1ZAGREB, Nov. 4 (Hina) - A coordination committee of the Alliance of +Independent Croatian Unions (SSSH) for multinational companies +warned that Croatia must protect itself on time from possible +catastrophic effects of so-called
casino-capitalism. This effect +is the result of the process of globalisation which is affecting the +Croatian market.+ The term "Casino-Capitalism" is characteristic of business +dealings of multinational companies whose only goal is to turn- +over the maximum amount of profit on a foreign market, stressed +Jasna Petrovic, head of the international sector of SSSH.+ Petrovic warned that the effects of uncontrolled dealings of +"Casino-Capitalism" for a country could be devastated for its +economy. + Therefore, Croatian unions must pressure the government to +undertake appropriate measures, for example, to organise a data +bank to administer the entry of foreign capital in the countr
1ZAGREB, Nov. 4 (Hina) - A coordination committee of the Alliance of
Independent Croatian Unions (SSSH) for multinational companies
warned that Croatia must protect itself on time from possible
catastrophic effects of so-called casino-capitalism. This effect
is the result of the process of globalisation which is affecting the
Croatian market.
The term "Casino-Capitalism" is characteristic of business
dealings of multinational companies whose only goal is to turn-
over the maximum amount of profit on a foreign market, stressed
Jasna Petrovic, head of the international sector of SSSH.
Petrovic warned that the effects of uncontrolled dealings of
"Casino-Capitalism" for a country could be devastated for its
economy.
Therefore, Croatian unions must pressure the government to
undertake appropriate measures, for example, to organise a data
bank to administer the entry of foreign capital in the country and
allow the credit rating of all foreign companies who appear as
potential investors.
(hina) ab/lml