Prime Minister Andrej Plenkovic on Thursday said that his cabinet would make sure that the sanctions against Russia are carried out consistently by Croatia.

Also, the war in Ukraine is going to disrupt supply chains in agriculture because Ukraine is one of the major exporters of cereals and oil seeds to the European Union.

“The government is analysing all the consequences of this situation, and will take all necessary measures accordingly so as to protect Croatian citizens and businesses and reduce the  repercussions for the everyday life,” said the PM.

Next week, Plenkovic will attend an informal meeting of the European Council, which will focus on the aggression against Ukraine and on reinforcing various aspects of the European sovereignty.

He recalled that Croatian Postal Bank (HPB) took over Sberbank Croatia and the government managed to ensure this transaction in a record short time.

“We have helped that sound bank to survive now as part of HPB and also to reassure its deposit holders and clients by this rapid response.”

Furthermore, this transaction has increased HPB’s share in the Croatian banking market to nearly 8%, and Plenkovic added that none of Sberbank subsidiaries in Europe had been liquidated.