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Croatia Sack Finance Minister

slavko_linicCroatian Prime Minister Zoran Milanović has sacked controversial Finance Minister Slavko Linić on Tuesday…

Milanović thanked Linić for the work he had done up until now, but said that ‘clean hands’ were the most important thing in his cabinet. Linić made front page news on Monday after daily Jutarnji list revealed that he cost the Croatian tax payer 27 million kuna (3.5 millon EUR) after a purchase of land from a financialy troubled company which was more than five times over-valued. In March it was uncovered that the land in question was valued at 6 million kuna (830,000 EUR), not 33.6 million kuna (4.4 million EUR) which it was estimated at in the bankruptcy settlement when the government bought the land.

“I was not satisfied with Linić’s answer. My criteria is obviously different. I do not want to discuss our meeting,” said Milanović.

Current Deputy Minister of Finance Boris Lalovac will take over the portfolio from Linić.

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