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An overview of the reactions and consequences after Croatian prime minister Sanader announced his resignation today. Sanader also stepped down as president of the ruling HDZ party. He won a second term in office less than two years ago.
Main opposition leader Zoran Milanović (SDP) said that Croatia needs new elections. Ljubo Jurčić, a foremost economist and half-hearted SPD member, thinks that Sanader's resignation will lead to "tectonic changes" in the HDZ party as Sanader was "more than half of HDZ". Jurčić was mentioned as SPD candidate for prime minister prior to the 2008 general elections, but in the end Milanović thought he himself was the better candidate for the post. A post he eventually didn't get because Sanader managed to form a cabinet for the second time.
Zagreb Stock Exchange CROBEX plunged 4,5 percent after the press conference. Currently CROBEX is down 6,1 percent. Also down is Croatian GDP. The Croatian economy shrank with 6,7 percent in the first quarter of 2009.
Current Minister of Family, Veterans and Intergenerational Solidarity Jadranka Kosor will succeed Sanadar if the Sabor (Croatian parliament) agrees. Already on Friday this week the Sabor will give or not give its vote of confidence and vote for Kosor as Croatia's first female president. According to the constitution a new government should be formed within 30 days. Friday's parliamentary session is likely to be no more than a formality since Sanader has already collected 83 supporters for the new government - a majority. HDZ also needs to find a new Minister of Eduction, as current minister Dragan Primorac decided to resign.
Main opposition leader Zoran Milanović (SDP) said that Croatia needs new elections. Ljubo Jurčić, a foremost economist and half-hearted SPD member, thinks that Sanader's resignation will lead to "tectonic changes" in the HDZ party as Sanader was "more than half of HDZ". Jurčić was mentioned as SPD candidate for prime minister prior to the 2008 general elections, but in the end Milanović thought he himself was the better candidate for the post. A post he eventually didn't get because Sanader managed to form a cabinet for the second time.
Zagreb Stock Exchange CROBEX plunged 4,5 percent after the press conference. Currently CROBEX is down 6,1 percent. Also down is Croatian GDP. The Croatian economy shrank with 6,7 percent in the first quarter of 2009.
Current Minister of Family, Veterans and Intergenerational Solidarity Jadranka Kosor will succeed Sanadar if the Sabor (Croatian parliament) agrees. Already on Friday this week the Sabor will give or not give its vote of confidence and vote for Kosor as Croatia's first female president. According to the constitution a new government should be formed within 30 days. Friday's parliamentary session is likely to be no more than a formality since Sanader has already collected 83 supporters for the new government - a majority. HDZ also needs to find a new Minister of Eduction, as current minister Dragan Primorac decided to resign.
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