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Zagreb - The Croatian parliament on Friday adopted the Electricity Market Act, under which Croatian households will be able to buy electricity from EU suppliers, and EU consumers will be able to choose power providers from Croatia.
The new law incorporates the European Union's 2019 directive on common rules for the internal market for electricity. Providers will have to prepare free of charge tools for comparing the offers of suppliers, including offers for dynamic electricity price contracts. Customers will be informed of the availability of such tools in or together with their bills or by other means.
The law allows end-buyers to change their suppliers at short notice. "Shorter switching times are likely to encourage consumers to search for better energy deals and switch supplier," reads the directive.
Law on seeds and plant propagating material adopted
The 151-seat parliament also adopted the law on seeds and propagating/reproductive material, with 76 lawmakers voting for it. The law encourages the preservation of varieties and prevents the spread of harmful organisms. It also incorporates the European Union's directives to standardise the production and marketing of seeds.
The Sabor unanimously endorsed the law ratifying the guarantee agreement with the International Bank for Reconstruction and Development (IBRD), which approved a €200 million loan to the Croatian development bank HBOR, and the lending is intended to boost the cash flow in the enterprise sector. The cash from the IBRD-HBOR arrangement will be made available to private SMEs and mid-caps, export-oriented companies to deal with illiquidity.
The bills on the minimum wage, referendums and settlements were sent into a second reading.