Foundation
Constitution of Croatia, made on 21 December 1990, determined in article 53, Croatian National Bank as central bank of Republic of Croatia and found its responsibilities: "Croatian National Bank is central bank of Republic of Croatia. Croatian National Bank is responsible, within its rights and duties, for stability of the currency and for liquidity of payments in state and abroad. Croatian National Bank is independent in its activity and responsible to Croatian Sabor. Profits made by Croatian National Bank belong to Croatian state budget. Position of Croatian National Bank is made by law." By amendments of Constitution of Croatia in 1997, Bank's earlier name National Bank of Croatia (Croatian: Narodna banka Hrvatske) was changed to Croatian National Bank (Croatian: Hrvatska narodna banka)
Read more about this topic: Croatian National Bank
Famous quotes containing the word foundation:
“No genuine equality, no real freedom, no true manhood or womanhood can exist on any foundation save that of pecuniary independence. As a right over a mans subsistence is a power over his moral being, so a right over a womans subsistence enslaves her will, degrades her pride and vitiates her whole moral nature.”
—Susan B. Anthony (18201907)
“Beautiful credit! The foundation of modern society. Who shall say that this is not the golden age of mutual trust, of unlimited reliance upon human promises? That is a peculiar condition of society which enables a whole nation to instantly recognize point and meaning in the familiar newspaper anecdote, which puts into the mouth of a distinguished speculator in lands and mines this remark:MI wasnt worth a cent two years ago, and now I owe two millions of dollars.”
—Mark Twain [Samuel Langhorne Clemens] (18351910)
“I believe that the mind can be permanently profaned by the habit of attending to trivial things, so that all our thoughts shall be tinged with triviality. Our very intellect shall be macadamized, as it were,its foundation broken into fragments for the wheels of travel to roll over.”
—Henry David Thoreau (18171862)