Identifier
Created
Classification
Origin
92ZAGREB1056
1992-06-26 13:51:00
UNCLASSIFIED
Embassy Zagreb
Cable title:
ZAGREB UPDATE: JUNE 26, 1992
how-toThis record is a partial extract of the original cable. The full text of the original cable is not available. 261351Z Jun 92 UNCLASSIFIED UNCLASSIFIED PAGE 02 ZAGREB 01056 01 OF 03 261351Z AMCONSUL MILAN AMEMBASSY MOSCOW AMCONSUL MUNICH AMEMBASSY PARIS AMEMBASSY ROME AMEMBASSY THE HAGUE AMEMBASSY VIENNA USMISSION USNATO USMISSION USUN NEW YORK USEC BRUSSELS WHITE HOUSE WASHDC 0579 USMISSION GENEVA DEPTTREASURY WASHDC
UNCLAS SECTION 01 OF 03 ZAGREB 01056
SIPDIS
VIENNA ALSO FOR USDEL CSBM; ISLAMABAD FOR POL/JPOGUE;
HELSINKI FOR CSCE
-
E.O. 12356:N/A
TAGS: PGOV PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS
SUBJECT: ZAGREB UPDATE: JUNE 26, 1992
REF: PARIS 17530 (NOTAL)
SUMMARY
-------
UNCLAS SECTION 01 OF 03 ZAGREB 01056
SIPDIS
VIENNA ALSO FOR USDEL CSBM; ISLAMABAD FOR POL/JPOGUE;
HELSINKI FOR CSCE
-
E.O. 12356:N/A
TAGS: PGOV PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS
SUBJECT: ZAGREB UPDATE: JUNE 26, 1992
REF: PARIS 17530 (NOTAL)
SUMMARY
--------------
1. LOCAL PRESS REPORTS IT IS ALL QUIET TODAY ON THE
DRNIS FRONT, BUT UNPROFOR HAS POSTPONED ITS TAKEOVER
OF SECTOR SOUTH UNTIL THE CEASEFIRE IS RESPECTED.
UNCLASSIFIED
UNCLASSIFIED
PAGE 03 ZAGREB 01056 01 OF 03 261351Z
PRESIDENT TUDJMAN TOLD THE FRENCH PAPER "LE FIGARO"
THAT CROATIA WILL NOT IGNORE THE PERIL OF CROATIANS
IN BOSNIA-HERCEGOVINA BUT CROATIAN ARMY FORCES ARE
NOT NOW ENGAGED. MILITARY COURT OFFICIALS IN OSIJEK
ARE BUSY WITH PROSECUTIONS OF PROPERTY CRIMES AND
INCREASED VIOLENCE. THE NATIONAL BANK PLANS A TIGHT
MONETARY POLICY IT HOPES WILL CAP QUARTERLY INFLATION
AT 52 PERCENT. END SUMMARY.
ALL QUIET ON THE DRNIS FRONT
--------------
2. NO FURTHER ACTION HAS BEEN REPORTED IN THE ZAGREB
PRESS FROM THE BATTLEFIELD AROUND SIBENIK, INCLUDING
THE MILJEVCI PLATEAU. THE LATTER AREA, PART OF THE
"PINK ZONE" SOME 15 KMS FROM SIBENIK, WAS THE SITE OF
THE CROATIAN MILITARY ADVANCE EARLIER THIS WEEK WHICH
PUT INTO JEOPARDY UNPROFOR'S EFFORTS TO TAKE OVER
SECTOR SOUTH.
UNPROFOR DELAYS TAKEOVER OF SECTOR SOUTH
--------------
3. AT A JUNE 25 MEETING IN ZADAR, UNPROFOR
COORDINATOR FOR CIVILIAN QUESTIONS, VICTOR ANDREJEV,
INFORMED THE REPRESENTATIVES OF THE ZADAR, GRACAC,
OBROVAC, BENKOVAC, BIOGRAD, SINJ, AND KNIN COUNTIES
THAT UNPROFOR HAS POSTPONED THE TAKEOVER OF FULL
CONTROL OVER SECTOR SOUTH. ANDREJEV SAID UNPROFOR
WILL TAKE
CONTROL OF SECTOR SOUTH WHEN THE CEASEFIRE IS
"RESPECTED."
UNCLASSIFIED
UNCLASSIFIED
PAGE 04 ZAGREB 01056 01 OF 03 261351Z
MILITARY PROSECUTORS CRACKING DOWN ON LAWLESSNESS
-------------- ---
4. THE CROATIAN MILITARY PROSECUTOR FOR OSIJEK,
UNCLASSIFIED
NNNN
UNCLASSIFIED
PAGE 01 ZAGREB 01056 02 OF 03 261352Z
ACTION EUR-01
INFO LOG-00 AGRE-00 AID-01 AMAD-01 CEA-01 CIAE-00 PFIP-01
CTME-00 C-01 DODE-00 ITCE-00 CISA-02 DS-00 EAP-01
EB-01 EXME-00 E-01 FRB-01 HA-09 H-01 INRE-00
INR-01 IO-19 ITC-01 JUSE-00 LAB-04 L-03 ADS-00
NEA-01 NSAE-00 OIC-02 OMB-01 OPIC-08 PA-02 PM-01
PRS-01 P-01 RP-10 SCT-03 SDEL-01 SIL-01 SNP-01
SP-01 SR-01 SSO-00 SS-01 STR-20 T-01 USIE-00
/107W
-------------- 4383B6 261352Z /38
O 261351Z JUN 92
FM AMCONSUL ZAGREB
TO SECSTATE WASHDC IMMEDIATE 1256
INFO AMEMBASSY BELGRADE IMMEDIATE
USIA WASHDC 1707
USDOC WASHDC
AMEMBASSY ANKARA
AMEMBASSY ATHENS
AMEMBASSY BEIJING
AMEMBASSY BONN
AMEMBASSY BRUSSELS
AMEMBASSY BUDAPEST
AMEMBASSY HELSINKI
AMEMBASSY ISLAMABAD
AMEMBASSY KIEV
AMEMBASSY LISBON
AMEMBASSY LONDON
AMEMBASSY LUXEMBOURG
UNCLASSIFIED
UNCLASSIFIED
PAGE 02 ZAGREB 01056 02 OF 03 261352Z
AMEMBASSY MADRID
AMCONSUL MILAN
AMEMBASSY MOSCOW
AMCONSUL MUNICH
AMEMBASSY PARIS
AMEMBASSY ROME
AMEMBASSY THE HAGUE
AMEMBASSY VIENNA
USMISSION USNATO
USMISSION USUN NEW YORK
USEC BRUSSELS
WHITE HOUSE WASHDC 0580
USMISSION GENEVA
DEPTTREASURY WASHDC
UNCLAS SECTION 02 OF 03 ZAGREB 01056
SIPDIS
VIENNA ALSO FOR USDEL CSBM; ISLAMABAD FOR POL/JPOGUE;
HELSINKI FOR CSCE
-
E.O. 12356:N/A
TAGS: PGOV PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS
SUBJECT: ZAGREB UPDATE: JUNE 26, 1992
BORIS BOBETIC, TOLD A PRESS CONFERENCE THAT HIS
OFFICE IS INVESTIGATING A GREATLY INCREASED NUMBER OF
CRIMINAL OFFENCES IN EASTERN SLAVONIA, ESPECIALLY
THEFT, ILLEGAL ARMS SALES, AND ATTACKS ON PRIVATE
HOMES, SHOPS, AND CARS. BOBETIC SAID HE HAS RECEIVED
1,444 COMPLAINTS AGAINST 8,396 INDIVIDUALS SO FAR
THIS YEAR. SOME 6,000 CASES HAVE BEEN AJUDICATED;
UNCLASSIFIED
UNCLASSIFIED
PAGE 03 ZAGREB 01056 02 OF 03 261352Z
THE OTHERS ARE UNDER INVESTIGATION. INDICTMENTS ARE
PENDING AGAINST 2,446 PERSONS, INCLUDING 450
SOLDIERS. THE CROATIAN MINISTRY FOR DEFENSE ALSO
REPORTEDLY PLANS TO PURSUE 30 DRAFT DODGERS.
TUDJMAN'S "LE FIGARO" INTERVIEW
--------------
5. PRESIDENT FRANJO TUDJMAN TOLD THE PARIS "LE
FIGARO" THAT "IF WAR CONTINUES IN BOSNIA AND
HERCEGOVINA, CROATIA WILL HAVE TO INTERVENE."
ACCORDING TO TUDJMAN, CROATIA IS FOR A PEACEFUL
SOLUTION IF THIS IS POSSIBLE. IN CASE A MILITARY
INTERVENTION WOULD BE NECESSARY TO RESTORE THE PEACE,
THE PRESIDENT IS FOR MORE EFFICACIOUS MEASURES SUCH
AS AN AIR AND NAVAL BLOCKADE BY ALLIED AND/OR NATO
FORCES. THE MAIN PART OF TUDJMAN'S INTERVIEW WAS
DEDICATED TO CROATIAN-BOSNIAN RELATIONS. HE STRESSED
AGAIN THAT NO MILITARY PACT HAS BEEN SIGNED BETWEEN
CROATIA AND BOSNIA-HERCEGOVINA. HE POINTED OUT THAT
THE GOAL OF CROATS AND MUSLIMS IS TO ESTABLISH
MILITARY COOPERATION WHICH WOULD ENABLE THEM TO
DEFEND THEMSELVES FROM AGGRESSION IN B-H. IF CROATS
IN NEIGHBORING B-H WOULD BE THREATENED WITH
ANNIHILATION, CROATIA WILL BE OBLIGED "TO DO
SOMETHING TO HELP THEM." TUDJMAN ASSERTED THAT AT
THE MOMENT NO REGULAR CROATIAN ARMY IS FIGHTING IN
B-H. (EMBASSY PARIS HAS PROVIDED A FULLER VERSION OF
THIS INTERVIEW IN REFTEL.)
NATIONAL BANK PLAN HOPES TO CAP INFLATION
UNCLASSIFIED
UNCLASSIFIED
PAGE 04 ZAGREB 01056 02 OF 03 261352Z
--------------
6. THE COUNCIL OF THE NATIONAL BANK OF CROATIA AT
ITS JUNE 25 SESSION ESTABLISHED A MONETARY-CREDIT
POLICY FOR THE THIRD QUARTER OF 1992 WHICH IT
CONSIDERS "RESTRICTIVE" AND WHICH WILL TRY TO CONTROL
UNCLASSIFIED
NNNN
UNCLASSIFIED
PAGE 01 ZAGREB 01056 03 OF 03 261353Z
ACTION EUR-01
INFO LOG-00 AGRE-00 AID-01 AMAD-01 CEA-01 CIAE-00 PFIP-01
CTME-00 C-01 DODE-00 ITCE-00 CISA-02 DS-00 EAP-01
EB-01 EXME-00 E-01 FRB-01 HA-09 H-01 INRE-00
INR-01 IO-19 ITC-01 JUSE-00 LAB-04 L-03 ADS-00
NEA-01 NSAE-00 OIC-02 OMB-01 OPIC-08 PA-02 PM-01
PRS-01 P-01 RP-10 SCT-03 SDEL-01 SIL-01 SNP-01
SP-01 SR-01 SSO-00 SS-01 STR-20 T-01 /107W
-------------- 4383C2 261353Z /38
O 261351Z JUN 92
FM AMCONSUL ZAGREB
TO SECSTATE WASHDC IMMEDIATE 1257
INFO AMEMBASSY BELGRADE IMMEDIATE
USIA WASHDC 1708
USDOC WASHDC
AMEMBASSY ANKARA
AMEMBASSY ATHENS
AMEMBASSY BEIJING
AMEMBASSY BONN
AMEMBASSY BRUSSELS
AMEMBASSY BUDAPEST
AMEMBASSY HELSINKI
AMEMBASSY ISLAMABAD
AMEMBASSY KIEV
AMEMBASSY LISBON
AMEMBASSY LONDON
AMEMBASSY LUXEMBOURG
AMEMBASSY MADRID
UNCLASSIFIED
UNCLASSIFIED
PAGE 02 ZAGREB 01056 03 OF 03 261353Z
AMCONSUL MILAN
AMEMBASSY MOSCOW
AMCONSUL MUNICH
AMEMBASSY PARIS
AMEMBASSY ROME
AMEMBASSY THE HAGUE
AMEMBASSY VIENNA
USMISSION USNATO
USMISSION USUN NEW YORK
USEC BRUSSELS
WHITE HOUSE WASHDC 0581
USMISSION GENEVA
DEPTTREASURY WASHDC
UNCLAS SECTION 03 OF 03 ZAGREB 01056
SIPDIS
VIENNA ALSO FOR USDEL CSBM; ISLAMABAD FOR POL/JPOGUE;
HELSINKI FOR CSCE
-
E.O. 12356:N/A
TAGS: PGOV PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS
SUBJECT: ZAGREB UPDATE: JUNE 26, 1992
INCOME AND PRICES. IT EXPECTS NEXT QUARTER INFLATION
WILL BE HELD TO 15 PERCENT PER MONTH. THE MONEY
SUPPLY WILL BE ALLOWED TO GROW BY 45.9 PERCENT, AN
INCREASE FROM THE PRIMARY ISSUE OF SOME 29.4 BILLION
DINARS. THE COUNCIL OF THE NATIONAL BANK HAS STATED
THAT IT WILL HOLD ON TO THIS STRICT MONETARY POLICY
DESPITE PRESSURES TO LOOSEN UP.
UNCLASSIFIED
UNCLASSIFIED
PAGE 03 ZAGREB 01056 03 OF 03 261353Z
EINIK
UNCLASSIFIED
NNNN
SIPDIS
VIENNA ALSO FOR USDEL CSBM; ISLAMABAD FOR POL/JPOGUE;
HELSINKI FOR CSCE
-
E.O. 12356:N/A
TAGS: PGOV PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS
SUBJECT: ZAGREB UPDATE: JUNE 26, 1992
REF: PARIS 17530 (NOTAL)
SUMMARY
--------------
1. LOCAL PRESS REPORTS IT IS ALL QUIET TODAY ON THE
DRNIS FRONT, BUT UNPROFOR HAS POSTPONED ITS TAKEOVER
OF SECTOR SOUTH UNTIL THE CEASEFIRE IS RESPECTED.
UNCLASSIFIED
UNCLASSIFIED
PAGE 03 ZAGREB 01056 01 OF 03 261351Z
PRESIDENT TUDJMAN TOLD THE FRENCH PAPER "LE FIGARO"
THAT CROATIA WILL NOT IGNORE THE PERIL OF CROATIANS
IN BOSNIA-HERCEGOVINA BUT CROATIAN ARMY FORCES ARE
NOT NOW ENGAGED. MILITARY COURT OFFICIALS IN OSIJEK
ARE BUSY WITH PROSECUTIONS OF PROPERTY CRIMES AND
INCREASED VIOLENCE. THE NATIONAL BANK PLANS A TIGHT
MONETARY POLICY IT HOPES WILL CAP QUARTERLY INFLATION
AT 52 PERCENT. END SUMMARY.
ALL QUIET ON THE DRNIS FRONT
--------------
2. NO FURTHER ACTION HAS BEEN REPORTED IN THE ZAGREB
PRESS FROM THE BATTLEFIELD AROUND SIBENIK, INCLUDING
THE MILJEVCI PLATEAU. THE LATTER AREA, PART OF THE
"PINK ZONE" SOME 15 KMS FROM SIBENIK, WAS THE SITE OF
THE CROATIAN MILITARY ADVANCE EARLIER THIS WEEK WHICH
PUT INTO JEOPARDY UNPROFOR'S EFFORTS TO TAKE OVER
SECTOR SOUTH.
UNPROFOR DELAYS TAKEOVER OF SECTOR SOUTH
--------------
3. AT A JUNE 25 MEETING IN ZADAR, UNPROFOR
COORDINATOR FOR CIVILIAN QUESTIONS, VICTOR ANDREJEV,
INFORMED THE REPRESENTATIVES OF THE ZADAR, GRACAC,
OBROVAC, BENKOVAC, BIOGRAD, SINJ, AND KNIN COUNTIES
THAT UNPROFOR HAS POSTPONED THE TAKEOVER OF FULL
CONTROL OVER SECTOR SOUTH. ANDREJEV SAID UNPROFOR
WILL TAKE
CONTROL OF SECTOR SOUTH WHEN THE CEASEFIRE IS
"RESPECTED."
UNCLASSIFIED
UNCLASSIFIED
PAGE 04 ZAGREB 01056 01 OF 03 261351Z
MILITARY PROSECUTORS CRACKING DOWN ON LAWLESSNESS
-------------- ---
4. THE CROATIAN MILITARY PROSECUTOR FOR OSIJEK,
UNCLASSIFIED
NNNN
UNCLASSIFIED
PAGE 01 ZAGREB 01056 02 OF 03 261352Z
ACTION EUR-01
INFO LOG-00 AGRE-00 AID-01 AMAD-01 CEA-01 CIAE-00 PFIP-01
CTME-00 C-01 DODE-00 ITCE-00 CISA-02 DS-00 EAP-01
EB-01 EXME-00 E-01 FRB-01 HA-09 H-01 INRE-00
INR-01 IO-19 ITC-01 JUSE-00 LAB-04 L-03 ADS-00
NEA-01 NSAE-00 OIC-02 OMB-01 OPIC-08 PA-02 PM-01
PRS-01 P-01 RP-10 SCT-03 SDEL-01 SIL-01 SNP-01
SP-01 SR-01 SSO-00 SS-01 STR-20 T-01 USIE-00
/107W
-------------- 4383B6 261352Z /38
O 261351Z JUN 92
FM AMCONSUL ZAGREB
TO SECSTATE WASHDC IMMEDIATE 1256
INFO AMEMBASSY BELGRADE IMMEDIATE
USIA WASHDC 1707
USDOC WASHDC
AMEMBASSY ANKARA
AMEMBASSY ATHENS
AMEMBASSY BEIJING
AMEMBASSY BONN
AMEMBASSY BRUSSELS
AMEMBASSY BUDAPEST
AMEMBASSY HELSINKI
AMEMBASSY ISLAMABAD
AMEMBASSY KIEV
AMEMBASSY LISBON
AMEMBASSY LONDON
AMEMBASSY LUXEMBOURG
UNCLASSIFIED
UNCLASSIFIED
PAGE 02 ZAGREB 01056 02 OF 03 261352Z
AMEMBASSY MADRID
AMCONSUL MILAN
AMEMBASSY MOSCOW
AMCONSUL MUNICH
AMEMBASSY PARIS
AMEMBASSY ROME
AMEMBASSY THE HAGUE
AMEMBASSY VIENNA
USMISSION USNATO
USMISSION USUN NEW YORK
USEC BRUSSELS
WHITE HOUSE WASHDC 0580
USMISSION GENEVA
DEPTTREASURY WASHDC
UNCLAS SECTION 02 OF 03 ZAGREB 01056
SIPDIS
VIENNA ALSO FOR USDEL CSBM; ISLAMABAD FOR POL/JPOGUE;
HELSINKI FOR CSCE
-
E.O. 12356:N/A
TAGS: PGOV PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS
SUBJECT: ZAGREB UPDATE: JUNE 26, 1992
BORIS BOBETIC, TOLD A PRESS CONFERENCE THAT HIS
OFFICE IS INVESTIGATING A GREATLY INCREASED NUMBER OF
CRIMINAL OFFENCES IN EASTERN SLAVONIA, ESPECIALLY
THEFT, ILLEGAL ARMS SALES, AND ATTACKS ON PRIVATE
HOMES, SHOPS, AND CARS. BOBETIC SAID HE HAS RECEIVED
1,444 COMPLAINTS AGAINST 8,396 INDIVIDUALS SO FAR
THIS YEAR. SOME 6,000 CASES HAVE BEEN AJUDICATED;
UNCLASSIFIED
UNCLASSIFIED
PAGE 03 ZAGREB 01056 02 OF 03 261352Z
THE OTHERS ARE UNDER INVESTIGATION. INDICTMENTS ARE
PENDING AGAINST 2,446 PERSONS, INCLUDING 450
SOLDIERS. THE CROATIAN MINISTRY FOR DEFENSE ALSO
REPORTEDLY PLANS TO PURSUE 30 DRAFT DODGERS.
TUDJMAN'S "LE FIGARO" INTERVIEW
--------------
5. PRESIDENT FRANJO TUDJMAN TOLD THE PARIS "LE
FIGARO" THAT "IF WAR CONTINUES IN BOSNIA AND
HERCEGOVINA, CROATIA WILL HAVE TO INTERVENE."
ACCORDING TO TUDJMAN, CROATIA IS FOR A PEACEFUL
SOLUTION IF THIS IS POSSIBLE. IN CASE A MILITARY
INTERVENTION WOULD BE NECESSARY TO RESTORE THE PEACE,
THE PRESIDENT IS FOR MORE EFFICACIOUS MEASURES SUCH
AS AN AIR AND NAVAL BLOCKADE BY ALLIED AND/OR NATO
FORCES. THE MAIN PART OF TUDJMAN'S INTERVIEW WAS
DEDICATED TO CROATIAN-BOSNIAN RELATIONS. HE STRESSED
AGAIN THAT NO MILITARY PACT HAS BEEN SIGNED BETWEEN
CROATIA AND BOSNIA-HERCEGOVINA. HE POINTED OUT THAT
THE GOAL OF CROATS AND MUSLIMS IS TO ESTABLISH
MILITARY COOPERATION WHICH WOULD ENABLE THEM TO
DEFEND THEMSELVES FROM AGGRESSION IN B-H. IF CROATS
IN NEIGHBORING B-H WOULD BE THREATENED WITH
ANNIHILATION, CROATIA WILL BE OBLIGED "TO DO
SOMETHING TO HELP THEM." TUDJMAN ASSERTED THAT AT
THE MOMENT NO REGULAR CROATIAN ARMY IS FIGHTING IN
B-H. (EMBASSY PARIS HAS PROVIDED A FULLER VERSION OF
THIS INTERVIEW IN REFTEL.)
NATIONAL BANK PLAN HOPES TO CAP INFLATION
UNCLASSIFIED
UNCLASSIFIED
PAGE 04 ZAGREB 01056 02 OF 03 261352Z
--------------
6. THE COUNCIL OF THE NATIONAL BANK OF CROATIA AT
ITS JUNE 25 SESSION ESTABLISHED A MONETARY-CREDIT
POLICY FOR THE THIRD QUARTER OF 1992 WHICH IT
CONSIDERS "RESTRICTIVE" AND WHICH WILL TRY TO CONTROL
UNCLASSIFIED
NNNN
UNCLASSIFIED
PAGE 01 ZAGREB 01056 03 OF 03 261353Z
ACTION EUR-01
INFO LOG-00 AGRE-00 AID-01 AMAD-01 CEA-01 CIAE-00 PFIP-01
CTME-00 C-01 DODE-00 ITCE-00 CISA-02 DS-00 EAP-01
EB-01 EXME-00 E-01 FRB-01 HA-09 H-01 INRE-00
INR-01 IO-19 ITC-01 JUSE-00 LAB-04 L-03 ADS-00
NEA-01 NSAE-00 OIC-02 OMB-01 OPIC-08 PA-02 PM-01
PRS-01 P-01 RP-10 SCT-03 SDEL-01 SIL-01 SNP-01
SP-01 SR-01 SSO-00 SS-01 STR-20 T-01 /107W
-------------- 4383C2 261353Z /38
O 261351Z JUN 92
FM AMCONSUL ZAGREB
TO SECSTATE WASHDC IMMEDIATE 1257
INFO AMEMBASSY BELGRADE IMMEDIATE
USIA WASHDC 1708
USDOC WASHDC
AMEMBASSY ANKARA
AMEMBASSY ATHENS
AMEMBASSY BEIJING
AMEMBASSY BONN
AMEMBASSY BRUSSELS
AMEMBASSY BUDAPEST
AMEMBASSY HELSINKI
AMEMBASSY ISLAMABAD
AMEMBASSY KIEV
AMEMBASSY LISBON
AMEMBASSY LONDON
AMEMBASSY LUXEMBOURG
AMEMBASSY MADRID
UNCLASSIFIED
UNCLASSIFIED
PAGE 02 ZAGREB 01056 03 OF 03 261353Z
AMCONSUL MILAN
AMEMBASSY MOSCOW
AMCONSUL MUNICH
AMEMBASSY PARIS
AMEMBASSY ROME
AMEMBASSY THE HAGUE
AMEMBASSY VIENNA
USMISSION USNATO
USMISSION USUN NEW YORK
USEC BRUSSELS
WHITE HOUSE WASHDC 0581
USMISSION GENEVA
DEPTTREASURY WASHDC
UNCLAS SECTION 03 OF 03 ZAGREB 01056
SIPDIS
VIENNA ALSO FOR USDEL CSBM; ISLAMABAD FOR POL/JPOGUE;
HELSINKI FOR CSCE
-
E.O. 12356:N/A
TAGS: PGOV PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS PREL PHUM ECON EFIN HR BK MOPS
SUBJECT: ZAGREB UPDATE: JUNE 26, 1992
INCOME AND PRICES. IT EXPECTS NEXT QUARTER INFLATION
WILL BE HELD TO 15 PERCENT PER MONTH. THE MONEY
SUPPLY WILL BE ALLOWED TO GROW BY 45.9 PERCENT, AN
INCREASE FROM THE PRIMARY ISSUE OF SOME 29.4 BILLION
DINARS. THE COUNCIL OF THE NATIONAL BANK HAS STATED
THAT IT WILL HOLD ON TO THIS STRICT MONETARY POLICY
DESPITE PRESSURES TO LOOSEN UP.
UNCLASSIFIED
UNCLASSIFIED
PAGE 03 ZAGREB 01056 03 OF 03 261353Z
EINIK
UNCLASSIFIED
NNNN