Croatian, Slovene PMs vow to solve Ljubljanska banka issue in 3 months.

By bne IntelliNews August 2, 2010
PM Jadranka Kosor and her Slovene counterpart Borut Pahor agreed to solve in three monththe issue with the deposits and the credits of Croatian customers in Ljubljanska Banka, dating back to former Yugoslavia, in line with international agreements. Croatia's foreign minister, Gordan Jandrokovic, and his Slovene counterpart, Samuel Zbogar, had already met to speed up the resolution of open bilateral issues, including the 19-year-old dispute over Ljubljanska Banka. Croatia considered that the problem was bilateral, while Slovenia believed that it could be solved with the help of the Basel Bank for International Settlements (BIS). Croatians had about EUR 160mn in savings, deposited in Ljubljanska Banka, while companies had debts of about EUR 420-480mn to the bank before the split of former Yugoslavia.

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