PM-Designate, President discuss ways to strengthen economy

Prime Minister-Designate Tihomir Oreskovic said on Wednesday that he and President Kolinda Grabar-Kitarovic were partners in endeavours to strengthen the national economy, confirming that he was travelling to Kitzbuehel, Germany, to present a plan for the reduction of Croatia's debt to investors.

"The main topic of the meeting was the economy. The President and I are partners and we discussed the economic situation in the country and how we can cooperate in improving the investment climate and attracting foreign investments," Oreskovic said after meeting with Grabar-Kitarovic in her office.

After the meeting, which lasted about an hour, Oreskovic left Zagreb for Kitzbuehel for a closed-door meeting of representatives of investors and banks and analysts, organised by Unicredit. He said he would discuss with them the national debt, which accounts for close to 90% of GDP.

"The investors are our partners and I want to see what they will say. Our debt is close to 90% of GDP and keeps growing, which is worrying and we should see how to reduce it. I have programmes and plans and I will present them in due time, my priority now is to share my ideas with investors so that we can see how to reduce the debt and kick-start growth in a year's or two years' time," Oreskovic told reporters.

Last update: Wed, 13/01/2016 - 13:44

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