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ZAGREB, May 14
(Hina) - The Croatian Banking Association (HUB) and
the Franak civil society organisation of debtors with loans pegged to
the Swiss franc had different remarks to a Supreme Court ruling
proclaiming variable interest rates on those loans as unlawful and the
currency clause as lawful, with HUB expressing its satisfaction and
the Franak association warning that it was the currency clause that
was the crux of problems faced by debtors.
(Hina) sp