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Croatian PM: Private sector won't be shortchanged in National Recovery and Resilience Plan

Christian Fernsby |
Croatian Prime Minister Andrej Plenković said the private sector would not be shortchanged but significantly participate in the disbursement of EU funds as part of the National Recovery and Resilience Plan.

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Topics: CROATIA   

He was visiting Ivanić-Grad, where the press asked him how the drafting of that plan was coming along and to comment on employers' claims that at least half the European money should go to the private sector.

Plenković said the sector could count on at least 30% of the €6 billion in grants from the Next Generation EU instrument and on participating in the disbursement of other EU funds.

He recalled that Croatia has €24.2 billion in EU funds at its disposal, including €3.5 million in loans from the Next Generation EU and €12.5 billion from the next seven-year EU budget.

The prime minister said the government had given the private sector HRK 9 billion for job retention since the start of the COVID crisis as well as ensuring special liquidity loans.

The government has also "written off a huge chunk of contributions," all of it resulting in employment and unemployment being "within the pre-COVID frameworks," he added.

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