MOST official says HNB governor supports party's reforms

The Bridge (MOST) reformist party said on Tuesday that Monday's meeting with Croatian National Bank (HNB) governor Boris Vujcic was also attended by Bridge economic strategist Ivan Lovrinovic, adding the the governor "supported most of Bridge's economic reforms," and in a statement for Hina Lovrinovic dismissed media speculation that he was forming his own political party.

Bridge representatives Bozo Petrov and Lovrinovic, as well as independent economic experts Mario Skare and Tea Golja, on Monday met HNB governor Vujcic and heard the central bank's take on current economic issues, read a statement issued by Bridge.

According to the statement, Vujcic stressed that structural reforms were necessary and that he was happy that Bridge advocated reforms, notably of public administration and local self-government. He said that euroisation had a great influence over the monetary policy and stability of prices. He also said that the monetary policy in the previous period was good and that the central bank could not have done more to improve it.

Commenting on Swiss franc-pegged loans, Vujcic said he had been warning the government and Finance Minister Boris Lalovac that there would be problems, that their conversion model was not good and that the HNB could not solve the problems of those who were dissatisfied now.

On behalf of Bridge, Lovrinovic explained the most important changes Bridge was advocating in the monetary, loan and fiscal policy. He underscored the importance on better promotion and greater use of the national currency, resolving the problem of citizens with loans denominated in Swiss francs and a better adjustment of HNB activities with the European Central Bank's practice.

In a statement for Hina, Lovrinovic dismissed in the strongest terms speculation that he was forming his own political party.

Last update: Tue, 24/11/2015 - 20:17

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