( Editorial: --> 5061 )
ILOK, May 19 (Hina) - The first year since Croatia's currency, the
kuna, was introduced as the legal means of payment in the eastern
part of the country was marked in the town of Ilok Tuesday.
When the kuna was introduced in eastern Croatia, the area was under
United Nations transitional administration. The kuna substituted
the Yugoslav dinar, used since the area was occupied by the former
Yugoslav People's Army and Croatian Serb paramilitary units in
1991.
According to head of the Money Transfers Bureau (ZAP) office in
Vukovar, Josip Malkoc, upon coming to the eastern Croatian town in
1997 his staff took over 1,490 dinar drawing accounts and 61
employees.
Twenty employees who worked in Vukovar before the war returned to
their positions, while 13 resigned.
There are currently 956 kuna accounts open in Vukovar's ZAP.
Money transfers in eastern Croatia were reintegrated in the
Croatian system in line with a decision by the then current UN
transitional administrator for the area Jacques Klein.
On May 9 Klein issued an order stating that as of May 19 the kuna was
the legal means of payment in the area.
All pays, prices, taxes, contributions and all other financial
transactions are in line with that order, denominated and paid in
kuna.
(hina) ha jn /mrb
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