ZAGREB, Mar 12 (Hina) - Croatia's Science and Technology Minister Milena Zic Fuchs and Agriculture and Forestry Minister Ivan Djurkic were sworn in at the Croatian parliament's House of Representatives on Friday. Zic Fuchs received 76
votes of confidence, while eight representatives abstained, while Djurkic received 72 votes of confidence and 12 against. The Lower House concluded this week's sessions by voting on a dozen bills. As part of a government programme for resolving illiquidity, the representatives endorsed bills on changes to the distress and bankruptcy laws. New provisions of the distress law should contribute to acceleration in the forced settlement of claims. The provisions stipulate that distress is enforced even before a distress decision has become final, reduce prices according to which real estate would be forcibly sold, and shorten hearing deadlines. A provision instruct
ZAGREB, Mar 12 (Hina) - Croatia's Science and Technology Minister
Milena Zic Fuchs and Agriculture and Forestry Minister Ivan Djurkic
were sworn in at the Croatian parliament's House of Representatives
on Friday.
Zic Fuchs received 76 votes of confidence, while eight
representatives abstained, while Djurkic received 72 votes of
confidence and 12 against.
The Lower House concluded this week's sessions by voting on a dozen
bills.
As part of a government programme for resolving illiquidity, the
representatives endorsed bills on changes to the distress and
bankruptcy laws.
New provisions of the distress law should contribute to
acceleration in the forced settlement of claims. The provisions
stipulate that distress is enforced even before a distress decision
has become final, reduce prices according to which real estate
would be forcibly sold, and shorten hearing deadlines.
A provision instructing state attorneys' offices to, on behalf of
the Republic of Croatia, counties, and the City of Zagreb as
creditors, file bankruptcy requests against debtors not complying
with their obligations should contribute to accelerating
bankruptcy proceedings against legal subjects incapable of meeting
their commitments or which are illiquid.
The representatives also ratified two agreements, with the World
Bank (WB) and the European Bank for Reconstruction and Development
(EBRD), for a project intended to bring Croatian Railways up to
date. The project's total worth is US$183 million, of which US$101
million will be financed through a WB loan, US$35 million through an
EBRD loan, and US$47 million from the state budget.
The Lower House also passed a law on changes to the law on hunting,
adopted a programme for permanent state commodity stockpiles, and a
report of the Telecommunications Council.
Rejected was a Croatian Party of Rights (HSP) motion for changes to
the law on the status of displaced persons and refugees.
The Lower House did not conclude a debate on a HSP motion for the
establishment of a commission of inquiry to probe into the
confiscation of weapons of Croatia's Territorial Defence in 1990.
The 38th session will resume on March 24.
(hina) ha