Central Banking

Price stability remit for Croatian Cbank

NEWS - The Croatian government sent to parliament on Thursday March 15 new draft legislation aimed at liberalising financial markets and reforming the central bank.

New legislation on foreign currency operations will enable banks' corporate clients to hold deposits and raise credits in hard currencies. Payments of external liabilities and collection of debt will also be more flexible. These moves follow the introduction of a new national clearing system that replaced payments via a central st