Independent journal on economy and transport policy
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Croatia Needs Post-Election Cuts to Shipyard Aid, Drobnjak Says
(Bloomberg)
October 11, 2007
By James G. Neuger
Oct. 9 -- Croatia's next government will have to cut subsidies to the shipbuilding industry to move on with efforts to join the European Union, the country's top EU negotiator said.
With 11,000 jobs at stake at five main shipyards, Croatia has put off the subsidy cuts until after elections on Nov. 25. Prime Minister Ivo Sanader is trying to make up an opinion-poll deficit in his quest for a second term ...... Read more on Bloomberg
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