Financial Crisis Cancels Christmas Celebrations in Croatia
State-run firms and organisations have also been told that they won't be allowed to dip into their funds to buy Christmas presents.
The ban follows a proposal to freeze public-sector salaries next year.
In an attempt to reassure the people of Croatia, Prime Minister Ivo Sanader said there was no need for panic, but warned that the country needed to take the financial crisis seriously.
"For that goal we forbid buying of Christmas and New Year's gifts as well as organising of Christmas and New Year's receptions," said Mr Sanader.
Croatia's economy relies heavily on income from the tourist industry and there are fears that visitor numbers will drop sharply in 2009.
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Chrimbo is all right for all the grub and the C2H5OH that abound.
Chrimbo is for all intents and purposes a copycat celebration of a far more long-term-established Pagan tradition, i.e. the Solstice (Winter/Summer depending on the hemisphere that you find yourself in)...
As for New Year's Eve celebrations I have but two Dickensian words for that... BAH HUMBUG!
Keep up the good work. I didn't mean to be critical either.
Now, if you'd said "Crazy Credit Crisis Crashes Croation Christmas" or something like that, THEN I'd laugh. The original headline did attract my attention, so I did read the story. Effective.
I don't think public funds should be used to pay for Christmas presents or parties anyway, but then again, it happens in the private sector, too.
I discused the financial crisis with my son last Sunday and he was thinking that it
Hier,the german state television said,that DEUTSCHE BANK does NOT want any subcidies from the Government.
Also BBC reported than some US banks said the TREASURY FORCED them to take subsides.
I think PAULSON wanted for the US Government o gain MORE power on Wall street.