Croatian parliamentary negotiations complicated by formation of new party within Most

By bne IntelliNews November 24, 2015

Drago Prgomet, who has been recently expelled from Bridge of Independent Lists (Most), a party which is currently negotiating with Croatia’s two main political parties the formation of a majority in the future parliament, has founded a new party, local media reported on November 24. The move will complicate negotiations and is likely to reduce the chances of opposition Patriotic Coalition, led by the Croatian Democrat Union (HDZ), to return to power.

Croatia’s general elections ended inconclusively, with no party or coalition gaining enough votes to have majority. Most turned out to be the real winner in the elections as both the Patriotic Coalition and ruling Croatia is Growing coalition, led by ruling Social Democratic (SDP), need its help to form a majority. The Patriotic Coalition won 59 seats in Croatia’s 151-member parliament, while Croatia is Growing gained 56 seats and Most gained 19 seats.

Negotiations between Most and the two main coalitions started right after elections. Most proposed a national unity government, an idea which was not welcomed by any of the two coalitions. However, the situation got even more complicated when Prgomet, a leader of Most, was expelled from the party after it had been found out that he had been secretly negotiating with Prime Minister Zoran Milanovic.

Prgomet insists his new party, HRID, will continue to operate within the Most political platform, according to Total Croatia News.

"HRID can be the pillar of Most in Zagreb. We will continue to operate within the Most political platform. People do not realize that Most is not a party, but a political platform of four political parties,” Prgomet said.

Two additional Most members of parliament, Gordana Rusak and Irena Petrijevcanin Vuksanovic, were also present at the HRID party’s founding meeting.

The current situation complicates HDZ’s position and makes SDP more likely to continue governing in Croatia. HDZ and Most now have a total of 75 seats, less than the 76 needed to form majority. Moreover, according to local media, at least two more members of Most could soon leave the party as well. 

“Things are quite clear: 75% of Most would rather go with SDP's coalition, but Most leader Bozo Petrov cannot do that, and therefore there is no decision,” Most member Stipe Petrina said.

HDZ has reportedly started to try to attract minorities on its side. However, this would be very difficult considering the party’s nationalistic rhetoric. Out of the eight minority representatives in the Croatian parliament, three represent the Serbian national minority and support SDP, two are members of SDP's coalition partner HNS, while the representative of the Hungarian national minority Sandor Juhas is close to SDP.

Most of the smaller parties which got it to the parliament are close to SDP.

Related Articles

Croatia raises €1.25bn via 10-year Eurobonds as yields fall to historic lows

The Croatian finance ministry sold €1.25bn worth of 10-year Eurobonds with an actual yield of 3.20% and a coupon rate of 3%, the ministry said in a March ... more

EBRD says 2016 net profit was around €1bn

The European Bank for Reconstruction and Development (EBRD) said it made a net profit of around €1bn in 2016, up by a quarter from the €802mn it made in ... more

CEE lender Erste lifts profit by a third to €1.265bn in 2016

Erste Group reported on February 28 record net profit of €1.265bn in 2016, a rise of 31% on the previous year. The Austrian banking group proposed doubling its dividend to €1 a share for the ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss