Friday, 29 June 2018

July 1st Marks Tax Freedom Day for Average Croat

ZAGREB, June 29, 2018 - The Croatian taxpayer with average income works half a year for the state and another half for themselves and their family, the Lipa taxpayers association said on Friday in a statement marking the Tax Freedom Day, which this year falls on July 1.

Thursday, 21 June 2018

Citizens with Blocked Bank Accounts to Get Help

ZAGREB, June 21, 2018 - At its session on Thursday, the government adopted a set of laws which, according to Prime Minister Andrej Plenković, are aimed at facilitating the position of citizens with blocked bank accounts – the draft law on writing off debts to physical entities, the draft law on the implementation of the distress procedure over financial assets, and draft amendments to the consumer bankruptcy law.

Tuesday, 19 June 2018

Croatia at EU Bottom by Personal Consumption, GDP Levels

ZAGREB, June 19, 2018 - In 2017, Croatia, Bulgaria and Hungary were the European Union member states with the lowest consumption per capita across the European Union, Eurostat said on Tuesday.

Friday, 15 June 2018

VAT Rate to Be Cut to 24%, Prime Minister Promises

ZAGREB, June 15, 2018 - Prime Minister Andrej Plenković said on Friday work was underway on a tax reform in which cutting VAT by one percentage point would not be the only measure, but one of a set that wouldn't put budget revenues at risk.

Sunday, 10 June 2018

400 Million Euro Lost Annually Due to Counterfeited Products

ZAGREB, June 10, 2018 - The latest research from the European Union Intellectual Property Office (EUIPO) shows that 60 billion euro is lost every year due to counterfeiting in 13 economic sectors in the EU, with that loss in Croatia being estimated at 398 million euro a year, or 12.6% of direct sales.

Thursday, 7 June 2018

Mate Rimac on Future of Global Car Industry and Croatian Entrepreneurs

“If you say in Croatia that 10,000 kuna a month is a low salary, you will be crucified,” says Rimac.

Monday, 28 May 2018

Industrial Turnover Falls Substantially

ZAGREB, May 28, 2018 - Croatia's industrial turnover fell by 3.1% in March 2018 compared with the previous month and by 8.1% compared with March 2017, according to figures released by the National Bureau of Statistics on Monday.

Friday, 25 May 2018

Profits of Croatian Companies Decline by 9.5%

ZAGREB, May 25, 2018 - Croatian enterprises generated a total consolidated net profit of 21.9 billion kuna in 2017, which is 9.5% less than in 2016, the Financial Agency (FINA) said on Friday.

Thursday, 24 May 2018

In Economy Competitiveness Rankings, Croatia Slips Two Positions

ZAGREB, May 23, 2018 - Croatia is ranked 61st of the 63 leading economies whose competitiveness has been assessed by the Lausanne-based Institute for Management Development (IMD).

Wednesday, 23 May 2018

IMF: Croatia’s Economic Growth to Slow Down

ZAGREB, May 23, 2018 - The International Monetary Fund (IMF) Mission expects Croatia's growth to remain at about 2.8 percent in 2018, before decelerating gradually over the medium term toward 2 percent in the absence of substantial structural reforms. according to a concluding statement of an IMF staff visit to Croatia.

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