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On June 16th the European Council closed an excessive-deficit procedure (EDP) for Croatia, confirming that the country's deficit had shrunk to within the EU's 3% of GDP limit. Croatia had [...]

The economy finally returned to relatively robust growth in 2015-17, but it faces several challenges in the medium term, including hefty public and external debt, an ageing and shrinking population, [...]

In 2017 the government and the Croatian National Bank (CNB, the central bank) started discussions on eventually joining the euro zone, given the high level of euroisation of the economy. [...]

Co-orientation model of public relations was applied in researching the communication between the general public. A survey was conducted to determine the opinion of citizens on foreign direct investment across three countries, namely Croatia, Serbia and Slovenia. Details and results of the study are presented.

The effect of privatization of banks in transition countries, i.e., Bulgaria, Czech Republic, Croatia, Hungary, Poland and Romania, is analyzed.

The parliamentary election of January 2000 brought in a new coalition between the Social Democratic party (SDP), Croatian Social Party (HSLS), Croatia Peasant Party (HSS), Istrian Democratic Party (IDS), Liberal [...]

In 2015 Croatia posted a large current-account surplus, equivalent to 5% of GDP. This was a result of a strong services surplus on the back of another good tourism season, [...]

Croatia runs a heavily managed float, supported by regular foreign-exchange interventions from the CNB. The central bank also holds regular reverse repo auctions to provide kuna liquidity. In 2016 the [...]

The CNB will prioritise maintaining the stability of the kuna against the euro, given the economy's large net foreign-currency exposure. The CNB has traditionally defended the exchange rate through foreign-exchange [...]

In January 2014 the European Council initiated an excessive-deficit procedure (EDP) against Croatia. The general government deficit for 2015 narrowed signifi-cantly, to 3.3% of GDP, from 5.4% in 2014, driven [...]

The Croatian economy finally returned to a relatively robust level of economic growth in 2016, but it faces several challenges in the medium term, including hefty public and external debt, [...]

The Croatian National Bank (CNB, the central bank) will prioritise maintaining the stability of the kuna against the euro, given the economy's large net foreign-currency exposure. The CNB has traditionally [...]

The government faces several challenges, including hefty public and external debt and a weak economy. Monetary policy has been surrendered to preserve the stability of the kuna's nominal exchange rate [...]

In January 2014 the European Council initiated an EDP against Croatia. The initial target for a fiscal deficit equivalent to 4.6% of GDP in 2014 was unrealistic in the context [...]

The Croatian economy is ready to resume its post-communist economic resurgence which had been going on only to be rudely interrupted by the civil war that tore Yugoslavia into several separate countries. With the war over, the Croatian government will be able to set its economy in order. Tourism and foreign investments are expected once more to become major sources of income. Monetary policies designed to control inflation have actually already been set in place., In the aftermath of war, Croatia is faced with the problem of how to boost living standards and slim down the overblown banking sector The end of the war in [...]

The various republics that made up Yugoslavia have each started efforts geared towards the privatization of state industries. While only Croatia and Serbia have actually signed such measures into law, the other states are using old Yugoslavian federal regulations. However, all these measures have not really resulted in true privatization. The Yugoslavian successor states still have large public sectors and feature numerous holding companies which represent the state. In short, privatization efforts have brought only cosmeticchanges.

The government faces a multitude of challenges, including a gaping fiscal deficit, hefty public and external debt piles, an economy that is still contracting and falling employment. The tools at [...]

The CNB will prioritise the stability of the kuna against the euro during the forecast period, given the economy's large net foreign-currency exposure. The CNB has traditionally defended the exchange [...]

Croatia posted a fiscal deficit equivalent to 5.2% of GDP in 2013 (ESA 2010 definition). As expected, the European Council opened an EDP against Croatia in January 2014. This set [...]

Croatia's progress in the two years since former president Franjo Tudjman died and the present pro-reform coalition government was elected has been impressive. Politics have become more open and democratic. [...]

The Croatian National Bank (CNB, the central bank) will prioritise the stability of the kuna against the euro during the forecast period, given the economy's large net foreign-currency exposure. The [...]

The government will continue to adhere to an agenda of EU-mandated reforms. Since coming to power, the government has pursued fiscal consolidation, which has included the privatisation of state-owned companies. [...]

The Croatian National Bank (CNB, the central bank) will prioritise the stability of the kuna against the euro during the forecast period, given the economy's large net foreign-currency exposure. The [...]

Croatia has singlehandedly engineered a turnaround of its economy despite the severe odds it had to face. Ravaged by the Bosnia-Herzegovina war, the country was left with an astronomical public expenditure debt and war damages amounting to $23 billion in 1993. Despite these handicaps, Croatia implemented a rigid macroeconomic program that highlighted the reduction of the budget deficit and the placement of tight monetary controls. In addition, privatization was implemented on selected state-owned firms while other government corporations were incorporated as public or private firms., A remarkable turnaround has been achieved in Croatia which has managed the job single handed. Quietly, without the rest of the world yet realising it, Croatia could be shaping up [...]

The government has made some progress towards fiscal consolidation. Tax policy is being reformed. Value-added tax (VAT) has been increased by 2 percentage points, to 25%; the 20% tax on [...]

The government will continue to adhere to an agenda of EU-mandated reforms. In order to defend Croatia's credit rating, the government is pursing fiscal consolidation, which includes restructuring and privatisation [...]

The government will continue to adhere to an agenda of EU-mandated reforms, including the restructuring and privatisation of state-owned companies. In order to defend Croatia's credit rating, the government has [...]

On April 7, 1992, the United States recognized the independence of Slovenia, Croatia, and Bosnia. At the same time, it lifted the trade sanctions that had been in place on [...]

These are challenging times for Croatian policy-makers. Last October, after several months of haggling between Zagreb and the European Commission over Croatia's willingness to cooperate with the United Nations War [...]

January's re-election of president Stjepan Mesic, with two-thirds of the votes, is more proof that the overwhelming majority of Croatia's 4.4 million people want to see their country become a [...]

Since the death of President Franjo Tudjman in December 1999, Croatia has made big steps towards European integration. In October 2001, it signed a Stabilisation and Association Agreement with the [...]

Compared with most transition countries, Croatia is overbanked. With a population of 4.4 million it has 40 commercial banks compared with the 27 banks and foreign bank branches operating in [...]

* Industrija Nafte, PricewaterhouseCoopers and Deutsche Bank have submitted a report to the government covering the reform of the country's oil and gas market, the restructuring of Ina and an [...]

Croatia's new finance minister has a difficult time ahead of him as the country adjusts to the post-Tudjman era. In one of his first interviews after taking office Mato Crkvenac [...]

PRIVATIZATION of Croatia's banking sector progressed last month with the publication of invitations for expressions of interest in the three institutions scheduled to be sold this year. First off the [...]

Croatia's consolidated government deficit has risen to $556 million in 2008. The government has made substantial cuts in its expenditures. The country's budget is seen to undergo further revisions.

Question Following many years of political and economic uncertainty Croatia finally has entered the path to stability and growth. The process of transformation and privatisation of the Croatian economy complement [...]

Croatia has set its sights on reforming the banking sector following the relative success of its macroeconomic stabilization program. Privredna Banka Zagreb, the second largest bank in Croatia, is on the lookout for strategic investors as part of its rehabilitation. Privredna is included in Croatia's bank rehabilitation program, which aims to overhaul financially troubled firms through recapitalization, restoration of their liquidity and by allowing their non-performing assets to be taken over by the Bank Rehabilitation Agency. The rehabilitated banks would then become part of the country's privatization scheme., Macroeconomic stabilisation has been achieved; now the banking sector is due for some consolidation For some time, Croatia has mostly exported to western markets, so Russia s financial problems last [...]

DUBROVNIK, Croatia -- Tourism officials here unveiled a revitalization plan aimed at returning the nation's Dalmatian coast to its prewar glory as the Yugoslav Riviera. The war, which erupted in […]