natgillin/translations-raw huggingface dataset:
In the great majority of cases, this is enough for a bank to change its manner of behaving. 
U velikoj većini slučajeva to je dovoljno da banka promijeni svoje ponašanje.
In this country, unfortunately, this was not the case, partly because some bank managements deliberately flouted regulations for their own benefit, and partly because a climate had been created in which some banks were politically protected, and thus did not believe that it was necessary to take the corrective measures enjoined by the CNB. 
Kod nas to, nažalost, nije bio slučaj, dijelom zbog toga što su pojedine uprave banaka namjerno kršile propise iz vlastitih interesa, a dijelom zbog toga što je stvarana klima političke "zaštićenosti" pojedinih uprava.
Then I said: "I advocate the elimination of any kind of political influence on the banks, which should lend their money only on the basis of professional banking decisions. 
Tada sam rekao: ”Zalažem se za to da se eliminira utjecaj bilo kakve politike na banke i da one samo na temelju stručnih bankarskih odluka plasiraju sredstva.
The banks may not be charitable institutions or local development funds; they are business outfits. 
Banke ne smiju biti ni socijalne ustanove, ni lokalni razvojni fondovi, već poslovne ustanove.
For this reason, let us leave the management of banks to bankers, because this is a complex and highly professional business. 
Stoga ostavimo upravljanje bankama bankarima, jer je to složen i visokostručan posao.
In the same way, let us not all fall into the trap of the politicking creation of distrust in the banks, because there is no reason for it. 
Isto tako nemojmo svi mi upasti u zamku politikanskog stvaranja nepovjerenja u banke jer za to nema osnova.
Only in this way can the banks look after the money entrusted to them and only thus can the stability of the overall financial system be maintained, and this is the basis for economic progress”. 
Samo tako banke mogu sačuvati novac koji im je povjeren i samo se tako može očuvati stabilnost ukupnoga financijskog sustava, a to je osnovica gospodarskog napretka.”
Two years later, I can do nothing but repeat this same call. 
Taj apel, nažalost, i nakon dvije godine, mogu samo ponoviti.
The four reasons just stated were the main causes of what is called in Croatia today the second banking crisis. 
Prethodno navedena četiri razloga glavni su uzroci onoga što danas u Hrvatskoj nazivamo drugom bankovnom krizom.
Could the CNB have stopped the second banking crisis? 
Da li je HNB mogao spriječiti drugu bankovnu krizu?
No. The most that could have been done, perhaps, was that some of the banks that went under could have been closed a little earlier. 
Ne. Najviše što se u opisanoj situaciji možda moglo učiniti jest to da se dio banaka koje su propale mogao zatvoriti nešto prije.
I am sure, however, that in this case the attacks on the CNB, both political and from the public, would have been still stronger, including statements that it was the CNB that was destroying banks that were really quite healthy. 
Siguran sam, međutim, da bi u tom slučaju napad na HNB, i javni i politički, bio još jači, uz tvrdnje kako je upravo HNB uništio banke koje su inače bile dobre.
We have been exposed to violent attacks for two and a half years. 
Žestokim smo napadima, uostalom, neprekidno izloženi već dvije i pol godine.
Those who think that the crisis of part of the banking system could have been totally avoided in the situation in which I was appointed to this post are not right, I am afraid. 
Oni koji misle da je krizu dijela bankovnog sustava bilo moguće sasvim izbjeći u situaciji u kojoj sam došao na ovu dužnost, nažalost, nisu u pravu.
I have never avoided my responsibilities for the consolidation of the banking system, and I will not avoid them today. 
Od odgovornosti za konsolidaciju bankovnog sustava nisam bježao nikada, pa ne bježim ni danas.
Someone had to carry out the elimination of bad banks from the market, because the problems existed. 
Netko je eliminiranje loših banaka s tržišta morao provesti jer su problemi bili tu.
Certainly, there have been things along the way that we might have done better, as can be seen today much more easily with hindsight. 
Sigurno je da je na tom putu bilo stvari koje smo mogli učiniti bolje, što je danas s povijesnom odmakom lakše uočiti.
But I am equally convinced that the bill for the second banking crisis would have been much bigger if we had conducted ourselves according to the advice and procedures recommended by the critics of the policy that, for all the constraints I mentioned earlier, we did actually run with respect to the banking sector. 
No isto sam tako uvjeren da bi iznos druge bankovne krize bio mnogo veći da smo se rukovodili mnogim savjetima i postupcima koje su nam sugerirali kritičari politike koju smo, uza sva ograničenja koja sam prije spomenuo, prema bankarskom sektoru vodili.
I repeat, and this is not the evaluation of the CNB alone, but that of independent foreign analysts as well, the CNB did carry out its main assignment: it stopped the crisis taking on systemic dimensions, and thus creating considerably greater costs. 
Ponavljam, a to nije ocjena samo HNB-a, već i neovisnih stranih analitičara, temeljnu je zadaću HNB ispunio: spriječio je da kriza poprimi sistemske razmjere, a time prouzroči i znatno veće troškove.
Today, standing before this House, I can say with all due responsibility that the business of settling the situation in the Croatian banking system is going on successfully, and that we are beginning to harvest the first fruits of the on-going consolidation process. 
Danas, stojeći pred ovim časnim domom, mogu odgovorno reći da posao sređivanja stanja u hrvatskom bankovnom sustavu uspješno teče i da počinjemo ubirati i prve plodove konsolidacije, koja se nastavlja.
The situation in Croatian banking is much better than in the last two years, and particularly than it was five or ten years ago. 
Situacija u hrvatskom bankarstvu je mnogo bolja nego u protekle dvije godine, a posebice prije 5 ili 10 godina.
Today the interest rates are half of what they were when I came into office. 
Danas su kamatne stope prepolovljene u usporedbi s razdobljem s početka moga mandata.
This is a sign that the restructuring of the banking sector has at last given rise to increased efficiency. 
To je znak da je restrukturiranje u bankovnom sektoru konačno urodilo povećanjem efikasnosti.
I have to say that we in the CNB are extremely pleased with this and see a good outlook for the whole of the banking system in the years to come; we see a continued increase in efficiency, a fall in interest rates, the reduction of loan risk and, as a consequence, a much more stable banking system. 
Moram reći da smo u HNB-u vrlo zadovoljni time i vidimo dobru perspektivu cijeloga našeg bankarskog sustava u godinama koje dolaze: vidimo daljnje povećanje efikasnosti, pad kamatnih stopa, smanjenje kreditnog rizika i, kao posljedicu, puno stabilniji bankarski sustav.
I would hope that after the rapid privatisation of Riječka Banka and Splitska Banka foreign strategic investors will be more in evidence in the Croatian banking market than in Hungary, the banking market of which is considered the most efficient in the transitional countries of Central and Eastern Europe. 
Nakon, želim vjerovati, brze privatizacije Riječke i Splitske banke, strani će strateški ulagači na hrvatskom bankarskom tržištu biti čak prisutniji nego u Mađarskoj, čije se bankarsko tržište smatra najefikasnijim među tranzicijskim zemljama Srednje i Istočne Europe.
This is a guarantee of the stability of the domestic banking system in the future and something that can have a soothing effect on savers, after the consolidation problems that our banking system has had to go through in the last two years. 
To je jamstvo stabilnosti domaćega bankarskog sustava u budućnosti i nešto što može djelovati smirujuće na štediše nakon konsolidacijskih problema kroz koje je prošao naš bankovni sustav u protekle dvije godine.
At the end of 1998 this House voted in a new Banking Law, which made it possible for the CNB to act much faster and more efficiently, and to reduce the costs of future banking difficulties. 
Koncem 1998. godine ovaj je visoki dom izglasao novi Zakon o bankama, koji HNB-u omogućuje mnogo brže i učinkovitije djelovanje, a time i smanjenje troškova bankarskih teškoća u budućnosti.
The Supervision and Control Section, which is still in the process of being created, is today at more or less the same level as those in other advanced transitional countries with which we should compare ourselves. 
Sektor nadzora i kontrole, iako još uvijek "u nastajanju”, danas je na približno istoj razini kao u drugim naprednim tranzicijskim zemljama s kojima se moramo uspoređivati.
It is capable of coping with the current situation in the banking system. 
Sposoban je nositi se s trenutačnom situacijom u bankovnom sustavu.
I would particularly lay stress upon the fact that those who consider the Croatian National Bank alone could in its work make up for the years of accumulated financial indiscipline, that it could have stopped corruption and business crimes, that it could have corrected the mistakes made in privatisation, that it could have made up for the non-existence of a special institution dealing with financial frauds of the most complex kind, that it could have made up for the ineffective work of the supervisory boards in the banks, and finally, for the work of those who made the decisions about where to lend money, the banks' managements, are living in an illusion. 
Posebno ističem da u iluziji žive oni koji smatraju da je sama Hrvatska narodna banka mogla svojim radom nadomjestiti godinama gomilanu financijsku nedisciplinu, da je mogla spriječiti korupciju i privredni kriminal, da je mogla ispraviti pogreške u privatizaciji, da je mogla supstiturati nejasne zakone i sporost pravosuđa te rad loših revizora, da je mogla nadomjestiti nepostojanje posebne institucije koja bi se bavila financijskim prijevarama najsloženijeg oblika, da je mogla zamijeniti neadekvatan rad nadzornih odbora u bankama i, konačno, rad onih koji su odluke o plasmanima sredstava donosili - uprava banaka.
We have drawn public attention to this for years. 
Na sve to smo godinama javno upozoravali.
I do not wish here to evade my own share of the responsibility. 
Ovime ne želim pobjeći od svoga dijela odgovornosti.
I would only like there to be a just weighing of the roles of all the institutions in Croatia in the recent construction of financial discipline and a state ruled by law and order. 
Jedino želim neka se pravedno vagne uloga svih institucija u Hrvatskoj u proteklom razdoblju u izgradnji financijske discipline i pravne države.
Please be objective; demand a great deal from the Croatian National Bank and its Governor, but do not expect the impossible. 
Budite objektivni, tražite od Hrvatske narodne banke i guvernera puno, ali ne očekujte nemoguće.
What I cannot accept is that, without good reasons and objective professional evaluations about what supervision of the banks can and cannot achieve, there should be attempts to conceal the real reasons for the problems and difficulties in our banking sector and indeed in the whole of the economy. 
Ono što ne mogu prihvatiti jest da se bez argumenata i objektivne ocjene struke o tome što nadzor nad bankama može, a što ne može, nastoji sakriti prave uzroke problema i teškoća u našem bankarstvu, pa i u ukupnom gospodarstvu.
Bear this in mind: does this kind of viewpoint, this kind of debate, make any contribution to the detection and solution of the real causes of the difficulties? 
Da li takva stajališta pridonose rješavanju stvarnih uzroka teškoća?
2. Monetary policy 
2. Monetarna politika
I would like to devote the second, much shorter, part of this address to the implementation of monetary policy. 
Drugi dio svoga izlaganja, znatno kraći, posvetio bih provođenju monetarne politike.
Its basic objective is price and exchange rate stability. 
Njezin je temeljni cilj stabilnost tečaja i cijena.
During recent years we have had exceptionally good results in the maintenance of price and exchange rate stability. 
Tijekom posljednjih godina imali smo izuzetno dobre rezultate u očuvanju cjenovne i tečajne stabilnosti.
The mean rate of inflation in the last medium term period was lower in Croatia than in any other transition country. 
Prosječna stopa inflacije u posljednjem je srednjoročnom razdoblju u Hrvatskoj bila niža nego i u jednoj drugoj tranzicijskoj zemlji.
We can be proud of that. 
Budimo na to ponosni.
In the situation we are in, any sudden change in the exchange rate would threaten all those who have obligations denominated in a foreign currency or indexed to one, but whose income is in kuna. 
Moram naglasiti kako je to ostvareno u situaciji u kojoj nismo fiksirali tečaj, već smo ga puštali da se prilagođuje promjenama ekonomskih fundamenata, ali tako da ne ugrozi stabilnost.
For this reason, among other things, the Croatian National Bank has for years resisted the idea that devaluation is a solution to the problems of the economy. 
HNB već godinama odbacuje ideje o devalvaciji kao rješenju problema gospodarstva.
Alongside the idea of devaluation, in recent times the idea of Euroisation has appeared, that is, the total replacement of the kuna by the Euro, as the only legal means of payment in Croatia. 
Uz ideju devalvacije, u posljednje se vrijeme javila ideja eurizacije, odnosno potpune zamjene kune eurom kao isključivim zakonitim sredstvom plaćanja u Hrvatskoj.
Without going here into a detailed discussion about the reasons for and against Euroisation, one ought say quite clearly that there is no exchange rate regime that can make up for or replace structural changes. 
Ne ulazeći ovdje u podrobniju raspravu o razlozima za i protiv eurizacije, valja jasno reći kako nikakav tečajni režim ne može nadoknaditi ili zamijeniti strukturne promjene.
With or without the Euro, we will have to work more, better and more efficiently. 
Sa ili bez eura, valja nam raditi više, bolje i efikasnije.
This year's budget is on the way towards what we in the CNB have been advocating over the last few years, that is, constraints on the growth of public expenditure, and bringing order into the state's finances, that is, of meeting the financial obligations of the government on time, when they become due. 
Ovogodišnji proračun na tragu je onoga za što smo mi iz HNB-a pledirali posljednjih nekoliko godina, znači za ograničavanje rasta javne potrošnje i za uvođenje reda u državne financije, tj. za podmirivanje državnih obveza na vrijeme, o dospijeću.
This has given the CNB more manoeuvring space in which to run its monetary policy. 
Time je HNB dobio više manevarskog prostora za vođenje monetarne politike.
I would like, however, once again to stress the point that monetary policy is not the main determining factor in the amount of the interest rate on the Croatian market. 
Kamatne su stope u Hrvatskoj danas visoke, posebice u usporedbi s kamatnim stopama u razvijenim zemljama.
Interest rates are high in Croatia today, particularly as compared with those in developed countries. 
Želio bih, međutim, ponovno naglasiti da monetarna politika nije glavna determinanta visine kamatnih stopa na hrvatskom tržištu.
However, it is worth recalling that in March 1996 the overnight market interest rate was about 30 per cent, that the lending interest rates of the commercial banks were about 25 per cent, and that today the overnight rates are practically in single figures, and lending bank rates are exactly a half of what they were four years ago. 
Visina kamatnih stopa, kako to ponavljamo iz godine u godinu, rezultat je brojnih strukturnih faktora poput: mikroekonomske efikasnosti banaka, tj. njihova restrukturiranja i smanjenja troškova, strukture bankovnog tržišta koje je segmentirano, učinkovitosti pravosudnog sustava u zaštiti vjerovnika itd.
Mainly this is a matter of offering "as a panacea for all the ills in our economy” changes in monetary policy in the direction of much greater expansiveness. 
Najčešće se nudi promjena monetarne politike u smjeru njezine znatno veće ekspanzivnosti.
The logic behind such thinking is that a greater money supply will reduce interest, solve the problem of "lack of liquidity” (which is in essence the problem of insolvency and lack of financial discipline), increase investment, increase growth, reduce the value of the "over-valued kuna” and thus stimulate exports, and thanks to all this the problem of very great unemployment will also be solved and of course provide the standard of living that all the citizens of this country have the right to want. 
Logika takvih razmišljanja jest da će veća ponuda novca smanjiti kamate, riješiti problem "nelikvidnosti” (koji je u svojoj biti problem insolventnosti i financijske nediscipline), povećati investicije, povećati rast, smanjiti vrijednost "precijenjene” kune i time potaknuti izvoz, a zahvaljujući svemu tome riješit će se i pitanje vrlo velike nezaposlenosti i, naravno, osigurati standard kakav svi građani ove zemlje opravdano žele.
One gets the impression that in most of our economic woes, it is monetary policy that is the primary problem. 
Dame i gospodo, koje li sreće da su rješenja tako laka.
Why does that Europe we so often refer to and to which we aspire not employ such solutions, but is on the contrary hard at work on the new economy of the 21st century, on increasing knowledge, expansion via the Internet, on the new technologies and restructuring? 
Zašto onda Europa, na koju se stalno pozivamo i kojoj težimo, ne primjenjuje takva rješenja, već intenzivno radi na novoj ekonomiji XXI. stoljeća, povećanju znanja, širenju preko Interneta, novim tehnologijama i restrukturiranju?
Monetary policy is a powerful instrument, especially in the maintenance of price stability. 
Monetarna je politika moćan instrument, posebice u održanju stabilnosti cijena.
And so let us not set it tasks that it is incapable of performing satisfactorily. 
Zato joj nemojmo davati zadatke koje ne može obaviti na zadovoljavajući način.
3. In Conclusion 
3. Zaključno
There are, I repeat, no quick and easy solutions. 
Ponovo naglašavam, nema brzih i lakih rješenja.
Secondly, go on with structural changes in the banking sector by concluding the privatisation of the rehabilitated state banks and the consolidation of the rest of the sector. 
Drugo, nastaviti strukturne promjene u bankarskom sektoru dovršetkom privatizacije rehabilitiranih državnih banaka i konsolidacije ostaloga dijela sektora.
Thirdly, go on with the stepping up of the supervision of the banks. 
Treće, nastaviti intenzivno jačati funkciju nadzora nad bankama.
Fourthly, in the conditions created by the new fiscal policy, attempt to reduce the proportion of the mandatory reserves, to the extent allowed by the achievement of the primary objectives. 
Četvrto, u uvjetima koje je stvorila nova fiskalna politika nastojati smanjiti stopu obvezne rezerve koliko to dopušta postizanje glavnih ciljeva.
Fifthly, improve the regulatory framework, including the law about the central bank, which needs updating in line with European standards. 
Peto, unaprijediti regulativu, uključujući i zakon o središnjoj banci koji treba modernizirati u skladu s europskim standardima.
Sixthly, go on with and complete the changes in the payments clearing system. 
Šesto, nastaviti i okončati promjene u sustavu platnog prometa.
Seventhly, maintain and reinforce the international reserves, which have in the last few years played the important rôle of guarantor of stability. 
Sedmo, čuvati i dalje povećavati međunarodne pričuve, koje su i u proteklim godinama odigrale važnu ulogu jamca stabilnosti.
It is particularly important to step up the payment of insured savings, which is the responsibility of the government, and will have an effect on confidence in the Croatian financial system. 
Posebno je važno ubrzati isplatu osigurane štednje, što je odgovornost Vlade, a što će izravno utjecati na povjerenje u hrvatski financijski sustav.
The independence of the Croatian National Bank in future, which we all believe in, must not however mean its isolation. 
Neovisnost Hrvatske narodne banke u budućnosti, ne smije značiti i njezinu osamljenost.
It can completely achieve its aims only in cooperation with others. 
Ona svoje ciljeve može u potpunosti postići samo u suradnji s drugima.
The implementation of the objectives of the CNB depends, that is, among other things, on: firstly, institutional conditions, such as the functioning of the judicial system; secondly, on the existence of an at least outline consensus on the optimum combination of monetary and fiscal policies; thirdly, on a reinforcement of all the institutions that are essential to provide equal market competition, with a special emphasis being placed on the strengthening of financial discipline and the application of institutional sanctions to corruption; fourthly, attracting foreign direct investment, and entry into various trade and economic associations (WTO, CEFTA, OECD, EU); and fifthly, a stable political environment and still greater openness to the world, for there is simply no alternative to this route. 
Provedba ciljeva HNB-a ovisi, naime, između ostalog i o: prvo, institucionalnim uvjetima, poput funkcioniranja hrvatskog pravosuđa; drugo, o postojanju barem približnog konsenzusa o optimalnoj kombinaciji monetarne i fiskalne politike; treće, o jačanju svih institucija koje su nužne za ravnopravnu tržišnu utakmicu, uz poseban naglasak na jačanje financijske discipline i institucionalno sankcioniranje korupcije; četvrto, o privlačenju stranih izravnih investicija i ulasku u trgovačke i ekonomske asocijacije (WTO, CEFTA, OECD, EU); peto, o stabilnom političkom okruženju i još većoj otvorenost prema svijetu, jer taj put jednostavno nema alternative.
The implementation of these objectives also depends a great deal on the degree of public support that the policy of the CNB either has or does not have. 
Provedba navedenih ciljeva svakako uvelike ovisi i o stupnju podrške javnosti.
For without clear and unambiguous backing from the public at large for the healthy policies and tasks that I have mentioned, they will be for a certainty impossible to implement. 
Jer, bez jasne i nedvojbene podrške najšire javnosti zdravim politikama i zadacima koje sam spomenuo, oni se sigurno neće moći provesti.
I would particularly like to ask you, ladies and gentlemen, members of this House, let us use together this most important platform in Croatia to send a message to Croatian savers and the Croatian public that Croatian banking is more stable than it was two years ago, and much more stable than it was five years ago. 
Posebno vas molim, dame i gospodo zastupnici, iskoristimo zajedno ovu najvažniju govornicu u Hrvatskoj za to da hrvatskim štedišama i hrvatskoj javnosti uputimo poruku da je hrvatsko bankarstvo danas stabilnije nego što je bilo prije dvije godine i puno stabilnije nego prije pet godina.
The difficulties we are now in, and those that we will certainly come up against, must not be a reason for us to give up on the objective. 
Teškoće na koje smo nailazili i na koje ćemo jamačno nailaziti sigurno ne smiju biti razlog odustajanja od cilja.
On the contrary, they have to be an additional spur to us to persevere, for our own sakes, for the sakes of our children and their children. 
Naprotiv, one moraju biti dodatni motiv da u tome ustrajemo, i to ponajprije radi nas, naše djece i radi njihove djece.
Ladies and gentlemen, members of this House, I invite you to take part in a calm, professional and reasoned discussion about the situation in the banking system and the work of the central bank, in this place where this debate should be held, in this House. 
Dame i gospodo zastupnici, pozivam na mirnu, stručnu i argumentiranu raspravu o stanju u bankovnom sustavu i radu središnje banke na mjestu na kojem se ta rasprava treba voditi, u ovom visokom domu.
Monetary policy and the stability of the banking system are too serious things for judgements about them to be made without such a debate. 
Monetarna politika i stabilnost bankovnog sustava previše su ozbiljne stvari da bi se prosudbe o njima mogle donijeti bez jedne takve rasprave.