Zeljko Glasnovic – Launching Real Croatian Economy Changes Campaign

Saturday 16 December 2017, Member of Croatian Parliament for the Croatian diaspora, has launched a campaign evidently with a view to accelerating changes needed for a robust economic growth in Croatia, which process, according to this campaign, needs to bring in real changes in legislation and economic stimuli that favour increased productivity and investments (particularly from […]

Croatia: HDZ Sets Entrepreneurial Tone For Reforms To Drive Economy

  Croatia’s largest political party in opposition – HDZ (Croatian Democratic Union) – had Monday 29 June released its platform or program for economic recovery (employment growth and investments …) and that, in itself, one could say is nothing special – we’ve seen it all before, especially during pre-election times and Croatia is heading for […]

Croatia: Major Cabinet Reshuffles To Stifle Progress

  The current Social Democrat (SDP) led government started at the end of 2011 with a huge stick of high ambition for serious reforms; they vowed with their so-called “Plan 21” to rid Croatia of the “bad” effects the previous Croatian Democratic Union (HDZ) had according to them inflicted upon Croatia’s economy; they vowed that […]

Croatia For Sale!

  The loud invocation for foreign (or domestic) investors in Croatia, whose arrival, as politicians and business high-rollers claim, would solve all the problems in the country, has been a daily occurrence in the economic-political circles. It’s been said over and over again that favourable conditions need to be created for investors to come, to […]

Pan-Croatian Economic Forum: A Step Forward Or Just A Lot Of Hot Air?

In both Western and Eastern folk superstitions Friday the 13th is a day of bad luck! But, there are exceptions as, for instance, in Croatia an old folktale says that a Friday the 13th is the most desirable date in the year to have one’s fortune told, whether it be through coffee-cup readings, tarot cards […]

Croatian Economy: The Gangrene Must Out

“The beginning of 2013 was marked by stagnating movements in economic activities. Significant drop in exports came as well, coupled, though, with concurrent strengthening of domestic demand under the influence of increased government’s investment activities,” said the Croatian National Bank’s (HNB) analysis of the economic movements in Croatia on 8 May. “In such conditions, the […]

Croatia: the economy prop up – debt recovery enforcements or getting blood out of a stone

When it comes to searching for good government initiatives in creating a positive or reassuring mien in effective promulgation of individual citizen’s responsibility in achieving solid economic behavior and behavior expected within a democratic framework, don’t come knocking on Croatian government’s door. Much of what you’ll get are forceful, almost punitive measures that seem to […]

Croatia: Small business red tape cut in efforts to stimulate self-employment

Although received with a fair amount of skepticism and confusion by many in Croatia the government’s seemingly swift move to cut red tape, simplify small business registration and make it affordable to any entrepreneur or person with a view to entering into a business enterprise is praiseworthy. As of 18 October people in Croatia are […]

Croatia: far from Euro?

At the meeting that put together the new leadership of the Croatian Social Democrats party (currently in government), June 16, minister of finance Slavko Linic said that new rises in prices were not dependent on the ministry of finances and that the prices of food, shoes and clothing did not rise with the increase of […]

Croatian economy: Political blame game net – now cast wider

Croatia’s finance minister Slavko Linic had spent a recent week in the USA in the successful bid to sell USD1.5 billion Croatian bonds to private investors. While increasing Croatia’s foreign debt, the government says this was essential in order to create the capability of repaying due foreign debt obligations and to create an atmosphere/conditions for […]

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