Two And a Half Years Since Croatia Joined the EU, And What Now?

Davor Kunc

Davor Kunc

Programme Manager, Energy & Transport, EC

Last week the Croatian Permanent Representation in Brussels organised the first gathering of Croat nationals working in the EU institutions. The first networking event, regularly organised by other perm reps as well, came 2.5 years after the country’s membership in the Union. It was a beautiful sight to see — a couple of hundred young, bright, and motivated colleagues. The overall feeling was “a bit late, could have been done earlier, but ok, the Perm Rep is getting there”. Continue reading Two And a Half Years Since Croatia Joined the EU, And What Now?

The New Prime Minister Has the Important Goal Of Cutting the Budget Deficit

Vuk Vuković

Vuk Vuković

Zagreb School of Economics and Management

On January 22 2016, the Croatian Parliament finally ratified the new government giving it its necessary political legitimacy. This comes amid a daunting two and a half month post-election negotiation process between three parties (SDP, HDZ and MOST), in which the word turmoil can hardly describe the suspense, excitement and discontent amongst the media, the public, and the politicians themselves. Continue reading The New Prime Minister Has the Important Goal Of Cutting the Budget Deficit

Croatia Is the Link Between the Capital Markets Of the Western Balkans And the EU

Vedrana Jelušić Kašić

Vedrana Jelušić Kašić

EBRD Director, Croatia

Business has no borders, but in order to function well it needs links. Croatia is ideally located to provide those links between the European Union and the Western Balkans. Infrastructural connections are already in place. Now it’s time for Croatia to increase the role it can play in connecting capital markets. Continue reading Croatia Is the Link Between the Capital Markets Of the Western Balkans And the EU

2016 — a Year Of Revival In the Croatian Real Estate Market

Vedrana Likan

Vedrana Likan

Managing Partner, Colliers, Croatia

Croatia has officially overcome the economic crisis, with GDP displaying growth, albeit modest, for the third consecutive quarter. The GDP recovery is a result of numerous factors including trade partners’ recovery, the oil price slump, a record tourist season, personal income tax cuts and the relief that low interest rates have leveraged on households and firms. Continue reading 2016 — a Year Of Revival In the Croatian Real Estate Market

Economy Minister: Croatia Is Out Of Recession And Looking To Achieve Further Growth

Croatia joined the European Union on July 1 2013 and is still the youngest member state. The country suffered from the global economic crisis but is now on a straight path to growth. Emerging-Europe.com speaks to Ivan Vrdoljak, Croatian Minister of Economy, who had been in the office for two years prior to the country’s accession and is now ending his term as Croatia prepares for a general election in November. Continue reading Economy Minister: Croatia Is Out Of Recession And Looking To Achieve Further Growth

EBRD Emerging Europe Outlook On Croatia

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After six years of recession following the global financial crisis, Croatia retuned to growth with a 2.8 per cent GDP increase in Q3 2015 (yoy). In 2012, the government adopted a reform programme aiming at improving the business climate and competition. In result, in the World Bank’s Doing Business 2016, Croatia ranked 40th, 44 notches higher than in 2013. Now, with a new government announcing necessary reforms and a business-oriented Prime Minister taking over the reins, Croatia is expected to speed up its way towards higher growth. Continue reading EBRD Emerging Europe Outlook On Croatia