The Award Committee for the annual Prof. Dr Marijan Hanžeković Prize for 2006, comprising Will Bartlett (University of Bristol, School for Policy Studies); Predrag Bejaković (Institute of Public Finance, Zagreb), Marko Škreb (Privredna banka Zagreb); Maja Vehovec (institute of Economics, Zagreb) and Katarina Ott (Institute of Public Finance, Zagreb) has made the following decision:

• the first prize in the regular category, a diploma, a medal and 50,000 kuna is awarded to Ana Maria Čeh  and Ivo Krznar for the work Optimal Foreign Reserves: The Case of Croatia.

The prize-winning papers is published in the journal  Financial Theory and Practice, No. 4/2008.