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CROATIAN GOVT LAUNCHES BANK REHABILITATION PROGRAM

ZAGREB, Dec 1 (Hina) - In the last 12 months, prices in Croatia have dropped by two percent and this trend could continue by the end of the year, according to the Statistical Bureau. Exports were above average and the Government expected prices to remain stable and production to grow unless public expenditure exceeded this year's budget. Today's Government session heard that retail prices in November were down by 0.1 per cent compared to the previous month while industrial prices were up by 0.6 per cent and living costs by 0.1 per cent. The Government today passed a decision to start the bank rehabilitation process and allocate 240 million kunas to three banks to meet their liabilities. (hina) vm 011618 MET dec 94

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