Croatia’s Vujčić on tackling NPLs and home-host supervision
Governor Boris Vujčić explains why dealing firmly with NPLs via ‘provisioning clock’ does not choke growth
What policies did you want to implement as governor of the Croatian National Bank?
I had already been deputy governor for two mandates, so I was looking at a continuation of the policies we had already had. I had also been deputy chief negotiator with the European Union over the terms of Croatia’s entry, so I had to stop that.
What role did you play in negotiating with the EU?
I started doing it in 2005. I was in charge of all negotiations over the financial sector. It was interesting. I had
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