Croatia, Slovenia Solve Bank Dispute, Clear Way to EU Entry
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Croatia and Slovenia solved a banking dispute stemming from the breakup of Yugoslavia, clearing the way for Slovenia to ratify its neighbor’s European Union entry planned for July.
The countries agreed to approach the Bank for International Settlements for a final settlement in a dispute stemming from the breakup of the Yugoslav-era predecessor of Slovenia’s Nova Ljubljanska Banka d.d.. Meantime, Croatia will suspend lawsuits in the matter, according to an announcement in Zagreb today. Croatian and Slovenian premiers Zoran Milanovic and Janez Jansa are expected to sign the agreement on March 11.