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IDS WELCOMES GOVT DECISION TO ISSUE NEW BONDS

PULA, April 7 (Hina) - The Presidency of the Istrian Democratic Assembly (IDS) on Thursday said the Government's decision of yesterday to issue new bonds for the restructuring of economy as direct assistance for the recovery of the banking system was the first step toward resolving the situation in the banking system. The IDS Presidency also supported the establishment of a consortium for the recapitalisation of the Istarska Bank, which would "establish such a bank which will be one of the strongest and most stable banks oriented toward crafts and medium-sized businesses," IDS president Ivan Jakovcic said after a session of the party presidency.(hina) rml
PULA, April 7 (Hina) - The Presidency of the Istrian Democratic Assembly (IDS) on Thursday said the Government's decision of yesterday to issue new bonds for the restructuring of economy as direct assistance for the recovery of the banking system was the first step toward resolving the situation in the banking system. The IDS Presidency also supported the establishment of a consortium for the recapitalisation of the Istarska Bank, which would "establish such a bank which will be one of the strongest and most stable banks oriented toward crafts and medium-sized businesses," IDS president Ivan Jakovcic said after a session of the party presidency. (hina) rml

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