board, blackboard, economy.jpg
Photograph: Photo by geralt, used under CC0

A coalition made up of the Human Shield party, Franak, the Youth Action and the "Let's change Croatia" party on Saturday dismissed as "manipulation and lies" media reports that the coalition wanted more money to be printed as a way of solving economic problems in the country.

These lies are being spread by those who are afraid of our economic platform, which is designed to protect the middle class and ordinary citizens, Ivan Lovrinovic of the "Let's change Croatia" party said at an inpromptu news conference in downtown Zagreb, which the coalition organised to dismiss accusations that it planned to financially destabilise the country.   

Lovrinovic said the coalition was against the printing of money but was also against the way the Croatian National Bank (HNB) had operated so far.

The coalition wants the financial system, primarily banks, to serve to boost production, employment, enterprise and housing loans that would be denominated exclusively in the national currency, he said.

The coalition's economic platform envisages increasing the non-taxable income to HRK 5,000 and the minimum wage from the current net value of HRK 2,600 to 5,000 over the next four years, namely by HRK 600 annually, said Lovrinovic.

"We are the only political camp that has offered concrete solutions for strengthening the middle class and by doing so, we have knowingly exposed ourselves to the danger of ill-intentioned misinterpretation," said Lovrinovic. 

Related stories

Latest news

Reports: 12 injured as car runs into crowd at New Orleans parade

Twelve people were injured Saturday in the US city of New Orleans when a car struck a crowd watching a parade, local media reported.

"Moonlight" big winner at independent film awards

The coming-of-age drama "Moonlight" won six prizes including best feature at the 32nd Film Independent Spirit Awards Saturday, claiming the Hollywood spotlight on the eve of the Oscars.

Trump: I won't attend White House Correspondents' Association Dinner

US President Donald Trump said Saturday that he does not plan to attend the White House Correspondents' Association Dinner this year.

US Democratic Party chooses Tom Perez to be next party chief

The US Democratic Party elected former labour secretary Tom Perez as its next party chief at a meeting in Atlanta on Saturday.

73-year-old man dies after car ramming in Germany

A 73-year-old male pedestrian died from his injuries after being run over when a car rammed into people in the south-western town of Heidelberg, police said Saturday.

Syrian government vows retribution for Homs attacks that killed 42

The Syrian government vowed retribution for synchronized attacks on Saturday in Homs City that left 42 security personnel dead and reportedly involved up to six suicide bombers.

Between 250,000 and 300,000 Croatians suffer from rare diseases

Rare Disease Day, observed on February 28, was marked in Zagreb's Cvjetni Trg Square on Saturday.

German police shoot man who rammed car into pedestrians in Heidelberg

Police in Germany shot a man who rammed a car into pedestrians in the south-western town of Heidelberg on Saturday.

Egypt's al-Sissi orders cabinet to help Christians fleeing Sinai

Egypt's president Abdel Fattah al-Sissi ordered the government on Saturday to take all necessary measures to help Christians who escaped northern Sinai after the Islamic State militia killed at least six of them over the past month.

SDP MP calls on citizens to raise their voice against restriction of women's rights

Josko Klisovic, a Social Democrat member of the Croatian parliament, on Saturday called on all Croatians to raise their voice against a policy turnaround on women's rights after Croatia took a conservative position in a discussion on human rights in the Council of the European Union.

Egypt court acquits Mubarak's aide of 22 years

An Egyptian court on Saturday acquitted one of ousted president Hosny Mubarak's closest aides, ruling he was not guilty of corruption and illicit profits.

EU ambassador to Albania Romana Vlahutin under 24-hour police protection

EU Ambassador to Albania Romana Vlahutin and her family have been given 24-hour armed police protection due to threats she has been receiving lately, the Austrian paper Der Standard said on Saturday, explaining that the threats were linked to Vlahutin's monitoring of a reform of Albania's judiciary designed to curb corruption in that country.