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Croatia: opposition demands no-confidence vote

Over government's handling of the crisis at Agrokor

03 November, 10:51
(ANSA) - TRIESTE - Croatia's opposition parties demanded a no-confidence vote in the government over its handling of the crisis at Agrokor. The government intervened in April because Agrokor, the largest employer in the Balkans, faced a debt and liquidity crisis. Given its importance, the crisis could have destabilized the economy. A debate and vote must take place by early December and the conservative-led coalition has a small but firm parliamentary majority. The opposition led by Social Democrats says a liquidity loan agreed this summer with creditors including foreign investment funds to finance Agrokor's operations through a 15-month period of restructuring lacked transparency and favored some creditors.

"The SDP has a responsibility to expose corrupt activities," the SDP leader Davor Bernardic said. (ANSA).

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