Boris Lalovac

Komadina, Lalovac, Ostojic, Grbin new SDP deputy chiefs

 Delegates of the Social Democratic Party (SDP) elected Zlatko Komadina, Boris lalovac, Rajko Ostojic and Pedja Grbin as deputy SDP chiefs at a party convention on Saturday.

Lalovac accuses Maric of making deal with banks

Social Democratic Party (SDP) MP and former finance minister Boris Lalovac on Friday accused the government of trying to push "under the radar of public attention" draft amendments to the profit tax law that would allow banks to write off bad loans in 2017 at the expense of the state budget.

SDP official: There are similarities between our, Bridge's positions, we could cooperate

Social Democrat and former Finance Minister Boris Lalovac said on Saturday that there were similarities between the positions of the Social Democratic Party (SDP) and Bridge based on which they could cooperate.

EX-minister says failed Eurobond issue political message

"Implementing reforms and ensuring government stability requires the support of at least 80 parliamentary deputies," Lalovac said at a news conference

Lalovac: Administration reform will require tougher talks with unions, more stable government

"Had I not had Milanovic's support, many good things would not have been done. Milanovic has my absolute support. ... We did a very responsible and tough job," 

FinMin says state purse in very good state

Lalovac said he hoped the new government would continue to reduce the income tax. This year the non-taxable part of income was increased, resulting in higher net salaries, consumption and GDP.

Croatia issues HRK 6 billion 11-year bond

The bond, maturing on 14 December 2026, carries a yield of 4.4 per cent and has a semi-annual coupon of 4.25 per cent.

Lalovac: New bond to refinance debt due

"This is important for the capital market and for the kuna. We see that the banks have started lending more kuna, which is good. This will contribute to the development of the kuna capital market,"

Croatia's budget gap in first ten months HRK 6.3 billion

In October alone, budgetary revenues totalled 9 billion kuna, down 7.7% from October 2014, while expenditures stood at 9.5 billion, or 7.1% less on the month.

FinMin happy about ruling, says banks to be punished

"I said previously that banks were speculating and waiting for the elections...  Their speculation has proven futile and they have caused even bigger problems for themselves now.

Grcic: EC confirms Croatia recovering at accelerated rate

The European Commission's forecast has confirmed what macroeconomic indicators show and that is that Croatia is recovering at an accelerated rate, ...

Gov't approves reimbursement of expenses in migrant crisis

The Croatian government on Thursday approved the reimbursement of 27.7 million kuna for costs incurred in accommodation and transport of 280,000 migrants ...

SDP officials say HDZ would cut pensions by HRK 230

In its economic platform the HDZ announces a reduction of the VAT rate from 25% to 23%, to be followed by a further reduction to 20%, which is very irresponsible.