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Croatian development bank chief not to apply for new term

ZAGREB, March 12 (Hina) - The long-standing president of the managing board of the Croatian Bank for Reconstruction and Development (HBOR), Anton Kovacev, said on Wednesday that he would not rub for a new term upon the expiry of his current mandate on 31 May, as he saw that he did not enjoy unanimous support from all stakeholders and protagonists and he did not want to be an obstacle to the future performance of this national development bank.

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