EC calls on Croatia and Slovenia to find solution on Ljubljanska Banka issue.

By bne IntelliNews January 28, 2013
The European Commission (EC) called on Slovenia and Croatia on Friday, Jan 25, to reach urgently an acceptable solution to the Ljubljanska Banka issue and clear the way for the ratification of Croatias accession treaty with the EU before it joins the union on July 1, 2013, news agency HINA reported, quoting the Enlargement Commissioner's spokesman, Peter Stano, as saying. He stressed that at this moment any move, statement or behaviour which did not lead to the acceptable solution for the countries would not be helpful. According to a ruling of the Zagreb Municipal Court made on Thursday, Jan 24, Slovenia should compensate Croatian depositors who lost their savings in the liquidation of the Ljubljanska Banka in the early 1990. The lenders successor is Nova Ljubljanska Banka. However, Croatia is ready to drop the lawsuits if the problem is resolved through negotiation with Slovenia, HINA reported in separate news, quoting foreign minister Vesna Pusic as saying.

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