Croatia may issue bonds to citizens and companies in 2013 - finance minister.

By bne IntelliNews January 13, 2012
The Croatian government might issue bonds to the citizens and companies in 2013 after it wins their trust this year via stabilising the state finances and credit rating, news agency HINA reported, quoting finance minister Slavko Linic as saying. He said that there are no precise plans yet on the size and the interest rates of such a bond issue as the government should first show it is responsible in spending the state money and relieving the burden on the economy. "Only after we gain their confidence, we can offer them bonds," HINA quoted him as saying. Linic pointed out to a recent decision of a Belgium government, which borrowed EUR 6bn from the citizens at interest rates of between 3.5% and 4.2%.

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss