The Croatian privatization controversy is a common name used to describe matters associated with the criminal activity which plunged the Republic of Croatia into an economic depression immediately after its creation.
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... SFR Yugoslavia, President Tuđman of the Croatian Democratic Union (Croatian Hrvatska Demokratska Zajednica, HDZ) initiated the process of privatization and de-nationalization in Croatia ... known collectively in Croatia as the "Privatization Robbery" (privatizacijska pljačka) ... doubt that numerous shadowy figures who moved close to Tuđman, the centre of power in Croatian society, profited from this enormously, having amassed wealth ...
Famous quotes containing the word controversy:
“And therefore, as when there is a controversy in an account, the parties must by their own accord, set up for right Reason, the Reason of some Arbitrator, or Judge, to whose sentence, they will both stand, or their controversy must either come to blows, or be undecided, for want of a right Reason constituted by Nature; so is it also in all debates of what kind soever.”
—Thomas Hobbes (15791688)