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DEFENCE & NATIONAL SECURITY COUNCIL ON BANKS & DEBTS IN ECONOMY

ZAGREB, Jan 19 (Hina) - The Croatian Defence and National Security Council on Tuesday held a session chaired by Croatian President Franjo Tudjman, the President's Office said in a statement. Discussing the situation in the banking system, the Council expressed dissatisfaction with the incompletely implemented decisions and conclusions of bodies of executive authority with regard to ways of settling the situation and determining responsibility in banks plunged into difficulties through negligent business. The Council was especially dissatisfied with the fact that parties responsible for bringing banks into crisis had still not been tried. Today's session also discussed the situation in companies which amassed large debts in their business. It was pointed out it was necessary for bodies of executive and judicial authority to take urgent and resolute steps to protect
ZAGREB, Jan 19 (Hina) - The Croatian Defence and National Security Council on Tuesday held a session chaired by Croatian President Franjo Tudjman, the President's Office said in a statement. Discussing the situation in the banking system, the Council expressed dissatisfaction with the incompletely implemented decisions and conclusions of bodies of executive authority with regard to ways of settling the situation and determining responsibility in banks plunged into difficulties through negligent business. The Council was especially dissatisfied with the fact that parties responsible for bringing banks into crisis had still not been tried. Today's session also discussed the situation in companies which amassed large debts in their business. It was pointed out it was necessary for bodies of executive and judicial authority to take urgent and resolute steps to protect the interests of employees and creditors. (hina) ha mm

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