ZAGREB, May 15 (Hina) - Croatian Parliament Lower House on Wednesday discussed the Bill on Foreign Credit Transactions and on Amendments of the Welfare Act ant Act on Health Insurance which are going through their first
reading.
ZAGREB, May 15 (Hina) - Croatian Parliament Lower House on
Wednesday discussed the Bill on Foreign Credit Transactions and on
Amendments of the Welfare Act ant Act on Health Insurance which are
going through their first reading. #L#
The Bill on Foreign Credit Transactions is aimed at
liberalizing giving and getting credit.
The liberalization is based on the principle that domestic
companies independently decide on contracts on foreign credit
transactions, and they are responsible for fulfilling duties.
In cases when the credit transactions are conditional on
guarantees given by the state or when the state itself makes credit
transactions, the duties for the state may be set only based on law
passed by the Croatian Parliament with every such transaction.
(hina) lm jn
151550 MET may 96