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ECB says draft Croatian law could harm central bank independence

Proposals would give state auditor “undefined powers” over central bank, ECB says

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ECB: says draft law would reduce independence of the country's central bank

The European Central Bank has issued an opinion strongly criticising a draft law before Croatia's parliament, which the ECB says would reduce the independence of the country's central bank.

The Croatian central bank published the ECB's opinion online, although the ECB itself had not published it on its own website when this article went to press. The opinion, dated October 28 and signed by ECB president Mario Draghi, says the draft law is a revision of an earlier draft law that was also

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