engleski

Big fish, bigger fish swimming in a small pond: a new contribution to the Slovene-Croatian border dispute

The aim of this contribution on the rivalry between two major retail chains in the Southeastern Europe is to show how the nature of the Slovene-Croatian border dispute has changed from conflicting territorial claims to the exchange of sophisticated financial and legal arguments aiming to block the takeover of one mayor national company by the other. Our intention is to analyse the case of the takeover of the biggest Slovenian (and Southeastern) retail chain Mercator by the Croatian company Agrokor as the symptomatic case of new kinds of sovereign’s opposition to the strict economic and financial measures for the stabilization of the Eurozone. Namely, the case of standard financial transaction has turned into the major political dispute between Slovenia and Croatia in the last two years involving governmental interventions, reforms in bank sector, trade unions’ protests, media war of arguments and diplomatic petitions. The article will offer some answers to the question whether the expansionist policy of struggling for dominance in the ex-Yugoslav market and dominant macroeconomic policies have been gradually replaced by the policy of stabilization, protection, “economic defence” and stronger regulatory scrutiny in monetary policy within national borders.

money and borders; Slovene-Croatian border dispute

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