Croatian PM sacks finance minister over property purchase


  • World
  • Tuesday, 06 May 2014

Croatian Prime Minister Zoran Milanovic is seen as he leaves the Elysee Palace in Paris, October 10, 2013. REUTERS/Charles Platiau

ZAGREB (Reuters) - Croatian Prime Minister Zoran Milanovic sacked the finance minister on Tuesday over a property deal he said had hurt the state budget, but economists said Slavko Linic's dismissal would have no impact on fiscal policy.

Croatia, the European Union's newest member, is struggling to exit a recession now into its sixth year but is also under orders from Brussels to slash a budget deficit expected to hit 4.5 percent of gross domestic product (GDP) this year.

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