Thursday, 3 May 2018

Prime Minister Motivated by EU’s Economic Forecast

ZAGREB, May 3, 2018 - Prime Minister Andrej Plenković said on Thursday that the European Commission's forecast of Croatia's economic growth at a rate of 2.8% matched the projections by the government and the Finance Ministry, adding that the EC's forecast was motivating.

Thursday, 3 May 2018

Lack of Reforms Slowing Down Economic Growth

ZAGREB, May 3, 2018 - Director-General of the Croatian Employers' Association (HUP) Davor Majetić said on Thursday that the European Commission's forecast of a growth of 2.8% of Croatia's economy was realistic and added that growth was slowing down as the reforms the government planned were not being implemented.

Thursday, 3 May 2018

EU Expects Croatia's Economy to Grow 2.8% in 2018

ZAGREB, May 3, 2018 - The European Commission expects the Croatian economy to grow at a rate of 2.8%, sticking to the forecast it made three months ago, and the Commission assesses that the growth is based on rising personal consumption and investments, whereas the developments surrounding the ailing private Agrokor company still pose a risk to be a headwind to growth.

Tuesday, 1 May 2018

Decline in Industrial Output Brings Lower GDP Growth?

The unexpected fall of industrial production in March brings into doubt GDP growth forecasts for this year.

Wednesday, 18 April 2018

IMF Confirms Croatian Economy Growth Projections

ZAGREB, April 18, 2018 - This year, the Croatian economy is expected to grow at the same rate as last year, at 2.8%, after which it will slow down a bit, the International Monetary Fund (IMF) said in its spring World Economic Outlook on Tuesday.

Monday, 16 April 2018

GDP Growth Increases to 2.7%?

After a slowdown in the last quarter of 2017, the economic growth is accelerating.

Monday, 26 March 2018

Economic Activity Strengthened in January

ZAGREB, March 26, 2018 - The CEIZ index of the Zagreb Institute of Economics (EIZ), which grew by 0.67 points month-on-month, indicated moderate strengthening of economic activity in Croatia at the start of this year, EIZ recently reported.

Wednesday, 7 March 2018

In Q4 2017, Croatia Had Lowest GDP Growth in EU

ZAGREB, March 7, 2018 - Croatia and Greece recorded the lowest GDP growths in the European Union during the fourth quarter of 2017, compared with the previous quarter, Eurostat said on Wednesday.

Wednesday, 7 March 2018

Job Vacancy Numbers Confirm Deceleration of GDP Growth

ZAGREB, March 7, 2018 - Online Vacancy Index (OVI), a monthly index of online job advertisements developed by the Zagreb-based Institute of Economics (EIZ) in cooperation with the web portal MojPosao, shows that the index in February rose compared to February 2017, however, it fell compared to January 2018 as a result of slower GDP growth rate, the Institute reported on Wednesday.

Tuesday, 6 March 2018

Finance Minister Confident about GDP Growth

ZAGREB, March 6, 2018 - Finance Minister Zdravko Marić has said that statistics about budget revenues and expenditures for the first two months of 2018 did not hint at any further deceleration of economic growth, and added that things "are unfolding in line with the initial forecasts of GDP of 2.9%."

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