News

Tuesday, 27 July 2021

Pandemic Induced Uncertainty Leading to Many Croatian Zombie Companies

July the 27th, 2021 - Although the title might sound rather funny, Croatian zombie companies are not only no laughing matter but are only increasing in their numbers as a result of the ongoing coronavirus pandemic. As Poslovni Dnevnik/Jadranka Dozan writes, despite a certain degree of domestic economic recovery and a better macroeconomic outlook, which also reduces short-term risks in the corporate sector, structural vulnerabilities in Croatia and overall exposure to systemic risks remain elevated, according to the Croatian National Bank (CNB). The risks to the resolvability of companies whose operations were disrupted during the pandemic are especially emphasised, and…
Tuesday, 27 July 2021

Tourists Fooled by Croatian Scammers Offering Someone Else's Accommodation

July the 27th, 2021 - Croatian scammers have fooled at least fifteen German families in a new form of cyber-fraud in which other people's private accommodation units are being offered. The situation occurred in Istria. As Poslovni Dnevnik writes, as yet unknown Croatian scammers have caused financial (and indeed psychological) damage to at least fifteen German families by falsely offering them a holiday home rental in Istria. On a German website, they published an ad with pictures of the house, introduced themselves as owners and offered the property at an extremely affordable price. This particular holiday home in Istria was used…
Monday, 26 July 2021

EU Finance Ministers Give Green Light to Croatia's Recovery and Resilience plan

ZAGREB, 26 July 2021 - EU finance ministers on Monday confirmed the positive assessments of national recovery and resilience plans for another four member states, including Croatia, and initiated written procedure for their approval. Excellent news for four more member states – Croatia, Cyprus, Lithuania and Slovenia. We have confirmed the positive assessments of the national plans of these four countries, Slovenian Finance Minister Andrej Šircelj said after an informal meeting of the Finance and Economic Council. Since no decisions can be made at informal video meetings, written procedure was launched after the meeting to formally approve the national recovery and resilience plans…
Monday, 26 July 2021

Matea Jelić Wins Taekwondo Olympic Gold Medal!

July 26, 2021 - Taekwondo fighter Matea Jelić defeated Great Britain's Lauren Williams in the finals of the 67 kg category at the Olympic Games in Tokyo! It was the duel of the last two European champions in this category - Jelić won gold in Sofia this year, and Williams won gold three years ago in Kazan. In the uncertain final, the result was 13-13 entering the final minute, but then Williams with two kicks to the body reached an advantage of 17-13. It was 21-15 for Williams until 15 seconds before the end when Jelić managed to reach colossal success…
Monday, 26 July 2021

Toni Kanaet Wins Taekwondo Bronze at Olympic Games in Tokyo!

July 26, 2021 - Croatia's Toni Kanaet wins the taekwondo bronze in Tokyo! Croatian taekwondo fighter Toni Kanaet (25) won the bronze medal at the Olympic Games, defeating Uzbek fighter Nikita Rafalovich 24-18 in the category of up to 80 kilograms! After a tied first round that ended 6-6, Kanaet gained a 15-8 advantage in the second. Rafalovich reduced the lead to 15-10 with two punches at the beginning of the third round, and when Rafalovich went for all or nothing, Kanaet punished him with two punches and one to the head to secure the victory. In the first part of…
Monday, 26 July 2021

Croatia Registers 27 New Coronavirus Cases, 2 Deaths

ZAGREB, 26 July 2021 - Croatia has registered 27 new coronavirus cases and two COVID-related deaths in the last 24 hours, the national coronavirus response team said on Monday. Currently, there are 924 active cases in the country, with 138 infected people receiving hospital treatment, of whom 13 are on ventilators. Since 25 February 2020, when the first case was confirmed in Croatia, 362,648 people have been registered as having contracted the novel virus, of whom 8,247 have died and 353,477 have recovered, including 110 in the last 24 hours. Currently, 3,521 people are self-isolating. To date, 2,251,838 people have…
Monday, 26 July 2021

EC Concerned About Lawsuits Against Croatian Journalists

ZAGREB, 26 July 2021 - The European Commission last week issued a report on the rule of law in Croatia expressing concern over a large number of the so-called SLAPP lawsuits against reporters and the media and voicing suspicion in the political independence of the media regulator: the Electronic Media Agency. "Croatia is updating its media legislation to transpose the Audiovisual Media Services Directive, with the revision of the Electronic Media Act to be adopted still in 2021. Concerns about the political independence of the Agency for Electronic Media persist," the Commission said in the report. Apart from concern regarding…
Monday, 26 July 2021

Peak Season Hvar Town 2021: a Destination Returning to High Quality

July 26, 2021 - A visit to peak season Hvar Town 2021, a pleasant experience very different to just a few years ago. I met an American friend for a drink in Split the other day. A recent arrival in Croatia, he was just back from his first visit to Hvar Town and was waxing lyrical about the island that had been my home for 13 years. I smiled. Not just as his obvious love and enthusiasm for what really is one of the most beautiful islands in the world, but also that his (correct) perception of elite Hvar Town…
Monday, 26 July 2021

Kosovo PM Flies in to Visit Injured Bus Passengers in Slavonski Brod Hospital

ZAGREB, 26 July 2021 - The prime ministers of Croatia and Kosovo, Andrej Plenković and Albin Kurti respectively, have visited the passengers injured in the bus accident that occurred on the A3 motorway at Slavonski Brod early Sunday morning.  The Kosovo-registered bus with 67 passengers and two drivers on board, en route from Frankfurt, Germany to Kosovo, ran off the motorway at Slavonski Brod, eastern Croatia, at 6.20 am on Sunday, as a result of which nine passengers and the driver who was resting were killed. Forty-four passengers were injured. Kosovo's Prime Minister Kurti flew into Slavonski Brod on Sunday evening aboard…
Monday, 26 July 2021

Croatia Tennis at Olympic Games: Vekić into 3rd Round, Čilić Out, Mektić and Pavić in Quarters!

July 26, 2021 - Croatia tennis at Olympic Games - Donna Vekić moves to the 3rd round, Čilić has been eliminated from the singles tournament, and Mektić and Pavić are in the quarterfinals!  Croatian tennis player Donna Vekić advanced to the round of 16 of the Olympic Games in Tokyo after defeating the third-best tennis player in the world, Belarusian Arina Sabalenka, 6-4, 3-6, 7-6 (3) in the 2nd round match.  After two hours and 40 minutes, Vekić achieved a great victory, winning a place in the round of 16, where she will face Kazakhstan's Elena Rybakina, against whom she…
Monday, 26 July 2021

HNL Round 2 Recap: Osijek Better than Hajduk at Poljud, 4:0 Win for Dinamo

July 26, 2021 - The 2nd round of the Croatian First League was played from July 23 to 25, 2021. A look at our HNL round 2 recap.  Hr. Dragovoljac v. Dinamo Zagreb (0:4) Dragovoljac and Dinamo opened the 2nd round of the Croatian First League on Friday, July 23, 2021, in Zagreb.  Dinamo's scoring spree started already in the 19th minute when Majer put them in the lead for 0:1. Sutalo increased Dinamo's lead to 0:2 before the half.  Gavranović made it 0:3 early in the second half with a goal in the 48th minute, and Majer scored his…

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