ZAGREB, April 23 (Hina) - The Croatian parliament started its session on Friday with a debate on a report on the work of the State Commission for Bonds in 2003, according to which the most important event on the capital market was the
inclusion of a large number of companies in a new stock market quotation of public joint stock companies.
ZAGREB, April 23 (Hina) - The Croatian parliament started its session
on Friday with a debate on a report on the work of the State
Commission for Bonds in 2003, according to which the most important
event on the capital market was the inclusion of a large number of
companies in a new stock market quotation of public joint stock
companies.#L#
All parliamentary clubs of deputies supported the report but the
opposition said the government had lately made several "beginner's
mistakes" which were detrimental to the development of the capital
market.
Mato Crkvenac of the Social Democratic Party (SDP) warned that three
weeks ago the government incurred this year's highest debt amounting
to 500 million euros. He said the timing could not have been worse,
because the debt was incurred at a time when all financial
institutions were reading reports citing Britain's Minister for Europe
Denis MacShane as saying that Croatia would not be granted a positive
avis.
He criticised the parliamentary majority for appointing only Croatian
Democratic Union MPs into the supervisory committees of two
development funds. He said this would shake the confidence in those
funds. He criticized the government for replacing the leading
officials of the Croatian Lottery and the Croatian Postal Bank.
(Hina) it