News

January 19, 2022 - It has taken seven years for the Šolta-Brač underwater tunnel project to get a more concrete status in the Split-Dalmatia County Spatial Plan.  The status change took place in the third amendment, adopted in December last year. As a result, the essential provision on considering the possibility of underwater connections between the two central Dalmatian islands was replaced by classifying the project in the network of state roads to be built, Slobodna Dalmacija writes. According to the plan, on the Šolta side, the entrance to the tunnel would be in the Livka area, and on the Brač side…

January 19, 2022 - The latest flight news to Croatia as two Polish Lot Zadar lines will return this summer, and Brussels Airlines Split and Dubrovnik flights have been announced from April.  Polish national airline, LOT Polish Airlines, will resume traffic between Zadar and Rzeszow, the largest city in southeastern Poland, in the upcoming summer flight schedule, reports Croatian Aviation. Namely, LOT has announced on its official website that the Zadar-Rzeszow line, a city in southeastern Poland with just under 200,000 inhabitants, will return this summer. This route was introduced by the Polish airline in the summer of 2020, and…

January the 19th, 2022 - While it might not seem to be the case when watching people fail to separate their waste or constantly use single use plastics, but Croatian ecological awareness is the highest among five Central European countries. As Poslovni Dnevnik/Darko Bicak writes, when compared to five other Central European countries, the strongest increase in support for nature care was recorded among Croatian residents, according to a study published in the Journal of Sociology. The work of sociologists Bruno Simac, Tijana Trako Poljak and Vladimir Ivanovic from the Faculty of Philosophy in Zagreb analyses data from the European…

January the 19th, 2022 - The Croatian taxi market is set to be regulated by the Constitutional Court following a considerable amount of time spent in turmoil following a law change made back in 2018. As Poslovni Dnevnik/Darko Bicak writes, after the government managed to appease crises in the dynamic Croatian taxi market with the new Road Traffic Act 2018, the market has been relatively calm recently. However, the coronavirus crisis reduced the so-called market ''cake'', and back in 2020, taxi drivers started with the turmoil and protests once again due to certain provisions of this law, and at the…

January the 19th, 2022 - There are many things responsible for the ongoing Croatian demographic crisis, from corruption to salaries to a bad economy, the list goes on and on. Croatian youth typically live with their parents for far longer than we see in most other European countries (with the exception of a few similar ones), could this be why they'd rather take their chances abroad? As Poslovni Dnevnik/Marija Brnic writes, in the media presentation of the results of last year's damning census, the increase in housing units was singled out as a surprise, but this is not really unexpected. In…

January the 19th, 2022 - Former IT king Zeljko Brigljevic has created something quite impressive indeed - a furnace that breaks down environmentally harmful plastic and warms up the room. As Poslovni Dnevnik/Lucija Spiljak writes, the Zagreb-based company Makro Gradnja, with Zeljko Brigljevic at the helm, has been carefully developing this innovation that is now available on the market for a decade now - Macro Converter, a specially designed biomass stove that, simply put, heats the space while removing plastic and creates fuel, which makes this Croatian product unique. According to Zeljko Brigljevic, it could cheaply heat family hotels, mountain…

January 18, 2022 - The total financial assets of Croatian households reached HRK 576 billion in the third quarter of 2021, up by 2.2% from the previous quarter, while their liabilities increased by 1.2% to HRK 156 billion, the Croatian National Bank (HNB) said on Tuesday. As a result, the financial net worth of the household sector increased to HRK 420 billion, up by 2.6% from the previous quarter, continuing the trend of a gradual and steady increase in the financial net worth of this sector. At the same time, the financial assets of the Croatian economy stood at HRK 2.718 billion,…

January 18, 2022 - The main Zagreb Stock Exchange (ZSE) indices continued their upward movement on Tuesday, with the Crobex rising for the 18th trading day in a row and the Crobex10 for the seventh day. The Crobex increased by 0.62% to 2,201 points, its highest level since March 2017, and the Crobex10 gained 0.52% to close at 1,338 points, its highest level since its introduction in 2009. Turnover at the end of the trading session was close to HRK 9 million, roughly 5.4 million less than on Monday. An additional HRK 4.2 million was generated by a block transaction…

January 18, 2022 - Croatia tops Greece in the 1st round of the Water Polo World League in Athens. Croatia faces Russia next in February.  The Croatia national water polo team has finished preparations and played its first competitive match after the Olympic Games in Athens on Tuesday against Greece. It was the first game of a somewhat rejuvenated, and definitely different national team in which there are no more legendary players like Bušlje, Joković, Lončar, Garcia, and Obradović.  Croatia thus met Greece in the 1st round of the World League's Group D, a strong rival that won the silver…

January 18, 2022 - The Croatian Ministry of Finance sold HRK 1.7 billion worth of treasury bills at this year's first auction on Tuesday. They mature in one year and the interest rate is 0.01 per cent. The proceeds will be used to refinance treasury bills falling due. In advance of the maturity of treasury bills worth HRK 1.7 billion, the Ministry offered HRK 1.3 billion worth of treasury bills for a subscription. Financial institutions submitted bids worth slightly over HRK 2 billion and the Ministry accepted HRK 1.7 billion. The low-interest rate is the result of a large surplus of…