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Government continues co-financing publication of Vjesnik daily

Autor: mses
ZAGREB, March 17 (Hina) - The Croatian government on Thursday adopted a report on the implementation of the decision to co-finance the publication of the Vjesnik daily since 1 July 2010 and decided to allocate HRK 18 million for co-financing this newspaper in 2011, the government's public relations office said in a statement.

The cost of co-financing Vjesnik in 2010 was HRK 36 million, with 18 million provided from the state budget and the remaining 18 million covered by Narodne Novine d.d. (Official Gazette).

The plan for rationalisation and restructuring of the newspaper company requires financial assistance from the government so as to complete the process of restructuring. Narodne novine-PRESS d.o.o. hopes to be able to finance on its own the publication of the Vjesnik daily as of mid-2012.

The financial assistance is proposed because of the public interest in the existence of a serious and relevant daily newspaper, whose purpose is to provide timely and objective information free of commercial content, the statement said.

(Hina) ms

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