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World

Croats vote for second government in a year

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Opening sequence

World

Croats vote for second government in a year

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00:00:00
>> Back to the polls for the second time in a year. Croats voting in parliamentary elections on Sunday to choose yet another new government. It follows a vote of no confidence which ousted Prime Minister Tihomir Oreskovic after just five months in office. His government was a fragile coalition lacking a clear mandate to push through restructuring.
00:00:20
Those reforms being demanded by European authorities. The EU's newest member is also one of its weakest economies. Public debt in Croatia amounts to 85% of the country's GDP and it spends 3.5% of GDP on interest payments alone. And yet, all parties promise lower taxes for the people of Croatia funded by expected higher growth.
00:00:42
This election is unlikely to yield a clear majority. An alliance lead by the Social Democratic Party, which lost power in last year's election, is predicted to win the most seats by a very small margin. Its conservative rival, the Croatian Democratic Union, may need to seek support yet again from the center-right Most Party.
00:01:02
But their last alliance resulted in the government collapse leading to Sunday's election.