Printer Friendly

"Monetisation of state motorways' debt is "a rational and prudent story" - Croatian Prime Minister.

Croatian Prime Minister Zoran Milanovic said that public outcry against his cabinet's plan to lease motorways for the purpose of monetising the public debt was being instigated by interest groups which he accused of wanting to maintain a status quo while his government "is working for public interest and wants to conclude a deal good for Croatia".Monetisation of state motorways' debt is "a rational and prudent story" on which we will embark only after we check everything, Milanovic said at the start of the meeting of his cabinet while some 200 unionists were protesting outside the government building against the proposed monetisation through the lease of state-owned highways.In the event of the motorway lease Croatian citizens will drive on them under the same conditions as they do now, the premier said commenting on opponents' fears that road tolls will go up if the motorways are run by private concessionaires.The premier said his cabinet catered for the interests of 4.5 million Croatians while protests against monetisation were in the interest of "a thousand or two thousand people". Government
COPYRIGHT 2013 Balkan Business News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Balkan Business News
Date:Jul 22, 2013
Previous Article:Slovenia's Adria selling flight school, hangar, office building, simulator and more.
Next Article:Greece has boosted the chances of railway service operator Trainose finding a strategic investor.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters