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Croatia seeks closer relations between national and European central banks

Author: Snježana Pezer

ZAGREB, May 27 (Hina) - Croatia sent a request to the European Central Bank (ECB) on Monday for the establishment of closer cooperation between the ECB and the Croatian National Bank (HNB) with regard to conducting supervision of credit institutions within the Single Supervisory Mechanism (SSM) which is part of the procedure to access the European Exchange Rater Mechanism (ERM II) and subsequently the euro zone, the Ministry of Finance and HNB have reported.

(Hina) sp

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