Social Democratic Party, and the Croatian
Peasant Party (HSS), although their MPs and those from the
opposition ranks voiced many remarks.
The HSS suggested stopping the privatisation of big state systems
in order to curb higher unemployment.
According to the opposition's Croatian Democratic Union, the bill
provides room for abuse as the decision on the fate of many
companies would be in the hands of the Croatian Privatisation
Fund.
The ruling coalition's Istrian Democratic Assembly said the bill
restricted the employee stock ownership plan.
The government is expected to improve the final version of the
bill.
(hina) ha sb