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Croatian ruling party: 17,000 euros for young people to start business, billions in investments

Christian Fernsby |
Safe Croatia is the name of the Croatian ruling party HDZ's election program which was adopted on Monday.

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Topics: CROATIA   

The point "Efficient state" states that the number of ministries will be reduced, the number of local officials will be halved, and the territorial reorganization of Croatia and the functional connection of municipalities will be carried out, with further digitalization of public services.

The HDZ government plans to create conditions for the creation of 100,000 new jobs and invest 10 billion kuna in it. By the end of the mandate, the average salary will be HRK 7,600, and the minimum salary at least HRK 4,250. Each young person will be provided with a non-refundable 130,000 kuna (more than 17,000 euros) for self-employment.

As part of the "Demographic Revitalization", it is emphasized that parental benefits in the amount of full salary will be provided, child allowance will be doubled, 20,000 housing loans will be subsidized for young families and extended work will be provided in another 200 kindergartens.

HDZ is also announcing a reduction in the lower income tax rate from 24 percent to 20 percent, and the upper rate from 36 percent to 30 percent. For companies with annual revenues of up to HRK 7.5 million, it will reduce the income tax rate from 12 percent to 10 percent, covering more than 100,000 companies and crafts.

It is stated that it will invest five billion kuna in the modernization of the education system, continue to increase salaries in education and provide 50,000 student, socio-economic and STEM scholarships. It will also invest five billion kuna in innovation, entrepreneurship and new products to digitally transform the industry and increase exports.

It will increase capacity from renewable sources and increase them by 150 percent from the current 900 MW to 2250 MW.

The item entitled "Balanced Development" highlights the promise to invest 30 billion kuna in balanced regional development and new technologies.

It will co-finance the creative industries with an additional HRK 350 million with an emphasis on innovation, including the development of the video game industry.

"We will establish a web booking portal for private accommodation with a commission of up to five percent, create 20,000 new jobs in tourism and encourage the construction of up to 7,000 new hotel rooms by the end of the term," the program said.

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