roguejuror
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Starting Monday, thousands of Croatia's poorest citizens will benefit from an unusual gift: They will have their debts wiped out. Named "fresh start," the government scheme aims to help some of the 317,000 Croatians whose bank accounts have been blocked due to their debts.
To be eligible, Croats need to fulfill certain criteria: Their debt must be lower than 35,000 kuna ($5,100), and their monthly income should not be higher than 1,250 kuna ($138). Those applying for the scheme are not allowed to own any property or have any savings.
"We assess that this measure will be applicable to some 60,000 citizens, they will be given a chance for a new start without a burden of debt" Deputy Prime Minister Milanka Opacic was quoted as saying by Reuters.
Prime Minister Zoran Milanovic has convinced multiple cities, public and private companies, the country's major telecommunications providers, as well as nine banks to clear some of their citizens of their debt. The government will not refund the companies for their losses.
full article: wapo.st/1KfBxek
To be eligible, Croats need to fulfill certain criteria: Their debt must be lower than 35,000 kuna ($5,100), and their monthly income should not be higher than 1,250 kuna ($138). Those applying for the scheme are not allowed to own any property or have any savings.
"We assess that this measure will be applicable to some 60,000 citizens, they will be given a chance for a new start without a burden of debt" Deputy Prime Minister Milanka Opacic was quoted as saying by Reuters.
Prime Minister Zoran Milanovic has convinced multiple cities, public and private companies, the country's major telecommunications providers, as well as nine banks to clear some of their citizens of their debt. The government will not refund the companies for their losses.
full article: wapo.st/1KfBxek
