Banks Prepare to Sue Croatia Over Swiss Franc Loans LawBoris Groendahl and Jasmina Kuzmanovic
Five foreign banks sent `pre-notices of dispute' to government
Parliament to vote on law after central bank warned of risks
Five foreign banks are preparing to sue Croatia at the International Center for Settlement of Investment Disputes in Washington should the government continue with its plan to convert loans denominated in Swiss francs into euros over the banks’ protests.
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