Slovenia, Croatia fail to find solution for bank dispute

Croatian and Slovenian Foreign Ministers Vesna Pusić and Karlo Erjavec failed to reach a final solution for Ljubljanska Banka on Tuesday night in Brussels.

Source: Tanjug
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The ministers did not manage to agree on the beginning of a ratification of Croatia’s EU accession treaty by Slovenia but they agreed to meet again, together with two financial experts, on February 6.

According to Croatian media, Pusić assessed that a solution could be politically defined at the next meeting.

“Slovenia will not be the last country to ratify Croatia’s EU accession treaty,” she said while Erjavec announced a possibility that both governments would in February confirm a solution that would be found by experts.

Slovenia is the only EU member state that still has not started a ratification process of Croatia’s EU accession treaty. Ljubljana has conditioned the ratification with a solution for the bank dispute.

The now defunct Slovenian bank failed to pay old foreign exchange savings to Croatian citizens. A new bank, dubbed Nova Ljubljanska Banka, was formed after Ljubljanska Banka went bankrupt but it only took over the old bank’s capital and not its debts. Ljubljana believes that the old savings issue is a matter of succession among the former Yugoslav republics.

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