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Early vote looms in Croatia as lawmakers dissolve Parliament

The early parliamentary elections are likely be held in September, the Nacional reported.

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Croatia’s parliament decided on Monday that it will dissolve on July 15 after 137 MPs voted in favour of the date.

Croatian politicians have voted to dissolve parliament, paving the way for a snap election after bringing down the fragile five-month old government last week.

The Croatian Democratic Union, or HDZ, led Croatia to independence from the former Yugoslavia and ruled for years after the war of the 1990s. Opposition parties, however, collected enough votes in the parliament for the dissolution and the holding of early elections.

The conservative HDZ party that initially helped Oreskovic come to power called for the no-confidence vote. The coalition of HDZ and Bridge, formed after inconclusive November elections, bickered for months, muddling the premier’s plans to shore up an economy emerging from a record recession.

Analysts have raised concerns that an election may not help the newest European Union member improve its financial situation.

The political crisis escalated last month with a conflict of interest affair involving Tomislav Karamarko, the powerful HDZ head and deputy premier.

Darko Milinovic, from the Croatian Democratic Union – known as HDZ – said the party is yet to discuss further moves.

Karamarko said his decision to step down was not made “due to technical problems or pressure from anyone”. “I promised a majority in parliament and did not make it”.

President Kolinda Grabar-Kitarovic of Croatia arrives to address attendees during the 70th session of the United Nations General Assembly at the U.N. headquarters in New York, September 30, 2015.

Relations between Serbia and Croatia are key for Balkan stability.

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Analysis firm IHS has said this “latest political impasse” is likely to spell prolonged instability and undermine the country’s economic recovery, Reuters reports.

Parliament of Croatia