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GOVT SUPERVISORY SERVICES TO PROBE INTO GLOBUS GROUP BUSINESS

ZAGREB, Feb 4 (Hina) - The government budget is being filled in line with expectations, which means that there will not be a delay in the payment of salaries and pensions, Croatian Finance Minister Borislav Skegro told reporters after a Government session Thursday. Asked about the problem of debts of numerous companies, members of the Globus group, Economy Minister Nenad Porges said, "there can be no solution without getting to the core, and the core is that all supervisory services of several ministries should jointly 'cover' Globus group centres, and thoroughly check all transactions of its interlinked sections," Porges said. He added that, according to his knowledge, the problem of debts of Diona (a chain of stores, part of the Globus group), threatened some small banks and deliverers with the "domino syndrome". Porges said Diona's total debts had reached a figure of more than US$300,000, stressing he had
ZAGREB, Feb 4 (Hina) - The government budget is being filled in line with expectations, which means that there will not be a delay in the payment of salaries and pensions, Croatian Finance Minister Borislav Skegro told reporters after a Government session Thursday. Asked about the problem of debts of numerous companies, members of the Globus group, Economy Minister Nenad Porges said, "there can be no solution without getting to the core, and the core is that all supervisory services of several ministries should jointly 'cover' Globus group centres, and thoroughly check all transactions of its interlinked sections," Porges said. He added that, according to his knowledge, the problem of debts of Diona (a chain of stores, part of the Globus group), threatened some small banks and deliverers with the "domino syndrome". Porges said Diona's total debts had reached a figure of more than US$300,000, stressing he had read this in the newspapers. He added his ministry felt obligated to ensure regular supplies in Zagreb, in which Diona owns 200 stores. (hina) lml jn

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