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CROATIAN ECONOMY BETTER THAN IT SEEMS, PREMIER MATESA SAYS

ZAGREB, Feb 16 (Hina) - The first session of the Assembly of the Croatian Chambers of Commerce (HGK) was held in Zagreb today. The session, attended also by Premier Zlatko Matesa, elected the new Managing and Supervisory Boards and presented Croatian companies with gold, silver and bronze kunas for exceptional economic achievements in 1995. The gold kuna was presented to the pharmaceutical, chemical, food and cosmetics industry 'Pliva' from Zagreb. 'Dalmatinska Banka' from Zadar was presented with the silver kuna, while 'Panturist' company for passenger transport and tourism from Osijek got the bronze kuna.
ZAGREB, Feb 16 (Hina) - The first session of the Assembly of the Croatian Chambers of Commerce (HGK) was held in Zagreb today. The session, attended also by Premier Zlatko Matesa, elected the new Managing and Supervisory Boards and presented Croatian companies with gold, silver and bronze kunas for exceptional economic achievements in 1995. The gold kuna was presented to the pharmaceutical, chemical, food and cosmetics industry 'Pliva' from Zagreb. 'Dalmatinska Banka' from Zadar was presented with the silver kuna, while 'Panturist' company for passenger transport and tourism from Osijek got the bronze kuna. #L# Speaking about Croatia's economy on behalf of the HGK, Branimir Lokin stressed that prices and rates had stable movement in January. There were, however, no signs of larger shifts in the production and economic activity, Lokin said. Quoting the prognosis by the Union Bank of Switzerland saying that Croatia's chances for economic growth were largest in 1996, Premier Matesa said that the situation in the Croatian economy was better than people thought of it. The industrial production in January was 4,3% larger than in the same month last year, he said, adding that Croatia's greatest problems were its banking system and usurious interest rates. The HGK President Nadan Vidosevic called on the Croatian economists to visit Sarajevo at the end of February. (hina) rm jn 161554 MET feb 96

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