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March 9th, 2022 - Twelve countries from Europe and Africa are joining forces in a cultural project that will be implemented over the course of four years The Croatian National Theatre Ivan Zajc from Rijeka will partake in a four-year EU project together with a number of major European and African cultural institutions and cities. The recently approved project, entitled DECONFINING, will be co-financed by the Creative Europe programme. The project is worth over €3 million in total, and the budget granted to the Croatian National Theatre Ivan pl. Zajc will amount to about €400,000. The DECONFINING project will connect…

ZAGREB, 9 March 2022 - Croatia's banking system is stable, highly-capitalized and liquid, and the country's integration in the Exchange Rate Mechanism (ERM II) and efforts to adopt the euro have additional boosted those features, the Croatian Banking Association (HUB) said on Wednesday. The association underscores that the capital adequacy ratio of all the Croatian banks reached 25.6% at the end of 2021, "making the Croatian banking system one of the best capitalised banking systems in the world and one of the most developed in southeast Europe, which is why the system is fully prepared for the coming challenging period." Credit institutions…

ZAGREB, 9 March 2022 - Croatia has registered 2,588 new cases of COVID-19 in the past 24 hours and 26 people have died as a consequence, while there are 9,716 active cases in the country, the national COVID response team reported on Wednesday. Of that number, 853 patients are in hospital treatment, 59 are on respirators and 5,363 people are self-isolating. Under the vaccine roll out scheme, 65.57% of the adult population has been fully vaccinated. For more news about Croatia, click here.

ZAGREB, 9 March 2022 - Before the start of a formal debate in the parliament on the government's proposal for the introduction of the euro as the official currency in Croatia, two parliamentary groups expressed their opposition to the proposal. "Croatia is not ready to enter the euro area. Do not wander into the fog", Marijan Pavliečk of the Croatian Sovereignists  (HS) told Finance Minister Zdravko Marić. "Conduct structural reforms. Bring some order to public finances and then when we stand on our own feet, let the people decide in a referendum", Pavliček added. Miroslav Škoro (ZPH) claimed that the Croatian economy is…

ZAGREB, 9 March 2022 - The Croatia's industrial inventories at the end of January 2022 rose by 2.9% from the previous month and fell by 6.4% compared with January 2021, data from the National Bureau of Statistics (DZS) shows. Broken down by main industrial groupings, inventories of capital goods increased the most month on month, by 12.4%. Stocks of of intermediate goods grew by 7.7%, and of non-durable consumer goods by 1.2%, while inventories of durable consumer goods by 0.7%. On the other hand, inventories of energy dropped by 19.4% month on month. Year-on-year, inventories of capital goods were cut by 40.6%, and of…

ZAGREB, 9 March 2022 - The European Union (EU) Enlargement Commissioner Oliver Várhelyi  on Tuesday informed the European Parliament (EP) on the situation in Bosnia and Herzegovina and called for agreement on Bosnia's election law, while Croatian MEPs urged the amendment of that legislation soon. The developments in Bosnia and Herzegovina was one of the topics on the agenda of the EP on Tuesday in Strasbourg, and during the discussion members of the EP agreed that the war in Ukraine had also made the situation in Bosnia and Herzegovina more complicated. Last week, the EU increased its military presence in Bosnia and Herzegovina from…

ZAGREB, 9 March 2022 - Ivan Paladina, who has been nominated as the candidate for the new construction minister, said on Wednesday that he could not turn down the proposal made by Prime Minister Andrej Plenković for his nomination as it is a call to rebuild the earthquake-affected homes of Croatian citizens. "We have little time and a lot of work to do. I accepted this proposal as it also concerns the call to reconstruct the homes of our compatriots," Paldina said while presenting his agenda at a joint meeting of the parliamentary committees on construction and the economy today. He said that…

ZAGREB, 9 March 2022 - Prime Minister Andrej Plenković on Wednesday presented the nominated minister of construction, Ivan Paladina, in the parliament, and said that the candidate's experience and enthusiasm are supposed to be a useful contribution to his cabinet. "The government needs a man with the experience in the construction sector, project management, and real estate and with managerial and entrepreneurial skills so as to make the processes more dynamic," Plenković said at the joint meeting of the parliamentary committees on construction and the economy. Paladina, born in 1983, graduated from a faculty of economics and has also a postgraduate degree in…

March 9, 2022 - In a huge gesture of solidarity with Ukrainian veterinary students, the Zagreb Faculty of Veterinary Medicine has arranged for Ukrainian students to complete their clinical practices and studies in Croatia free of charge. Tomorrow will be two weeks since Russia launched a full-scale invasion of Ukraine. The result is a nearly 14-day war that has claimed the lives of 3,393 Ukrainian civilians and injured 9,000 others. Additionally, it is reported that as of yesterday, more than two million Ukrainians have fled their country because of the war. Some, especially in the first days of the Russian invasion,…

March the 9th, 2022 - The beautiful town of Opatija which is situated along Kvarner's dramatic coastline is breaking records it set back in pre-pandemic 2019, offering a more than encouraging insight into Croatian tourism recovery as a whole. Opatija tourism figures certainly don't have much to complain about so far in 2022 as we move forward. Opatija tourism numbers are looking excellent for the month of February 2022, and this beautiful town which boasts stunning Austro-Hungarian architecture, beautiful views and an ease of connectivity to many places across the rest of the country, including Rijeka and Zagreb, looks as…