Recent referendums
44-768: HNB may refer to: Croatian National Bank (Croatian: Hrvatska narodna banka ) Hasnabad railway station , in India Hatton National Bank , a Sri Lankan bank Heat-not-burn tobacco product , cigarette that heats tobacco to a lower temperature than when a conventional cigarette is burned Herne Bay railway station , in England Hexanitrobenzene , an explosive compound Hockey New Brunswick Home Node B , in wireless telecommunications Huntingburg Airport , in Indiana, United States HNB (band) ,
88-562: A South Korean boy band See also [ edit ] H&B (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title HNB . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=HNB&oldid=1183730368 " Category : Disambiguation pages Hidden categories: Articles containing Croatian-language text Short description
132-722: A fully-fledged central bank in late 1991 with the independence of Croatia . The acronym for the National Bank in Croatian, as used in their logo, is HNB . The Bank uses the English-language acronym CNB in its publications in English. The CNB's role was specified by the Constitution of Croatia which was passed by the Parliament of Croatia on 21 December 1990. In performing its duties,
176-640: A provisional act made permanent by legislation of November 1992. In June 1995, even before the Croatian War of Independence had come to an end, the National Bank organized the first Dubrovnik Economic Conference (DEC), an annual event that has been held without interruption since then, including in 2020 during the COVID-19 pandemic . By amendments of Constitution of Croatia in 1997, the Bank's earlier name National Bank of Croatia ( Croatian : Narodna banka Hrvatske )
220-483: A term of 8 years. The President of the Republic of Croatia shall represent and stand for the Republic of Croatia at home and abroad. He shall take care of regular and harmonized functioning and stability of the state government and is responsible for the defense of independence and territorial integrity. He is elected directly by the people for a term of 5 years and is limited on 2 mandates maximum. The most important task of
264-541: Is autonomous and independent in achieving its objective and carrying out its tasks. The CNB reports on its work to the Croatian Parliament. The independence of the central bank is a key precondition for a successful and credible implementation of monetary policy and for the achievement of the main objective of the central bank - maintenance of price stability. The independence of the Croatian National Bank
308-520: Is different from Wikidata All article disambiguation pages All disambiguation pages Croatian National Bank The Croatian National Bank ( Croatian : Hrvatska narodna banka ; pronounced [xř̩ʋaːtskaː nǎːrodnaː bâːŋka] ), known until 1997 as the National Bank of Croatia ( Croatian : Narodna banka Hrvatske ), is the Croatian member of the Eurosystem and has been
352-580: Is in accordance with Article 130 of the Treaty on European Union, which guarantees the independence of national central banks of the European Union. There are several aspects of central bank independence: functional, institutional, personal and financial. Functional independence implies a clearly defined objective and autonomy in the choice of measures and instruments for its realisation. Institutional independence means that central bank decisions are independent from
396-620: The Government . In 2000, and again in 2001, the Croatian Parliament amended the Constitution changing bicameral parliament back into historic unicameral and reducing the Presidential powers. The Constitution was most recently amended in 2013 . This constitutional amendment defines marriage within Croatia as a union between a man and a woman. Effective 1 January 2014. This is the preamble of
440-576: The communist one-party system , adopted a liberal-democratic constitution and dropped the 'Socialist' label from the country's name, becoming Republic of Croatia. The document is sometimes known as the Christmas Constitution ( Božićni ustav ). The Constitution was amended in early 1998. The Constitution of 1990 used the semi-presidential model of the French Fifth Republic , with broad Presidential executive powers shared with
484-531: The monetary authority for Croatia from 1991 to 2022, issuing the Croatian dinar until 1994 and subsequently the Croatian kuna until Croatian adoption of the euro on 1 January 2023. It has also been Croatia's national competent authority within European Banking Supervision since 2020. It was initially established in 1972 under the decentralization of the National Bank of Yugoslavia , and became
SECTION 10
#1732880850255528-463: The rule of law , and a democratic multiparty system are the highest values of the constitutional order of the Republic of Croatia and the ground for interpretation of the Constitution. Article 4 states that the government shall be organized on the principle of separation of powers into the legislative, executive and judicial branches, but limited by the right to local and regional self-government guaranteed by this Constitution. Article 12 states that
572-557: The CNB acts as an independent institution responsible to the Parliament. The bank has a share capital of 335,000,000 euros (c. US$ 450 million). On 21 December 1990, the Constitution of Croatia , determined in article 53, named the National Bank as Croatia's central bank, and declared its responsibilities: "The National Bank is central bank of Republic of Croatia. The National Bank is responsible, within its rights and duties, for stability of
616-501: The CNB in central Zagreb , designed by architect Viktor Kovačić , was erected for the Zagreb Stock and Commodity Exchange and inaugurated in 1927. It has been used by the National Bank of Yugoslavia , then by the National Bank of Croatia since the end of World War II . 45°48′44″N 15°59′03″E / 45.81222°N 15.98417°E / 45.81222; 15.98417 Constitution of Croatia The Constitution of
660-510: The Constitution of the Republic of Croatia may be proposed by at least one-fifth of the members of the Croatian Parliament, the President of the Republic, the Government of the Republic of Croatia and by popular initiative , if valid signatures of 10% of the total number of voters are collected. The decision to amend the Constitution shall be made by a two-thirds majority vote of all the members of
704-452: The Constitution. It explains how the Croats managed to preserve their national identity throughout centuries in various forms of states from the formation of Croatian principalities in 7th century until present days. The millenary identity of the Croatian nation and the continuity of its statehood, confirmed by the course of its entire historical experience within different forms of states and by
748-458: The Court is to decide on the conformity of laws and other regulation with the Constitution, to decide on jurisdictional disputes between the legislative, executive and judicial branches, to decide on the impeachment of the president of the republic, to supervise and ban political parties and to supervise the constitutionality and legality of elections and national referendums. The Constitutional Court of
792-460: The Croatian Parliament by a two-thirds majority vote of all representatives. Any decision concerning the association of the Republic of Croatia shall be made on a referendum by a majority vote of the total number of electors in the State. The provisions of this Article concerning association shall also relate to the conditions and procedure for the disassociation of the Republic of Croatia. Amendments to
836-403: The Croatian Parliament. International agreements concluded and ratified in accordance with the Constitution and made public, and which are in force, shall be part of the internal legal order of the Republic of Croatia and shall be above law in terms of legal effects. Procedure for the association of the Republic of Croatia into alliances with other states may be instituted by at least one-third of
880-565: The National Judicial Council shall be from the ranks of judges. The Office of the Public Prosecutions is an autonomous and independent judicial body empowered and due to proceed against those who commit criminal and other punishable offences, to undertake legal measures for protection of the property of the Republic of Croatia and to provide legal remedies for protection of the Constitution and law. The Head Public Prosecutor of
924-567: The President is to be Commander-in-Chief of the armed forces and to be leader during the state of war when he can issue decrees with the force of law. He is impeachable for any violation of the Constitution. Croatian parliament decides whether to proceed impeaching the President and that is decided by the Constitutional Court. The Government of the Republic of Croatia exercise executive power. The Government consists of Prime Minister, one or more Deputy Prime Minister and ministers. President of
SECTION 20
#1732880850255968-602: The Republic of Croatia ( Croatian : Ustav Republike Hrvatske ) is promulgated by the Croatian Parliament . While it was part of the socialist Yugoslavia , the Socialist Republic of Croatia had its own Constitution under the Constitution of Yugoslavia . Following the first multi-party parliamentary elections held in April 1990 , the Parliament made various constitutional changes. On December 22, 1990, they rejected
1012-426: The Republic of Croatia shall be appointed by the Croatian Parliament at the proposal of the Government for a term of 4 years. The Constitutional Court is not part of judicial system but the court sui generis. It consists of 13 judges elected by the Croatian parliament for a term of 8 years from among notable jurists, especially judges, public prosecutors, lawyers and university professors of law. The main function of
1056-413: The Republic of Croatia shall repeal a law if it finds it to be unconstitutional. When reviewing the legislation, the court often relies on the so-called Croatian constitutional identity and on the Croatian national identity. Municipalities and towns are units of local self-government which carries out the affairs of local jurisdiction by which the needs of citizens are directly fulfilled, and in particular
1100-456: The Supreme Court is proposed by the President of the Republic and elected by the Croatian Parliament for a term of 4 years. Judicial office is permanent. Judges are elected by the National Judicial Council. The National Judicial Council consists of 11 members elected by the Croatian Parliament from among notable judges, attorneys-at-law and university professors of law. The majority of members of
1144-408: The affairs of regional significance, and in particular the affairs related to education, health service, area and urban planning, economic development, traffic and traffic infrastructure and the development of network of educational, health, social and cultural institutions. The capital city of Zagreb may be attributed the status of a county by law. International agreements are concluded depending on
1188-406: The affairs related to the organization of localities and housing, area and urban planning, public utilities, child care, social welfare, primary health services, education and elementary schools, culture, physical education and sports, customer protection, protection and improvement of the environment, fire protection and civil defense. Counties are units of regional self-government which carries out
1232-404: The currency and for liquidity of payments in state and abroad. The National Bank is independent in its activity and responsible to Croatian Sabor . Profits made by National Bank belong to Croatian state budget. The position of the National Bank is established by law." In accordance with that provision, the National Bank was established under Croatian Law by Government Regulation of 23 December 1991,
1276-429: The financial system as a whole. The Croatian National Bank executes monetary policy, manages international reserves of the Republic of Croatia, issues the Croatian currency - the kuna, issues authorisations of credit institutions, credit unions, payment institutions and electronic money institutions and supervises their operation. The CNB also issues authorisations of authorised exchange offices. The Croatian National Bank
1320-460: The first half of 1999. Boris Vujčić joined the National Bank as head of its Research Department in 1996, became its Deputy Governor in 2000, and assumed the role of Governor in 2012. The Croatian National Bank is the central bank of the Republic of Croatia and part of the European System of Central Banks. The primary objective of the CNB is maintaining price stability and the stability of
1364-414: The foreign and internal policies, direct the state administration and take care of economic development. The Government is responsible to the Croatian parliament and parliament can vote of no confidence when Government resigns. Judicial power is exercised by independent and autonomous courts. Supreme Court is the highest court and secures uniform application of laws and equal justice to all. The president of
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1408-404: The inalienable right to live, thus there is no capital punishment in the Republic of Croatia . Entrepreneurial and market freedom is the basis of the economic system. In this chapter Croatian National Bank is defined as central bank which is independent in its work of monetary policy making and responsible to the Croatian Parliament. The Croatian parliament is defined as a representative body of
1452-595: The income and expense determined by the monetary policy stance. Stable prices is the main criteria for monetary stability. Stable prices are maintained by making sure price increases meet the Government's inflation target. Maintaining financial stability involves protecting against threats to the whole financial system. Threats are detected by the Bank's surveillance and market intelligence functions. The threats are then dealt with through financial and other operations. The Bank works together with other institutions to secure both monetary and financial stability. The seat of
1496-532: The influence of other institutions. Personal independence guarantees the protection of CNB officials from external pressures, excludes conflicts of interest and precisely defines the conditions for the appointment and removal from office of the Governor and other members of the CNB Council. Financial independence implies the possibility for the CNB to autonomously obtain funds for the purpose of executing its mandate, with
1540-494: The international order, the Republic of Croatia is established as the nation state of the Croatian people and the state of the members of autochthonous national minorities: Serbs, Czechs, Slovaks, Italians, Hungarians, Jews, Germans, Austrians, Ukrainians, Rusyns, Bosniaks, Slovenians, Montenegrins, Macedonians, Russians, Bulgarians, Poles, Roma, Romanians, Turks, Vlachs, Albanians and the others who are citizens, and who are guaranteed equality with citizens of Croatian nationality and
1584-426: The nature and contents of the international agreement, within the authority of the Croatian Parliament, the President of the Republic and the Government of the Republic of Croatia. International agreements which entail the passage of amendment of laws, international agreements of military and political nature, and international agreements which financially commit the Republic of Croatia shall be subject to ratification by
1628-647: The official language is Croatian in the Latin script and that in some areas, together with the Croatian language and Latin script, other languages, such as Cyrillic or any other legal language can be used. This chapter deals with general human rights, Personal and Political Freedoms and Rights and Economic, Social and Cultural Rights. All are equal before the law regardless of race, color, gender, language, religion, political or other belief, national or social origin, property, birth, education, social status or other characteristics. Article 21 states that every human being has
1672-412: The people and belongs to the people as a community of free and equal citizens. The people exercises this power through the election of representatives and through direct decision-making. Article 3 states that freedom, equal rights, national equality and equality of genders , love of peace , social justice, respect for human rights, inviolability of ownership, conservation of nature and the environment,
1716-403: The people and is vested with the legislative power. The most important function of the parliament is to make laws and to amend the Constitution. The People's Ombudsman, as a commissioner of the Croatian Parliament, shall protect the constitutional and legal rights of citizens in proceedings before the state administration and bodies vested with public authority. He is elected by the parliament for
1760-521: The preservation and growth of the idea of a national state, founded on the historical right of the Croatian nation to full sovereignty, manifested in: Considering the presented historical facts and universally accepted principles of the modern world, as well as the inalienable and indivisible, non-transferable and nonexhaustible right of the Croatian nation to self-determination and state sovereignty, including its fully maintained right to secession and association, as basic provisions for peace and stability of
1804-676: The realization of national rights in accordance with the democratic norms of the United Nations Organization and the countries of the free world. Respecting the will of the Croatian nation and all citizens, resolutely expressed in the free elections, the Republic of Croatia is hereby founded and shall develop as a sovereign and democratic state in which equality, freedoms and human rights are guaranteed and ensured, and their economic and cultural progress and social welfare promoted. This chapter defines Croatia as unitary and indivisible democratic and social state in which power derives from
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1848-453: The representatives of the Croatian Parliament, the President of the Republic and the Government of the Republic of the Croatia. It is prohibited to initiate any procedure for the association of the Republic of Croatia into alliances with other states if such association leads, or might lead, to a renewal of a South Slav state community or to any Balkan state form of any kind. Any association of the Republic of Croatia shall first be decided upon by
1892-432: The republic confides the mandate to form the Government to the person who, upon the distribution of the seats in the Croatian Parliament and consultations held, enjoys confidence of the majority of its members. The Government shall assume its duty if the vote of confidence is passed by a majority vote of all members of the Croatian Parliament. The main function of the Government is to propose legislation, to execute laws, guide
1936-519: Was changed to Croatian National Bank ( Croatian : Hrvatska narodna banka ). Also in 1997, the CNB became a full member of the Bank for International Settlements ; Banking sector restructuring occurred throughout the 1990s, culminating in the resignation of all members of the CNB's Council led by Governor Marko Škreb in July 2000 in response to the Croatian Parliament's refusal to accept its report for 1998 and
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