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ZAGREB, 27 Oct 2021 - Croatian National Bank (HNB) Governor Boris Vujčić said on Wednesday that next year Croatia would know the exact date for its changeover to the euro, adding that a strong campaign will be conducted in 2022 to inform the public of all the details. Addressing a conference on what switching to the euro would mean for SMEs, which was organized by the 24 Sata daily, Vujčić underscored that Croatia has set a date for the introduction of the euro currency, but next year only will we know the exact date of the euro changeover. If that is to…

ZAGREB, 27 Oct 2021 - Krešimir Rogina, an architect and leader of the International Summer School of Architecture in Grožnjan, and Bernarda Ivančan, have been awarded a silver medal for their project Storiescapes, the Croatian Musical Youth reported on Wednesday. Ivančan and Rogina presented their project at the International Architectural Design Competition in Japan. The project won the second prize placing Croatia among the world leaders in this area. The judging panel always includes leading Japanese architects like Kengo Kuma, Jun Aoki, and Yoshiharu Tsukamoto. This year's theme was Interpathetic Spaces dealing with the effects of COVID-19 and the way it has changed our…

ZAGREB, 27 Oct 2021 - The main Zagreb Stock Exchange (ZSE) indices closed in the red on Wednesday, with the Crobex falling by 0.96% to 2,027 points and the Crobex10 by 0.66% to 1,235 points.  Turnover at the close of the trading session was HRK 11.3 million, about 3 million higher than on Tuesday. The highest turnover, of HRK 2.17 million, was generated by the Atlantska Plovidba shipping company. The price of its share fell by 1.18% to HRK 502. It was followed by plastic car parts manufacturer AD Plastik with a turnover of HRK 1.92 million. It ended the…

October 28, 2021 – Where the fields and vineyards of the lower Bilogora foothills meet the Drava floodplain and Croatia's only desert, you find the town of Đurđevac. The east of Croatia is not known for its mountains. And yet, a long stretch of more or less continuous hills separates the Drava river's long valley from the rest of Croatia. For around 80 kilometres, part of the task is taken by the relatively low-lying Bilogora mountains. The land between the mountains and the river slopes gently from foothills to floodplains. It is fertile, filled with vineyards and fields of agriculture.…

October 27, 2021 - Dinamo, Gorica, Istra 1961, and Lokomotiva are the latest Croatian clubs to advance to the Croatian Cup quarterfinals.  Dinamo secured a spot in the Croatian Cup quarterfinals. After a lot of trouble, the Blues defeated the leading team of the 2nd HNL BSK 3:2 away in Bijelo Brdo. The Zagreb club took a quick lead in the second minute of the match thanks to Amir Gojak. However, BSK's Mory Gbane equalized in the 33rd minute. Two minutes later, Josip Čikvar scored for 2:1 BSK after a mistake by Dinamo goalkeeper Vladimir Zagorec. However, Dinamo equalized in the…

October 27, 2021 - With five key players retiring in the last few months, how does the Croatia water polo future look? Croatia coach Ivica Tucak and Federation director Perica Bukić weigh in on what to expect with the new generation.  Uncertain days are ahead of the Croatia water polo team after losing five core players since the Tokyo Olympics, reports Gol.hr. A generation change is now inevitable, and Ivica Tucak wants a national team ready for big competitions next year. Recall, the European Championship is played in Split next September, after all.  The last few weeks have been turbulent…

ZAGREB, 27 Oct 2021 - Social Democratic Party MP Sabina Glasovac said on Wednesday the measures against the spread of COVID-19 were inconsistent and illogical, calling out Prime Minister Andrej Plenković for deciding to close schools without explanation. "We still don't know on what basis the measures are being adopted. Is it based on the number of new infections or those hospitalised? Or those who end up on ventilators? Or based on the number of deaths?" Glasovac said in parliament. Euro referendum Hrvoje Zekanović of the Croatian Sovereignists called on MPs to sign today a petition for a referendum on the…

ZAGREB, 27 Oct 2021 - MP Renata Sabljar-Dračevac (Social Democrats) said on Wednesday there was no longer any trust in the national COVID-19 crisis management team and called for its resignation. Due to the high COVID-19 mortality rate and extreme irresponsibility, we call for the resignation of the national COVID-19 crisis management team and the appointment of serious experts who would restore the trust of citizens with consistency and expertise, achieving thus a better vaccination rate, the MP said. According to unofficial data, Croatia has 4,400 new cases today, there have been 30 deaths over the past 48 hours, and the…

ZAGREB, 27 Oct 2021 - Prime Minister Andrej Plenković announced on Wednesday in the parliament that the minimum net wage would increase by HRK 350 or 10.3% as of January, from HRK 3,400 to HRK 3,750, that is to €500. The government would pass the decision on Thursday, the prime minister said, submitting to the parliament the annual report on the work of the government. He underscored that the government was raising the minimum wage for the first time to more than 50% of the average net salary and to over 60% of the median net salary, which would impact…

ZAGREB, 27 Oct 2021 - In the first nine months of 2021, Zagrebačka Banka generated HRK 1.07 billion in profit after taxes, up 22% on the year, according to an unconsolidated financial report released on Wednesday. Operating revenue was HRK 2.8 billion, down 1.8% on the year, while operating costs were HRK 1.2 billion, up by HRK 9 million on the year. The cost-revenue ratio was 42.3%. The bank's assets totaled HRK 131.3 billion, up 5.5% on the year, while net lending totalled HRK 68.6 billion, up by HRK 1.1 billion as a result of higher exposure to the government. Client deposits were…