Slovenia and Croatia initiated a memorandum of understanding that should resolve an old banking dispute. This banking dispute had threatened to derail Croatia’s EU accession.

The memorandum of understanding was initiated in Zagreb by Croatian FM Vesna Pusić and Slovenian State Secretary Tone Kajzer in Zagreb. The final agreement will be signed on Monday 11 March. The Bank for International Settlement (BIS) took on an arbitration role on this dispute. Under the new agreement the Croa...