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HNB: Fiscal consolidation, reforms a must for better prospects

ZAGREB, Jan 11 (Hina) - The Croatian National Bank (HNB) projects that real GDP growth in 2011 could be only 0.4 per cent and that this year GDP could stagnate or dip 0.2 per cent, warning on Wednesday that without fiscal consolidation and structural reforms, Croatia's economic prospects are very bad.

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