LONDON/ZAGREB, April 19 (Hina) - Foreign investors are interested in investing in Croatia and according to foreign analysts Croatia made progress on the economic front, representatives of Croatia's delegation taking part in the annual
meeting of the European Bank for Reconstruction and Development (EBRD) says.
LONDON/ZAGREB, April 19 (Hina) - Foreign investors are interested in
investing in Croatia and according to foreign analysts Croatia made
progress on the economic front, representatives of Croatia's
delegation taking part in the annual meeting of the European Bank for
Reconstruction and Development (EBRD) says.#L#
All impressions and information that we have received from foreign
analysts speak about positive economic results in Croatia and foreign
businessmen are confident Croatia would be granted a positive avis,
Croatian Radio cited advisor in the EBRD Chris Cviic as saying.
This was also confirmed by Croatian Finance Minister Ivan Suker who,
over the past two days, held talks with representatives of financial
and investment companies and rating agencies.
Croatia needs foreign investments, but investors seek not only
security but also an easier way to make investments in the country as
well as the continuation of reforms.
The finance ministry is preparing a tax reform which, along with
changes to the income tax, will include changes to contributions. The
ministry is also working on removing administrative obstacles for
investors.
Members of the Croatian delegation and EBRD representatives also
discussed the possibilities for financing units of local
self-government.
According to Croatian Radio, the Croatian delegation and the EBRD
officials also talked about a possibility that the EBRD annual
assembly in 2007 be held in Zagreb.
Since 1993, the EBRD has invested over EUR1.4 billion, more than 60 %
of which went to the private sector.
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