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HUB: EC will have objections to amendments to Contractual Relations Act

Author: vmic
ZAGREB, June 11 (Hina) - The Croatian Banking Association (HUB) said on Thursday it was confident that the European Commission would have "a lot of questions and objections" regarding the amendment of the provisions of the Contractual Relations Act concerning the limitation of contractual interest rates, noting that the amendments reducing default interest rates were not common in the European Union but were acceptable.

(Hina) vm

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