SEMINAR ON STRATEGY OF FINANCIAL SECTOR STARTS IN ZAGREB

ZAGREB, Nov 17 (Hina) - A two-day seminar called "Strategy of the Development of the Financial Sector in Croatia" started in Zagreb Friday morning. The seminar was organised by the Croatian Chamber of Commerce and the Croatian institute for banking and insurance. Well known Croatian economists and financial advisors will give their opinions on the strategy of the development of the financial sector and its role in the development of the economy. Opening the seminar, Mate Babic of Zagreb's Economy Faculty pointed to the connection between the financial and real economic sector, which, in his opinion, were inseparable. The financial sector mobilises savings and grants loans. Without savings there would be no investments, and without investments there is no economic growth, Babic said. Greeting the present, president of the Croatian Chamber of Commerce Nadan Visosevic said he hoped Croatian banks would, in the future, follow economic projects. The present were also greeted by Croatia's First Deputy Prime Minister's envoy, Haris Boko, who advocated Croatia's accelerated joining the sphere of electronic business activities, and the Croatian National Bank deputy governor Boris Vujcic. (hina) it