natgillin/translations-raw huggingface dataset:
The role of the regulator is to protect bank deposits and determine the capital that banks are required to have, as a measure of balance between deposits and the risks assumed by banks when granting loans. 
Uloga regulatora je da zaštiti depozite u bankama i određuje potreban kapital koji banka mora imati da stoji između depozita i rizika koje ta banka preuzima kada daje kredite.
Croatian Large Value Payment System 
Objavljeno: 31.1.2015.
The Croatian Large Value Payment System (CLVPS) is a payment system in which payment transactions in kuna are settled in real time on a gross basis, and it mostly concerns relatively large amounts. 
Hrvatski sustav velikih plaćanja (HSVP) platni je sustav u kojemu se platne transakcije u kunama namiruju u realnom vremenu na bruto načelu, a riječ je uglavnom o relativno velikim iznosima.
The CLVPS is a payment system in which payment transactions in kuna are settled for the purpose of implementing the monetary policy of the CNB, payment transactions for the purpose of supplying banks with cash, payment transactions for the purpose of executing transactions in financial instruments, payment transactions for the purpose of the final settlement of other payment systems and other payment transactions. 
HSVP je platni sustav u kojemu se u kunama namiruju platne transakcije u svrhu provođenja mjera monetarne politike HNB-a, platne transakcije u svrhu opskrbe banaka gotovim novcem, platne transakcije u svrhu provođenja transakcija s financijskim instrumentima, platne transakcije u svrhu provođenja konačne namire drugih platnih sustava i ostale platne transakcije.
The CLVPS participants are the CNB, credit institutions (banks and savings banks) with the head office in the Republic of Croatia which have been granted authorisation from the CNB, the Croatian Bank for Reconstruction and Development as well as the Central Depository Agency (CDA). 
Sudionici HSVP-a jesu Hrvatska narodna banka (HNB), kreditne institucije (banke i štedne banke) sa sjedištem u Republici Hrvatskoj koje su dobile odobrenje za rad od HNB-a, Hrvatska banka za obnovu i razvitak te Središnje klirinško depozitarno društvo (SKDD).
The rules of operation, operational procedures and standards that must be met by the mentioned participants are prescribed by the CNB ( Regulation ). 
Pravila rada, operativne postupke i standarde koje moraju zadovoljiti navedeni sudionici propisuje Hrvatska narodna banka ( Regulativa ).
For each participant in the CLVPS, the CNB opens and operatively manages an account through which payment transactions are settled. 
Hrvatska narodna banka za svakog sudionika u HSVP-u otvara i operativno vodi račun preko kojeg se provodi namira platnih transakcija.
The CLVPS infrastructure comprises the Central Accounting System (CAS) application, the SWIFT platform (telecommunications networks for the exchange of standardised authenticated messages) and the FIN Copy service, which allows the CNB to transfer payment transactions between the payer and the payee and to register the changes in the accounts of participants in the CLVPS as a consequence of the payment transaction settlement. 
HSVP infrastruktura sastoji se od aplikacije Central Accounting System (CAS), platforme SWIFT (telekomunikacijska mreža za razmjenu standardiziranih autentificiranih poruka) i usluge FIN Copy, koja Hrvatskoj narodnoj banci omogućuje prijenos platnih transakcija između platitelja i primatelja plaćanja te evidentiranje promjena na računima sudionika u HSVP-u kao posljedice namire platne transakcije.
Mode of operation of the CLVPS 
Način rada HSVP-a
Payment transactions in CLVPS are settled during a settlement day in accordance with the Work Schedule for the CLVPS . 
Namira platnih transakcija u HSVP-u obavlja se tijekom obračunskog dana u skladu s Terminskim planom HSVP-a .
The CLVPS is open on each business day, except Saturday, Sunday and the days laid down by the act governing public holidays, memorial days and non-working days in the Republic of Croatia. 
HSVP je otvoren svakoga radnog dana, osim subote, nedjelje i dana određenih zakonom kojim se uređuju blagdani, spomendani i neradni dani u Republici Hrvatskoj.
A settlement day in the CLVPS starts at 7:30 a.m. and lasts until 6:00 p.m. on the current business day. 
Obračunski dan HSVP-a počinje u 7.30 sati i traje do 18.00 sati tekućega radnog dana.
Interbank payment transactions are settled in the accounts of participants in the CLVPS in real time, on a gross basis (each order individually, in the amount to which it is issued), up to the amount of the coverage in accounts for the settlement of the system participants. 
Međubankovne platne transakcije namiruju se na računima sudionika u HSVP-u u realnom vremenu, na bruto načelu (svaki nalog pojedinačno, u iznosu na koji je zadan), do visine pokrića na računima za namiru sudionika sustava.
The CLVPS enables the participants to initiate only credit transfers via the SWIFT telecommunications network by creating the appropriate types of SWIFT payment messages, as well as to initiate payments with a future value date (up to seven days in advance). 
HSVP omogućuje sudionicima isključivo zadavanje kreditnih transfera putem SWIFT telekomunikacijske mreže kreiranjem odgovarajućih vrsta SWIFT platnih poruka, kao i zadavanje plaćanja s budućim datumom valute (do sedam dana unaprijed).
In terms of the act governing settlement finality in payment systems, a payment transaction shall be accepted and irrevocable in the CLVPS as from the moment of its settlement. 
Platna transakcija u HSVP-u prihvaćena je i neopoziva, u smislu zakona kojim se uređuje konačnost namire u platnim sustavima, od trenutka kada je namirena.
Payment transactions with no collateral in a participant's account in the CLVPS shall be recorded in a payment queue during a settlement day, pending the provision of collateral, but no longer than the end of the settlement day. 
Platna transakcija za čiju namiru nema pokrića na računu sudionika u HSVP-u evidentira se tijekom obračunskog dana u redu čekanja do osiguranja pokrića, a najdulje do kraja obračunskog dana.
At the end of the settlement day, payment transactions from the payment queue are returned, and the participant shall be notified thereof. 
Na kraju obračunskog dana platne se transakcije iz reda čekanja odbijaju, o čemu sudionik dobiva sistemsku obavijest.
The CNB may initiate payment transactions to debit the account of each participant by way of account transfers. 
HNB može zadavati platne transakcije na teret računa svakog od sudionika putem direktnih transfera.
The CNB shall make an account transfer based on a participant's order or pursuant to regulations. 
HNB zadaje direktni transfer na osnovi naloga tog sudionika ili na osnovi propisa.
Pursuant to a regulation enacted by the CNB, the CNB has the authorisation to set the limit representing the amount of an authorised overdraft in the account of a participant in the CLVPS. 
HNB, u skladu s propisom koji donosi, ima ovlaštenje određivanja limita koji predstavlja visinu dopuštenoga negativnog stanja na računu sudionika u HSVP-u.
The CNB (as a bank - settlement agent) settles the final net positions in the clearing accounts of direct participants in the National Clearing System (NCS) at the end of a clearing day in the NCS through the CLVPS across the participants' accounts and the NCS clearing account. 
Namiru konačnih neto pozicija na obračunskim računima neposrednih sudionika u Nacionalnom klirinškom sustavu (NKS) na kraju obračunskog dana u NKS-u obavlja HNB (kao banka agent za namiru) preko računa sudionika i obračunskog računa za NKS u HSVP-u.
The CNB, in accordance with the prescribed Tariffs for Services of the CLVPS , charges the fees for payment transactions settled through the CLVPS and fees for services related to the prescribed participation of a participant in the CLVPS. 
HNB, u skladu s propisanim Cjenikom usluga HSVP-a naplaćuje naknade za platne transakcije namirene u HSVP-u i naknade za usluge vezane uz propisano sudjelovanje sudionika u HSVP-u.
Fees are also charged to the Financial Agency as the operator of the National Clearing System for the services related to the NCS operation. 
Naknade se naplaćuju i Financijskoj agenciji kao upravitelju Nacionalnoga klirinškog sustava za poslove povezane s funkcioniranjem NKS-a.
Open market operations 
HNB
Open market operations 
Operacije na otvorenom tržištu
Open market operations refer to the purchase or sale of assets (securities, foreign exchange, etc.) on the financial market. 
Operacije na otvorenom tržištu odnose se na kupnju ili prodaju određene imovine (vrijednosni papiri, devize i sl.) na financijskom tržištu.
Assets eligible for open market operations are defined in advance by the central bank and are usually published. 
Imovinu koja je prihvatljiva za operacije na otvorenom tržištu središnja banka unaprijed određuje i obično je objavljuje (vidi prihvatljiv kolateral ).
The central bank conducts open market operations at its own initiative, following a previously published schedule or at any moment it deems suitable, with the voluntary participation of credit institutions. 
Središnja banka provodi operacije na otvorenom tržištu na vlastitu inicijativu prema unaprijed objavljenom rasporedu ili u bilo koje vrijeme koje sama odredi, uz dobrovoljno sudjelovanje kreditnih institucija.
By open market operations, the central bank affects the liquidity of the banking system and interest rate trends on the money market, thus controlling the price and/or the supply of reserve money (money in the banks' accounts with the central bank). 
Operacijama na otvorenom tržištu središnja banka utječe na likvidnost bankovnog sustava i kretanje kamatnih stopa na novčanom tržištu kontrolirajući cijenu i/ili količinu ponude primarnog novca (novac na računima banaka kod središnje banke).
By purchasing assets from banks, the central bank increases the liquidity in the system and prompts a decrease of interest rates on the market, while by selling assets to the banks, it achieves the opposite effect. 
Kupnjom imovine od banaka središnja banka povećava likvidnost u sustavu i utječe na pad kamatnih stopa na tržištu, dok se prodajom imovine bankama postižu suprotni učinci.
Open market operations may be performed as: 
Operacije na otvorenom tržištu mogu se provoditi kao:
reverse operations, meaning that the transaction of asset purchase (sale) at the current date and the transaction of resale (repurchase) of same assets at a prearranged future date are arranged simultaneously. 
povratne (engl. reverse) operacije, što znači da se istodobno dogovara transakcija kupnje (prodaje) imovine na tekući datum i transakcija povratne prodaje (kupnje) iste imovine na unaprijed utvrđeni budući datum.
In that case, the difference between the purchase price and the sale price constitutes the price of the use of funds during the period of operation duration, which is mostly expressed in the form of the nominal interest rate and which affects the trends in other interest rates on the market 
U tom slučaju razlika između kupovne i prodajne cijene čini cijenu korištenja novčanih sredstava u razdoblju trajanja operacije, koja se u većini slučajeva iskazuje u obliku nominalne kamatne stope i utječe na kretanje ostalih kamatnih stopa na tržištu.
outright operations, meaning that a transaction of purchase (sale) of assets is arranged without the obligation of resale (repurchase), i.e. the transaction is final after the initial settlement. 
konačne (engl. outright) operacije, što znači da se dogovara transakcija kupnje (prodaje) imovine bez obveze povratne prodaje (kupnje), odnosno transakcija je konačna nakon namire u prvom koraku.
In that case, no interest rate is defined, but it is affected by the amount of purchased (sold) assets 
U tom slučaju kamatna stopa se ne ugovara, ali se na nju utječe količinom kupljene (prodane) imovine.
In terms of frequency and purpose, open market operations may be: 
S obzirom na učestalost i namjenu operacije na otvorenom tržištu mogu biti:
regular, meaning that their frequency is scheduled in advance and known 
redovite, što znači da je njihova učestalost unaprijed određena i poznata
fine-tuning operations, meaning that they are conducted as required 
operacije fine prilagodbe, što znači da se rabe po potrebi
structural, meaning that they are conducted in situations in which it is necessary to act due to structural changes in liquidity 
strukturne, što znači da se rabe u situacijama kada je potrebno djelovanje zbog strukturnih promjena u likvidnosti.
The Croatian National Bank mostly uses outright operations, notably foreign exchange purchase and sale operations, i.e. foreign exchange auctions. 
Najčešće korištene operacije Hrvatske narodne banke jesu konačne (engl. outright) operacije, i to operacije kupoprodaje deviza, odnosno devizne aukcije.
The aforementioned operations may be considered fine-tuning operations, but on certain occasions they are also structural. 
Navedene operacije mogu se smatrati operacijama fine prilagodbe, ali katkad su i strukturne.
Foreign exchange auctions are performed in order to ensure the stability of the domestic currency and maintain payment liquidity both in the country and abroad. 
Devizne aukcije provode se radi očuvanja stabilnosti domaće valute i održavanja likvidnosti plaćanja u zemlji i inozemstvu.
Using foreign exchange auctions, the CNB seeks to affect the exchange rate of the domestic currency relative to a reference foreign currency. 
Deviznim aukcijama središnja banka nastoji utjecati na kretanje deviznog tečaja domaće valute u odnosu na referentnu stranu valutu.
The Croatian National Bank conducts foreign exchange auctions when it considers it necessary to mitigate exchange rate movements of the kuna against the euro. 
Hrvatska narodna banka provodi devizne aukcije u situacijama kada procijeni da je potrebno ublažiti kretanje tečaja kune u odnosu na euro.
In the opposite case, by selling foreign currency, the central bank withdraws domestic currency from circulation, causing it to appreciate relative to the reference foreign currency. 
U suprotnome, prodajom strane valute središnja banka povlači domaću valutu iz optjecaja te utječe na aprecijaciju domaće valute u odnosu na referentnu stranu valutu.
The most frequently used reverse operations of the Croatian National Bank are the so-called reverse repo transactions, in which the central bank initially increases the liquidity of the banking system by purchasing securities from banks and simultaneously arranges the sale of purchased securities to banks at a future date, causing the liquidity of the banking system to drop. 
Najčešće korištene povratne operacije Hrvatske narodne banke su tzv. obratne repo transakcije, pri čemu središnja banka u prvom koraku povećava likvidnost bankovnog sustava kupujući vrijednosne papire od banaka i istodobno ugovara prodaju kupljenih vrijednosnih papira bankama na budući datum, pri čemu se smanjuje likvidnost bankovnog sustava.
In the period of liquidity use, banks pay an agreed upon interest rate referred to as the repo rate. 
U razdoblju korištenja likvidnosti banke plaćaju ugovorenu kamatnu stopu koja se naziva repo stopa.
In economic terms, reverse repo operations imply the borrowing of credit institutions from the central bank. 
U ekonomskom smislu, obratne repo operacije jesu zaduživanje kreditnih institucija kod središnje banke.
Reverse transactions also include so-called FX swaps. 
Povratnim transakcijama smatraju se i tzv. FX swapovi.
FX swaps are transactions in which the central bank initially increases (reduces) liquidity by purchasing (selling) foreign currency at the so-called market spot exchange rate and simultaneously arranges the purchase (sale) of foreign currency at a future date and at a future, so-called forward exchange rate, thus reducing (increasing) the liquidity of the banking system. 
FX swapovi su transakcije pri kojima središnja banka u prvom koraku povećava (smanjuje) likvidnost kupujući (prodajući) stranu valutu po tržišnom tzv. spot tečaju i istodobno ugovara prodaju (kupnju) strane valute na budući datum po budućem tzv. forward tečaju, pri čemu se smanjuje (povećava) likvidnost bankovnog sustava.
The future, or forward exchange rate equals the sum of the spot exchange rate and the interest differential of currencies calculated for the period of FX swap duration. 
Budući, odnosno forward tečaj jednak je zbroju spot tečaja i kamatnom diferencijalu valuta izračunatom za razdoblje trajanja FX swapa.
The interest differential may be positive (in case the foreign currency has a lower interest rate than the domestic currency) or negative (in case the foreign currency has a higher interest rate than the domestic currency). 
Kamatni diferencijal može biti pozitivan (u slučaju da strana valuta ima nižu kamatnu stopu od domaće valute) ili negativan (u slučaju da strana valuta ima višu kamatnu stopu od domaće valute).
In economic terms, the FX swap in which the central bank initially purchases foreign currency may be considered a reverse repo transaction as described above. 
FX swap u kojem središnja banka u prvom koraku kupuje stranu valutu u ekonomskom smislu istovjetan je opisanoj obratnoj repo transakciji.
Other reverse transactions include the issuance of central bank bills, whereby the central bank initially reduces the liquidity of the banking system by selling central bank bills with defined maturity to banks, after which it repurchases the bills from banks, again boosting the liquidity of the banking system. 
Ostale povratne transakcije uključuju izdavanje blagajničkih zapisa središnje banke, pri čemu u prvom koraku središnja banka smanjuje likvidnost bankovnog sustava prodajući bankama blagajničke zapise koji imaju određeni rok dospijeća, nakon čega ih središnja banka otkupljuje od banaka ponovo povećavajući likvidnost bankovnog sustava.
In that case, the central bank pays an interest rate on issued central bank bills to the banks. 
U tom slučaju središnja banka plaća bankama kamatnu stopu na izdane blagajničke zapise.
Main macroeconomic indicators 
Glavni makroekonomski indikatori
Main macroeconomic indicators are a brief and clear table overview of key annual macroeconomic indicators of the Croatian economy over a longer period. 
Glavni makroekonomski indikatori jesu kratak i pregledan tablični prikaz ključnih godišnjih makroekonomskih pokazatelja hrvatskoga gospodarstva tijekom duljeg razdoblja.
GDP (million HRK, current prices) b 
Broj stanovnika (u mil.) a
GDP (million EUR, current prices) 
BDP (u mil. HRK, tekuće cijene) b
GDP per capita (in EUR) 
BDP (u mil. EUR, tekuće cijene)
GDP - year-on-year rate of growth (in %, constant prices) 
BDP po stanovniku (u EUR)
Average CPI year-on-year inflation rate 
BDP - realna godišnja stopa promjene (u %)
Current account balance (million EUR) c 
Prosječna godišnja stopa inflacije potrošačkih cijena
Current account balance (as of % GDP) 
Tekući račun platne bilance (u mil. EUR) c
Exports of goods and services (as of % GDP) 
Tekući račun platne bilance (u % BDP-a)
Imports of goods and services (as of % GDP) 
Izvoz robe i usluga (u % BDP-a)
External debt (million EUR, end of year) c 
Uvoz robe i usluga (u % BDP-a)
External debt (as of % GDP) 
Inozemni dug (u mil. EUR, na kraju razdoblja) c
External debt (as of % exports of goods and services) 
Inozemni dug (u % izvoza robe i usluga)
External debt service (as % of exports of goods and services) d 
Otplaćeni inozemni dug (u % izvoza robe i usluga) d
Exchange rate on 31 December (HRK : 1 EUR) 
Devizni tečaj za 31. prosinca (HRK : 1 EUR)
Exchange rate on 31 December (HRK : 1 USD) 
Devizni tečaj za 31. prosinca (HRK : 1 USD)
Average exchange rate (HRK : 1 EUR) 
Prosječni devizni tečaj (HRK : 1 EUR)
Average exchange rate (HRK : 1 USD) 
Prosječni devizni tečaj (HRK : 1 USD)
Consolidated general government net lending (+)/borrowing (-) (million HRK) e 
Neto pozajmljivanje (+)/zaduživanje (-) konsolidirane opće države (u mil. HRK) e
Consolidated general government net lending (+)/borrowing (-) (as % of GDP) e 
Neto pozajmljivanje (+)/zaduživanje (-) konsolidirane opće države (u % BDP-a) e
General government debt (as % of GDP) e 
Dug opće države (u % BDP-a) e
Unemployment rate (ILO, persons above 15 years of age) f 
Stopa nezaposlenosti (prema definiciji ILO-a, stanovništvo starije od 15 god.) f
Employment rate (ILO, persons above 15 years of age) f 
Stopa zaposlenosti (prema definiciji ILO-a, stanovništvo starije od 15 god.) f
a The population estimate of the Republic of Croatia for 2000 is based on the 2001 Census and that for the 2001-2015 period on the 2011 Census. 
a Procjena stanovništva RH za 2000. temelji se na popisu iz 2001., a podaci za razdoblje od 2001. do 2015. zasnivaju se na popisu iz 2011. godine.
Data for 2016 are preliminary. 
Podaci za 2016. privremeni su.
b The GDP data are presented according to the ESA 2010 methodology. 
b Podaci su iskazani prema metodologiji ESA 2010.
Data for 2015 and 2016 are preliminary. 
Podaci za 2015. i 2016. privremeni su.
c Balance of payments and external debt data are compiled in accordance with the methodology prescribed by the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) and the new sector classification of institutional units in line with ESA 2010. 
c Podaci platne bilance i inozemnog duga temelje se na metodologiji koju propisuje šesto izdanje Priručnika za sastavljanje platne bilance i stanja međunarodnih ulaganja (BPM6) te na novoj sektorskoj klasifikaciji institucionalnih jedinica u skladu sa standardom ESA 2010.
Balance of payments and external debt data are based on the most recent available balance of payments data up to the trird quarter of 2016 and data on the gross external debt position as at the end of November 2016. 
Podaci platne bilance i inozemnog duga zasnivaju se na posljednjim dostupnim podacima o platnoj bilanci zaključno s trećim tromjesečjem 2016. i o stanju bruto inozemnog duga na kraju studenoga 2016.
d Includes principal payments on bonds, long-term trade credits and long-term loans (excluding liabilities to affiliated enterprises), as well as total interest payments (including FISIM), without interest payments on direct investment. 
d Otplate inozemnog duga uključuju otplate glavnice na osnovi obveznica, dugoročnih trgovinskih kredita i dugoročnih kredita (isključujući obveze prema vlasnički povezanim poduzećima) te ukupnu otplatu kamata (uključujući FISIM), bez otplate kamata s osnove izravnih ulaganja.
e Fiscal data is shown according to the ESA 2010 methodology. 
e Proračunski podaci iskazani su prema metodologiji ESA 2010.
f Data for the 2007-2013 period are revised and therefore no longer comparable to data for the 2000-2006 period. 
f Podaci za razdoblje od 2007. do 2013. revidirani su, stoga nisu usporedivi s podacima za razdoblje od 2000. do 2006.
Competitiveness 
HNB
The tables with data on competitiveness show the index of the nominal effective exchange rate of the kuna and the indices of real effective exchange rates of the kuna. 
Tablice s pokazateljima konkurentnosti prikazuju indeks nominalnoga efektivnog tečaja kune i indekse realnih efektivnih tečajeva kune.
The index of the nominal effective exchange rate is an aggregate indicator of the average value of the domestic currency against a basket of currencies of the main trading partners of the Republic of Croatia. 
Indeks nominalnoga efektivnog tečaja agregatni je pokazatelj prosječne vrijednosti domaće valute prema košarici valuta glavnih trgovinskih partnera Republike Hrvatske.
The indices of real effective exchange rates of the kuna are often used as indicators of changes in international competitiveness of the domestic economy, and are calculated by deflating the index of the nominal effective exchange rate of the kuna. 
Indeksi realnih efektivnih tečajeva kune vrlo često se rabe kao pokazatelji promjena međunarodne konkurentnosti domaćega gospodarstva, a izračunavaju se deflacioniranjem indeksa nominalnoga efektivnog tečaja kune.
The relevant relative domestic and foreign price indices or unit labour cost indices are used as deflators. 
Pritom se kao deflatori uzimaju odgovarajući indeksi relativnih domaćih i inozemnih cijena ili jediničnih troškova rada.
TABLE H11 Effective exchange rate indices 
TABLICA H11 Indeksi efektivnih tečajeva kune