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02 December 2008 The on-line newspaper devoted to the world of transports 12:32 GMT+1



October 11, 2007
(posted Oct. 9)

Croatia Needs Post-Election Cuts to Shipyard Aid, Drobnjak Says

By James G. Neuger

Oct. 9 (Bloomberg) -- Croatia's next government will have to cut subsidies to the shipbuilding industry to move on with efforts to join the European Union, the country's top EU negotiator said.
With 11,000 jobs at stake at five main shipyards, Croatia has put off the subsidy cuts until after elections on Nov. 25. Prime Minister Ivo Sanader is trying to make up an opinion-poll deficit in his quest for a second term ......
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