HRK 121 Million Earmarked For Vulnerable Sectors In Agriculture

Total Croatia News

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Agriculture Minister Marija Vučković said that HRK 51 million was earmarked for dairy cows, HRK 18.5 million for reproductive sows, HRK 42 million for tobacco production, HRK 8.5 million for the olive oil sector and HRK 1 million for domesticated and native agricultural plants.

The total amount of HRK 121 million will come from the ministry’s state budget allocation and from projections for 2022 and 2023, Vučković said.

The programme is aimed at improving these vulnerable sectors.

Legislative framework by year’s end for euro coins with national side

The government tasked the Finance Ministry with preparing, by the end of the year in cooperation with the Croatian National Bank (HNB), a bill and other necessary acts designating the Ministry as the competent authority for issuing euro coins. These laws will also lay down the procedure for issuing, manufacturing, security, storage, management, supply, replacement, withdrawal and destruction of euro coins.

Currently, HNB has the exclusive right to issue kuna coins, and after adopting the euro currency, Croatia will follow the example of the majority of euro area countries where coins are issued by the relevant ministry.

Finance Minister Zdravko Marić recalled that last year the government had adopted the National Plan to replace the Croatian kuna with the euro and the issuance of coins is one of the significant activities in that process.

The government also endorsed the activities of the Croatian Mint in designing euro coins with the national side, Marić said.

The coins will have to be approved by the European Commission after meeting all the criteria. Marić added that the ministry will also have to arrange possible models of the business relationship with the Croatian Mint before the end of the year.

 

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