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Croatia faces corrective action, says EC Vice-President

ZAGREB, Feb 26 (Hina) - Croatia may be the first European Union member state to fall within the corrective measures as part of the mechanism defined to remedy excessive macroeconomic imbalances, given that Zagreb has made progress only in one out of six areas covered by the European Commission's recommendations, European Commission Vice-President for the Euro and Social Dialogue Valdis Dombrovskis said in Zagreb on Friday.

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