Boris Vujcic

HNB says will continue with its stable kuna exchange rate policy

The Croatian National Bank (HNB) will continue with its policy of kuna exchange rate stability, the HNB told Hina when asked to comment on recommendations by President Kolinda Grabar-Kitarovic's council for economic affairs regarding monetary policy.

HNB governor: Era of low interest rates ending soon

Croatian National Bank (HNB) Governor Boris Vujcic has said that the ongoing period of low interest rates is nearing an end.

Croatian National Bank to continue expansive monetary policy in 2017

Croatian National Bank (HNB) Governor Boris Vujcic said on Wednesday that the central bank would continue its expansive monetary policy next year, warning that Croatia should become more structurally effective and competitive and work on strengthening resilience to changes to financial circumstances in the world.

Vujcic: GDP growth faster than expected, debt remains main risk

The Croatian National Bank (HNB) has revised upward its GDP growth projection for 2016 to 2.3% because of the faster-than-expected increases in domestic consumption and investments, but the high levels of public and foreign debt still pose the largest downside risk to the country, HNB Governor Boris Vujcic said on Thursday.

Croatia ranks low in EU in digital economy but making progress

Croatian National Bank governor Boris Vujcic said ICT was the most propulsive sector in Croatia, with a 33 percent increase in software exports, which he said raised Croatia's digital economy export rating, although generally it lagged behind in that sector.

Cenbank governor: Croatia should join Banking Union when completed

"It is important that we realise that reforms must be implemented and that they have to be above any political interests," Vujcic concluded.

Cen bank governor says structural reforms necessary to boost growth

Vujcic said this at the 19th edition of the expert conference called "Croatian Money Market", held in the northern Adriatic resort of Opatija on Thursday.

World Bank vice president for Europe, central Asia completes Croatia visit

The World Bank officials also held meetings at the President’s and the Prime Minister’s offices and with the diplomatic community, "to discuss Croatia's reform agenda and reconfirm the World Bank Group's commitment and support to the Government's efforts."

Central bank governor says GDP growing on healthy foundations

He voiced optimism, underlining however, that reforms were necessary in all sectors -- the public administration, judiciary, the health sector, education.

HNB governor: Indebtedness and lack of collateral limiting growth in loans

The central bank governor noted that analyses show that economic recovery of the growth of GDP is followed by growing loans.

Central bank governor says situation with bad loans improving

Vujcic announced that he would soon conduct talks with European Commission officials with the aim of obtaining final confirmation of the HNB's interpretation.

HNB governor: 2016 budget within expected limits

Croatian National Bank (HNB) Governor Boris Vujcic said on Friday that the proposed 2016 budget was within expected limits and that the HNB too estimated that this year GDP would grow at a rate of about two percent.

HNB governor: Croatia may join ERM II by 2020 rather than EMU

On Tuesday, Prime Minister Oreskovic said during his visit to Berlin that he had talked with Governor Vujcic about launching the process of introducing the euro in two years and for the process to be completed in four years.

Gov't, IMF officials hold meeting

Finance Minister Zdravko Maric said before the meeting with the IMF delegation that the appointment of the new government had coincided with a change at the helm of the IMF Mission in Croatia and that its new head Khaled Sakr had come to introduce himself.

Croatian cenbank governor hints at new guarantee scheme for SMEs

Croatian National Bank (HNB) Governor Boris Vujcic has announced a meeting next month with the new government, commercial banks and European financial institutions in a bid to create a new guarantee scheme aimed at encouraging lending to small and medium enterprises.

Cen Bank governor doesn't expect pressure from new gov't

Vujcic reiterated that the HNB was an independent institution under the Croatian laws and must not receive instructions from outside.

Govt. influence on monetary policy unacceptable, says central bank governor

"I don't know that something like that exists in other countries," he said, adding that Bosnia and Herzegovina has a currency committee which irreversibly fixes the exchange rate but that it would be a bad solution.

MOST official says HNB governor supports party's reforms

According to the statement, Vujcic stressed that structural reforms were necessary and that he was happy that Bridge advocated reforms, 

HNB governor: Political deadlock would risk recovery

Any delay risks discouraging investors who've already reacted to the ballot by pushing up Croatian bond yields and selling the kuna, he said.

Cenbank governor revises upward forecast for Croatia's growth

The HNB also revised upward the inital growth forecast for 2016 from 0.9% to 1.5%.