Franak Associations Calls on the Croatian National Bank Governor to Resign

Total Croatia News

The debate about the Swiss Franc loans to Euro continues.

Members of the Franak Association have organized a protest today to support the government in its efforts to resolve the crisis of loans in Swiss francs, and also to express their dissatisfaction with the work of the Croatian National Bank (HNB) Governor Boris Vujčić, reports Jutarnji List on September 16, 2015.

One of the coordinators of the event, Ružica Jureta Mrganić, pointed out that this will not be a huge rally since they expect only a few hundred members from Zagreb and the rest of Croatia, but just a warning and a show of support to the government to solve the problem of loans in Swiss francs. The protest is taking place in front of the Croatian National Bank building.

“Franak Association believes it is unacceptable that HNB is trying to intimidate the citizens and the government. With its decision on the conversion of loans in Swiss francs into euros, the government wants to protect citizens. We demand the resignation and prosecution of governor Boris Vujčić for manipulation and intimidation of public, failure to disclose information and giving false information. We call on the Attorney’s Office to urgently and thoroughly investigate the operations of HNB on suspicion of numerous irregularities”, said Jureta Mrganić.

Franak Association has already rejected the warnings of HNB which were submitted last week to the finance minister Boris Lalovac, in which the central bank said that the government model of conversion of loans in Swiss francs into euros could bring down the exchange rate and the country’s credit rating. The Association has called on the Parliamentary Committee for Finance and Budget to start working in the interest of the people who pay its salaries.

The protesters are carrying familiar placards, saying, among other things: “Loans in francs are a cancer of our society”, “Franc loans are unconstitutional and immoral”, “Swiss franc takes its toll”…


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