Croatia to Cut Employer Health Contributions to 7% by 2016

Croatia plans to cut employers’ mandatory health-fund contributions by almost a half to seven percent by 2016 to boost the country’s competitiveness, Finance Minister Slavko Linic said.

“We plan to have this done by the end of our mandate,” Linic told entrepreneurs at a conference in Zagreb today.

The nine-month-old government of Prime Minister Zoran Milanovic reduced health contributions to 13 from 15 percent earlier this year.

To contact the reporter on this story: Jasmina Kuzmanovic in Zagreb at jkuzmanovic@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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