Prime Minister Says Croatia Will Consistently Implement Sanctions Against Russia

Also, the war in Ukraine is going to disrupt supply chains in agriculture because Ukraine is one of the major exporters of cereals and oilseeds to the European Union.

“The government is analyzing all the consequences of this situation, and will take all necessary measures accordingly so as to protect Croatian citizens and businesses and reduce the repercussions for everyday life,” said the PM.

Next week, Plenković will attend an informal meeting of the European Council, which will focus on the aggression against Ukraine and on reinforcing various aspects of European sovereignty.

He recalled that Croatian Postal Bank (HPB) took over Sberbank Croatia and the government managed to ensure this transaction in a record short time.

“We have helped that sound bank to survive now as part of HPB and also to reassure its deposit holders and clients by this rapid response.”

Furthermore, this transaction has increased HPB’s share in the Croatian banking market to nearly 8%, and Plenković added that none of Sberbank subsidiaries in Europe had been liquidated.

 For more, check out our politics section.

 

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