Boris Vujčić .jpg
Photograph: Hina / Lana SLIVAR DOMINIĆ/ ds

As many as 45 lawmakers from the ruling and Opposition parties on Wednesday put forward amendments to the Law on the Croatian National Bank (HNB), which will enable the State Audit Office to review annual reports on the overall performance of the central bank, and will also make it possible for parliament to debate and vote on the bank's annual report.

The proposed amendments, signed by MPs from nine parties and seven minority and independent deputies in parliament, envisages that the position of governor and vice-governors can be held for a maximum of two consecutive terms.

The bill was signed by MP Ivan Kovacic (Bridge) and will be presented in parliament by MP Ivan Lovrinovic (Bridge) and MP Goran Maric (Croatian Democratic Union - HDZ).

The sponsors of the bill, sent into fast-track procedure, claim that most European Union member states conduct an annual audit of the business and reports of their central banks which is not foreseen in Croatia by law. "Because the State Audit Office cannot review the HNB's financial and business reports, a high level of distrust in the transparency of the work and business conducted by the HNB has been created in public," the proponents said.

They warned of the "arbitrary and incorrect interpretation of EU regulations," which, they said, had unnecessarily delayed voting on the HNB report for 2014.

They recall that the current law regulates that the governor's and vice-governor's term lasts for six years without any restrictions which allows for "long-life" service.

"For example, an HNB vice-governor has been conducting that duty for 25 years now and there are others who are serving a third term as vice-governors or members of the HNB advisory council," the bill's sponsors said.

Related stories

Latest news

Croatian MEP says Moscow wants to influence in western Balkans

Croatian MEP Ivan Jakovcic said in an interview with the Montenegrin Pobjeda daily on Thursday that Moscow is trying to exploit the political forces in Montenegro and that Russia's meddling in Montenegro's internal affairs was "unacceptable behaviour."

New York Times launches brand campaign for "The Truth" with Oscars ad

The New York Times is using Sunday's Academy Awards show to launch an advertising drive with an ad spot that capitalizes on President Donald Trump's confrontational relationship with the paper and other mainstream media.

Gambia charges former spy chief with murder of opposition leader

The former head of the Gambian national intelligence agency has been charged with the murder of an opposition youth leader who died in detention last year.

Dutch populist Wilders won't publicly campaign after security fiasco

The Dutch Party for Freedom (PVV) won't make public appearances in support of its election campaign after a security official assigned to protect party founder Geert Wilders was detained by police.

Peace Implementation Council Steering Board calls for defusing tensions in Bosnia

The Steering Board of the Peace Implementation Council in Bosnia and Herzegovina (BiH) met on Thursday, expressing the international community's concern about the situation in the country and calling on local politicians to act rationally to prevent an escalation of the crisis after a motion was submitted to review an International Court of Justice (ICJ) ruling in BiH's case against Serbia for genocide.

Trump blasts Mexico as top diplomat holds talks in Mexico City

US President Donald Trump expressed ambivalence about the US relationship with Mexico as he blasted the country Thursday for what he claims is an unfair trade relationship.

Croat accused of rioting at UEFA 2016 game goes on trial

The trial of Ivan Vucenovic, 21, accused of causing rioting during a European soccer championship match between Croatia and the Czech Republic in Saint Etienne, France last June, began at the Sibenik Municipal Court on Thursday.

Schools blocked, 26 arrests in Paris protests against police abuses

Hundreds of young people took to the streets of Paris on Thursday in protests against alleged police brutality, with local media reporting that 16 secondary schools were forced to shut.

Aid agency: 13 dead among dozens trapped in Libya container

The bodies of 13 migrants were found along with dozens of survivors trapped inside a transport container in Libya's western town of Khoms, an aid agency said Thursday.

Strike grounds hundreds of Alitalia flights

Employees of loss-making Italian airline Alitalia walked off the job Thursday after government-mediated talks failed to break the deadlock, causing the airline to cancel hundreds of flights.

Bosnia requests review of ICJ judgement that exonerating Serbia

Bosnia and Herzegovina's legal counsel Sakib Softic on Thursday submitted a request to the International Court of Justice (ICJ) in The Hague, for a review of a judgement in the genocide suit against Serbia.

Frljic: Warsaw play big hit, ascribes criticism to conservative repression

The media have reported that Polish prosecutors on Wednesday began investigating Frljic's play, which the Catholic Church and the conservative community in Poland have called "blasphemous".