News

Wednesday, 20 April 2022

Could Croatian Inflation Reach Six Percent This Year?

April the 20th, 2022 - Might Croatian inflation reach six percent this year? Croatian Government statisticians are continuing to record relentless and very concerning accelerations in terms of price growth: Croatian inflation, as measured by the consumer price index, rose to 7.3 percent year on year in March. As Poslovni Dnevnik writes, the aforementioned figures in terms of Croatian inflation repesent the highest levels since the summer of 2008, and in just one month, prices rose by an average of 2.1 percent. The energy war between Vladimir Putin and Europe, in addition to the horrendous Russian invasion of neighbouring Ukraine, is…
Tuesday, 19 April 2022

Lawyer: Tuđman Would Certainly Pardon Perković and Mustač

ZAGREB, 19 April 2022 - Lawyer Anto Nobilo formally asked the Ministry of Justice and Administration on Tuesday to pardon Yugoslav-era intelligence officials Josip Perković and Zdravko Mustač, who have been sentenced to life imprisonment for their roles in the murder of a political emigrant in Germany 39 years ago. "I do not know what President Zoran Milanović will decide, but I do know that Franjo Tuđman, if he were still alive, would pardon them both and (the late defence minister) Gojko Šušak would be the first on the list of generals to sign it," Nobilo told the press. Perković…
Tuesday, 19 April 2022

Medved: President's Office, Attorney Created Motion to Pardon Perković, Mustač

ZAGREB, 19 April 2022 - War Veterans Minister Tomo Medved said on Tuesday the process of collecting generals' signatures and a motion for the pardon of Josip Perković and Zdravko Mustač were "created" by President Zoran Milanović's Office and Perković's attorney Anto Nobilo. "I hope that, in signing, the generals received more information about the motives and goals of collecting the signatures and that they will say more about it, as well as the attorney and the President's Office staff," Medved told the press. He said this was a political initiative started by Nobilo by applying for an early release from prison. The…
Tuesday, 19 April 2022

Further Decrease in Vulnerability of Financial Services Sector Hampered by Inflation

ZAGREB, 19 April 2022 - The Croatian financial services sector's exposure to systemic risks slightly decreased at the end of 2021, primarily due to the strong economic recovery, but a further decrease in the sector's vulnerability is being hampered by accelerated inflation and the escalation of geopolitical risks, HANFA said on Tuesday. A more significant recovery and decrease in vulnerability of the sector is being hampered by accelerated price increases, which is reducing household purchasing power and slowing down consumption. Another source of uncertainty is the still present COVID-19 measures and the escalation of geopolitical risks relating to the war in Ukraine and sanctions…
Tuesday, 19 April 2022

Zagreb Mayor Supports Minister's 5-Point Plan to Step Up Post-Quake Reconstruction

ZAGREB, 19 April 2022 - Zagreb Mayor Tomislav Tomašević said on Tuesday that he supported a five-point plan to step up the post-earthquake reconstruction, presented by the new Construction Minister, Ivan Paladina, on 14 April. "We welcome these five points because they are in substance what we have been advocating since we came to power (in the City of Zagreb)," said the mayor. Tomašević declined to comment on media reports on the previous career and the declaration of assets of Minister Paladina and on the media questioning if Paladina was a good choice for this position. "I have never delved into…
Tuesday, 19 April 2022

Croatia Records Nearly 500,000 Tourist Nights Over Easter Holidays

ZAGREB, 19 April 2022 - About 135,000 tourists stayed in Croatia over the Easter holidays, on 15-18 April, generating 493,000 nights, 346,000 more than over Easter 2021, the National Tourist Board (HTZ)  said on Tuesday. Foreign tourists accounted for 103,000 arrivals and 412,000 nights, while registered domestic tourists accounted for 31,000 arrivals and 80,000 nights. Istria County saw the largest number of nights at 188,000. The most popular destinations in terms of nights were Poreč, Rovinj, Dubrovnik, Zagreb, Split, Umag and Zadar. Tourists from Germany, Austria, Slovenia, Italy and Slovakia accounted for the largest number of nights. Most of them stayed in…
Tuesday, 19 April 2022

HDZ: Initiative to Pardon Perković, Mustač Doesn't Come From Generals But Milanović

ZAGREB, 19 April 2022 - The initiative to pardon Yugoslav and then Croatian intelligence agents Josip Perković and Zdravko Mustač did not come from Homeland War generals but President Zoran Milanović, the ruling HDZ party said on Tuesday. A source close to the HDZ leadership said "Milanović's initiative unnecessarily divides society and brings unrest among generals and war veterans" as well as "double criteria" towards participants in the Homeland War and the veterans. The source said a pardon had not been requested for even one veteran for his contribution to Croatia's defence, yet was now being requested for persons proven to have ordered crimes committed by…
Tuesday, 19 April 2022

EMS Workers' Unions to Prepare Their Proposal for Emergency Medical Aid Law

ZAGREB, 19 April 2022 - Trade unions of emergency medical services workers on Tuesday held a working meting with Health Minister Vili Beroš on their demand to adopt a single law on emergency medical aid which will stipulate an accelerated retirement plan for paramedics. The unionists expressed satisfaction with the meeting and said that they would present their proposal for an emergency medical aid bill in two weeks' time. Unionist Danijel Šota said that a new meeting would be convened in two weeks' time to discuss the proposed drafts for this legislation that will regulate a reduced working life for EMS workers, the expansion…
Tuesday, 19 April 2022

Zagreb-Based Company Returns 95% of Processed Hazardous Waste Into Production

ZAGREB, 19 April 2022 - Economy Minister Tomislav Ćorić on Tuesday visited the Premifab company in Zagreb which recycles and processes hazardous waste and returns 95% of it into production. Premifab cofounder Igor Podravac said the company used hazardous waste to make a solvent and that it was totally CO2 neutral, without any harmful emissions. In Croatia, the company mostly covers the pharmaceutical and automobile industries as well as the production of food packaging. It generates 35% of its revenue in the region, cooperating with the car industries of Serbia and Slovenia, the Slovenian pharmaceutical industry, and several companies in Italy and…
Tuesday, 19 April 2022

WRC Croatia Rally Kicks Off on 21 April

ZAGREB, 19 April 2022 - WRC Croatia Rally, which will bring together the world's best rally drivers, will be held on 21-24 April with speed tests through five Croatian counties -- Zagreb, Karlovac, Krapina-Zagorje, Primorje-Gorski Kotar and Varaždin -- while the ceremonial start and finish will be in Zagreb. The World Rally Championship will be held for the second time in Croatia. A record number of spectators is expected at the FIA World Rally Championship in Croatia. The organisers estimate that there may be over 350,000 spectators in special fan zones and along the track, and they are expected to arrive from Europe…
Tuesday, 19 April 2022

Bosnian Serb Entity Building Family Homes for Croatian Serb Quake Victims

ZAGREB, 19 April 2022 - Croatian MP Milorad Pupovac and the director of the Bosnian Serb entity's secretariat for the displaced and migration, Davor Čordaš, on Tuesday signed an agreement on the construction of houses for Serb families whose homes were destroyed in the 2020 earthquake in Croatia's Banovina region. The agreement is worth HRK 6 million and envisages the construction of ten prefab houses, to be made by the Steco factory in Bijeljina, Bosnia and Herzegovina. The agreement was signed in the Bosnian Serb entity's capital of Banja Luka. Prior to that, Pupovac held talks with the entity's prime minister, Radovan Višković,…

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