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MESIC URGES ECONOMIC EXPERTS TO FIND SOLUTIONS TO CURRENT CRISIS

ZAGREB, June 10 (Hina) - Croatia's President Stjepan Mesic has stressed the necessity of drafting a strategy for economic progress with exact time terms for certain activities and accomplishment of objectives, as this is for him a precondition for the success of Croatia's attempts to catch up with the developed economies in the world. "Croatia is in a depression, economic problems are such that they thwart the progress of the society and there are no discernible solutions, and that's why the question poses itself how we can get out of the depression," Mesic said addressing economists who gathered in his office on Saturday to discuss possibilities of Croatia's economic recovery. Asserting that until recently in the country there was a wrong model enabling 200 families to become rich but plunging the country in the current bad situation, Mesic said the transformation of the social ownership must
ZAGREB, June 10 (Hina) - Croatia's President Stjepan Mesic has stressed the necessity of drafting a strategy for economic progress with exact time terms for certain activities and accomplishment of objectives, as this is for him a precondition for the success of Croatia's attempts to catch up with the developed economies in the world. "Croatia is in a depression, economic problems are such that they thwart the progress of the society and there are no discernible solutions, and that's why the question poses itself how we can get out of the depression," Mesic said addressing economists who gathered in his office on Saturday to discuss possibilities of Croatia's economic recovery. Asserting that until recently in the country there was a wrong model enabling 200 families to become rich but plunging the country in the current bad situation, Mesic said the transformation of the social ownership must have followed the traces how the capital was created and must have subsequently led to a modern type of management. In Croatia, he added, the functions of the owner and manager merged, resulting in a catastrophe. We must cease earmarking considerable means to the so-called Herzeg-Bosnia, as owing to wrong assessment, a wrong policy was conducted impoverishing Croatia and bringing the country into isolation, he added. Croatia's incumbent President said it was not world that isolated Croatia. Croatia was isolated so that some could loot "their own people if the people is isolated, and this was deliberately planned," he added. Addressing the gathered economic experts Mesic told them he was expecting they would find answers to question about the recovery of their own nation. The purpose of this meeting, which drew a score of economic scholars, is to raise major economic and social issues and help exchange opinions on the economic situation in the country, said Mesic's advisor in economics, Stjepan Zdunic. (hina) ms

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