ZAGREB, May 11 (Hina) - The Croatian Employers' Association (HUP) can give a positive assessment of the new government's first 100 days of work, but now demands and expects an immediate resolving of amassed problems, especially in the
economy. Discussing the government's work, HUP's presidency has assessed the very change of authority has had a very positive impact on the international level, as noticed in contacts with representatives of employers' associations, HUP presidency chairman Branko Roglic told reporters in Zagreb on Thursday. Roglic believes yesterday's decision by NATO to invite Croatia into its Partnership for Peace programme will facilitate and decrease risks of investing in Croatia, thus also reducing the cost of capital for Croatia. A government decision on returning debts to the economy is a feasible first and very important step in resolving the issu
ZAGREB, May 11 (Hina) - The Croatian Employers' Association (HUP)
can give a positive assessment of the new government's first 100
days of work, but now demands and expects an immediate resolving of
amassed problems, especially in the economy.
Discussing the government's work, HUP's presidency has assessed
the very change of authority has had a very positive impact on the
international level, as noticed in contacts with representatives
of employers' associations, HUP presidency chairman Branko Roglic
told reporters in Zagreb on Thursday.
Roglic believes yesterday's decision by NATO to invite Croatia into
its Partnership for Peace programme will facilitate and decrease
risks of investing in Croatia, thus also reducing the cost of
capital for Croatia.
A government decision on returning debts to the economy is a
feasible first and very important step in resolving the issue of
illiquidity.
HUP however points to some moves which have caused dissatisfaction
and even concern, namely serious lateness in formalising the
division of responsibility among social partners, an excessive
preoccupation with the consequences of economic failures, and
insufficient attention given to economic problems.
Croatia's employers believe the law on investment stimulation
contains many bad provisions and solutions, and that the amounts
necessary to receive benefits have been set too high.
Roglic says this is especially puzzling since the government has
been pointing out small and medium-sized entrepreneurship and
crafts are the foundation for economic progress, yet they are given
no tax credits for smaller investments.
(hina) ha mm