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Ministers no longer in SB of public companies

ZAGREB - "All companies in major ownership of the state need to adopt anti-corruption plans by year-end", PM Jadranka Kosor said at today's government session. PM also announced 'considerable' changes in financing of political parties and in handling state audit reports. "We will investigate what happened to past reports made by the state audit office so that these do not end up in drawers", Kosor stressed, adding that Croatian Railways (HŽ), Janaf and HRT are the first to be inspected. "Each public company will be obligated to explain an independent auditor's report online, along with their public supply system and three-year Business plans", PM added. For supplying any goods worth over HRK 6mn and works worth more than HRK 12mn, the supplier will be obligated to sign an integrity statement to guarantee the regularity of the procedure. Finance Minister Ivan Šuker welcomed the decision for ministers not to be members of supervisory boards and stressed the role of independent audit companies in preventing corruption. (Source: www.seebiz.eu)

Parliament discusses introducing property tax

In Parliament on Thursday during a debate over the 2010 draft budget, the opposition demanded the introduction of a property tax, to which Minister of Finance Ivan Suker said that the existing rates needed to be changed, but that this was not something that could be done overnight, given the disorganized state of land registries."No one is saying that we don't have to change the quasi-property tax, which is a remnant of past times, or that we should allow that it continue to be paid based on the size of the property in question. But such a measure requires long-term preparation," Suker said. He dismissed the opposition's claims about income taxes being too high, saying that most of the income tax revenues were spent on pension and health contributions, which he said could not be reduced at a time when pension allocations exceeded revenues from contributions by HRK 14 billion. Suker said that one of the government's key tasks in the years to come would be to reform the pension insurance system, namely to increase the rate of payments for the second pension pillar, which is based on private insurance funds. Opposition deputies, however, insisted that citizens and the Business sector were financing an excessively expensive state and that projections for 2011 and 2012 showed that the government did not intend to cut public spending. "What the government is telling us with this budget is this: You who create value will have to carry all the burden, and we can't be bothered to even think about you," said Slavko Linic of the Social Democratic Party (SDP). (Source: daily.tportal.hr)

HAC gave Zuzuls jobs worth HRK 1bn

Skladgradnja was founded in 2003 by brothers Slaven and Jozo Zuzul, first cousins of former foreign minister Miomir Zuzul. In just a few years it grew from a subcontractor in Split and Trogir shipyards to become a company that earned HRK 210m in five years, with a five-year growth of amazing 6,578 percent… (Source: www.limun.hr, original text was published in Jutarnji List)

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42000 Varazdin * Medimurska 28 * Croatia * Tel: +385-42-660961 * Fax: +385-42-660969 * http://www.fima.com * e-mail: research@fima.com

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