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BUSINESS NEWS BULLETIN, NO 114

HR-GOSPODARSTVO-BILTENI-Makrogospodarstvo BUSINESS NEWS BULLETIN, NO 114 BUSINESS NEWS BULLETINNo 114March 27 - April 2, 1999CONTENTS:? HNB?S FOREIGN CURRENCY RESERVES US$2.4bn 2? GDP UP 2.7 PER CENT LAST YEAR AND DOWN 0.8 PER CENT IN THE LAST QUARTER 2? DEFICIT IN FOREIGN EXCHANGE REACHES US490.4M 2? INDUSTRIAL OUTPUT DROPS 2.7 PER CENT 2? STOCKS OF FINISHED MANUFACTURED PRODUCTS GROW 2? SQUARE METER OF HOUSING SPACE IN CROATIA AVERAGES HRK7.520 2? A HRK4.8BN TURNOVER POSTED IN CATERING LAST YEAR 3? 41,445 BOAT LICENCES ISSUED 3? FINANCIAL MARKETS 3? HNB PROPOSES BANKRUPTCY OF NERETVANSKA GOSPOD. BANK AND INVEST SAVINGS BANK 4? MEDIMURSKA BANKA BANK RECEIVES REQUESTS FOR GENERAL-PURPOSE CREDITS 4? HYPO BANKA CROATIA RECORDS EXCELLENT PERFORMANCE IN 1998 5? STATE AGENCY FOR THE INSURANCE OF SAVINGS DEPOSITS SIGNS AGREEMENT WITH ABN AMRO 5

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