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HNB Governor: Smaller interest rate rise in Croatia than euro area

Author: Marija Šestan

ZAGREB, 17 Nov (Hina) - Croatian National Bank (HNB) Governor Boris Vujčić said in Rijeka on Friday that since last year, the European Central Bank has raised interest rates by 4.5% percentage points and that Croatia had a lower transmission of those interest rates to financing conditions than the euro area.

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