Croatian Democratic Union (HDZ) Displeased with Central Bank Report
Zagreb, March 12 (CP) — The first half 2007report of the central bank (HNB) was criticised by HDZ during the report being presented in parliament on Wednesday.
The HNB and the government have been squabbling and accusing each other over the increase in prices, the measures of monetary and fiscal policies for curbing inflation.
The HDZ parliamentary club said it would only take note of the report which does not represent approval.
It has been said that the local currency kuna exchange rate was good for the import lobby and was making the foreign debt of the county even higher.
HNB officials have stated in their report that if there are no serious increases in the price of food and energy, the inflation rate could drop in the second half to below five percent.
News Info: News in Business, Tagged: HNB
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