Governor, Croatian National Bank Zeljko Rohatinski of Croatia
Rohatinski said that the national currency, the kuna, must remain stable.
Rohatinski said that projections of economic growth above 6% in 2008 were no longer realistic.
The International Monetary Fund has urged Croatia to reduce its external deficit and governor Zeljko Rohatinski said the central bank would continue to keep a lid on credit expansion -- financed mostly by banks borrowing abroad -- in order to contain high foreign debt.
Rohatinski said this year's credit expansion would fall to 13.
Rohatinski said Croatia's current account deficit in 2007 would rise to 8.
DECELERATIONRohatinski: Economic growth only 1 pctGovernor of the Croatian National Bank Zeljko Rohatinski has lowered economic growth expectations for 2009, now down to 1%, says the Vecernji List daily newspaper.
Croatia - IMFHNB: Croatia doesn't need stand-by with IMFCroatian National Bank (HNB) Governor Zeljko Rohatinski said on Thursday that Croatia did not need a stand-by arrangement with the IMF for the time being.
With a responsible policy at home and on condition there is no credit breakdown on foreign markets, we see no need for a stand-by arrangement at present, Rohatinski said at a news conference.
Should that potentially fast accession become questionable, considering the current indicators, we could also expect a drop in the credit rating," Rohatinski said when asked by reporters how Slovenia's blockade of Croatia's EU entry talks could reflect on its position.
level of public communication in Croatia.
ZAGREB, Nov 7 (Reuters) - Croatias economic growth will slow considerably next year but the central bank will do all it can to keep the exchange rate stable and avoid recession, central bank Governor Zeljko Rohatinski said on Friday.
Governor Zeljko Rohatinski was quoted by state-run HRT TV as saying that the country's gross domestic product will grow by 5.
Rohatinski was reported as saying that GDP growth will likely slow down to some 5 percent in 2008.
According to the report Rohatinski said the Central Bank will continue to keep the lid on credit expansion.
The Munich-based BayernLB needed approval from the Croatian Central Bank to operate the Croatian-based branch of Austrian Hypo Alpe-Adria-Bank, in which it acquired a majority stake in MayGovernor Zeljko Rohatinski said in a statement Thursday that the "judgment of BLB's previous management in Croatia" was crucial in denying the approval.
in 2007, central bank governor Zeljko Rohatinski said on Tuesday.
by banks borrowing abroad -- in order to contain the high foreign debt.
Foreign Debt Will Reach 21 Billion By Year's End Zagreb, September 12, 2003 - Croatian National Bank Governor Zeljko Rohatinski said yesterday that measures enacted earlier this year to curb imports had proven effective and had not raised interest rates.
imports had proven effective and had not raised interest rates.
on July 12, 2000 pursuant to the decision of the Croatian Parliament.
Governor Zeljko Rohatinski said in a statement Thursday that the "judgment of BLBs previous management in Croatia" was crucial in denying the approval.
Rohatinski said BayernLBs acts in the Rijecka Banka crisis were "far below (the) professional level that should have been expected of a bank of such reputation.
Rohatinski said its behavior in the past in Croatia was "far below professional levels.
Zeljko Rohatinski was born on August 3, 1951 in Zagreb, Croatia.
Rohatinski has been awarded several international scholarships (among others the Fulbright grant); he has written a number of scholarly papers on economic issues, the book Vremenska dimenzija ekonomske aktivnosti drustva (Time dimension of society's economic activity) and A Road to Low Inflation (as a co-author.
Governor Zeljko Rohatinski has warned Prime Minister Sanader that he is embarking on a dangerous gamble Presenting the proposed 2009 national budget last Friday, which foresees a deficit of 4.
Employers without creditReacting to a proposed national budget that foresees a deficit in excess of 4 billion kuna, Croatian National Bank governor Zeljko Rohatinski has told Government that the central bank will no longer be able to influence the liquidity of domestic banks.
Rohatinski said that projections of economic growth above six percent in 2008 are not factual anymore.
country's gross domestic product will grow by 5.
Rohatinski said foreign debt is expected to stabilize at around 85.
Rohatinski has been awarded several international scholarships (among others the Fulbright grant); he has written a number of scholarly papers on economic issues, the book "Vremenska dimenzija ekonomske aktivnosti drustva" and "A Road to Low Inflation" (as a co-author.
Zeljko Rohatinski was appointed Governor of the Croatian National Bank on July 12, 2000 pursuant to the decision of the Croatian Parliament No.
Rohatinski said that the central bank's message must have been misunderstood.
ZAGREB, Dec 18 (Reuters) - Croatia's growth will slow to one percent next year but the central bank will carefully manage local liquidity to avoid recession and defend the exchange rate, Governor Zeljko Rohatinski said on Thursday.
Rohatinski said external imbalances had increased further this year, with the current account widening to 11 percent of gross domestic product from 9 percent in 2007 and foreign debt rising to the equivalent of 93 percent of GDP from 89 percent.
Rohatinski said inflation should slow to below 4 percent year-on-year in December, from 5.