Nikica Valentic
Encyclopedia
Nikica Valentić is a Croatia
Croatia
Croatia , officially the Republic of Croatia , is a unitary democratic parliamentary republic in Europe at the crossroads of the Mitteleuropa, the Balkans, and the Mediterranean. Its capital and largest city is Zagreb. The country is divided into 20 counties and the city of Zagreb. Croatia covers ...

n politician.

Native of Gospić
Gospic
Gospić is a town in the mountainous and sparsely populated region of Lika, Croatia. It is the administrative centre of Lika-Senj county. Gospić is located near the Lika River in the middle of a karst field....

, Valentić graduated from the University of Zagreb
University of Zagreb
The University of Zagreb is the biggest Croatian university and the oldest continuously operating university in the area covering Central Europe south of Vienna and all of Southeastern Europe...

 Faculty of Law.

Before being involved in politics, Valentić was a high-ranking official of INA, the Croatian oil company.

On April 4 1993, as a member of the Croatian Democratic Union
Croatian Democratic Union
The Croatian Democratic Union is the main center-right political party in Croatia. It is the biggest and strongest individual Croatian party since independence of Croatia. The Christian democratic HDZ governed Croatia from 1990 to 2000 and, in partial coalition, from 2003...

, he was appointed by President Franjo Tuđman to the post of Croatian prime minister. He served in that position until November 4, 1995.

A few months after taking office his cabinet de-valued the Croatian currency Croatian dinar, stopping the inflation and bringing some sort of economic stability to Croatia for the first time after the start of war. In June 1994 the Croatian dinar was replaced with the kuna
Croatian kuna
The kuna is the currency of Croatia since 1994 . It is subdivided into 100 lipa. The kuna is issued by the Croatian National Bank and the coins are minted by the Croatian Monetary Institute....

.

In 1995, during his term in office, the Croatian military and police conducted Operation Storm
Operation Storm
Operation Storm is the code name given to a large-scale military operation carried out by Croatian Armed Forces, in conjunction with the Army of the Republic of Bosnia and Herzegovina, to gain back control of parts of Croatia which had been claimed by separatist ethnic Serbs, since early...

 which would ultimately lead to the end of the war in Croatia and neighbouring Bosnia and Herzegovina
Bosnia and Herzegovina
Bosnia and Herzegovina , sometimes called Bosnia-Herzegovina or simply Bosnia, is a country in Southern Europe, on the Balkan Peninsula. Bordered by Croatia to the north, west and south, Serbia to the east, and Montenegro to the southeast, Bosnia and Herzegovina is almost landlocked, except for the...

.

After his term expired, he served as a member of the Croatian Parliament until 2003.
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