Croatian Prime Minister, Andrej Plenković, presented a set of measures to aid the economy worth more than HRK 30bn.

Yesterday, the Prime Minister of Croatia presented a set of measures in the Croatian Parliament to aid the economy.  

To aid the economy during the epidemic, the government has prepared, at this stage, 63 measures, through 19 laws and a series of by-laws.

The government has prepared the following measures:

• Delay of income tax, contributions – for pension and health insurance – for three months, with the possibility of extension for another three months.
• Interest-free loans to municipalities, cities and counties, Croatian Health Insurance Fund (HZZO) and Croatian Pension Insurance Institute (HZMO) up to the amount of income tax, surtax and contributions whose payment has been deferred and/or installment payment is approved.
• Croatian Bank for Reconstruction and Development (HBOR) and the commercial banks, are ready for the moratoriums / postponement of credit obligations, to provide working capital and funds for reprogramming existing loans. For example: liquidity loans to businesses to finance wages, overheads and other basic operating expenses.
• The government will finance 100% of the cost of the minimum net wage per full-time employee provided the employers do not lay off workers. Employers can on top of that pay an additional part of their salary, which is encouraged through measures to delay the payment of health and pension contributions and the payment of taxes.

Sectoral measures:

• Postponement of payment of tourist membership fees and tourist taxes
• Extend the duration of the “permanent season worker” by 6 months
• Increase of funds for micro loans, working capital for micro and small business up to EUR 25,000, with a grace period of 12 months
• Accelerated payments of up to 75% of claims for payments for EU projects
• Postponement of rent payment to tenants and users of state-owned agricultural land (rent payments for land on which camps are located)