ZAGREB, August 29, 2018 - The Croatian Chamber of Commerce (HGK) and Croatian Employers' Association (HUP) find the Q2 GDP growth of 2.9% to be good news, however, the business community warns that that growth rate is insufficient to stop the country from lagging behind the average level of development in new European Union member states and employers also point to the lack workers as the main factor limiting further growth.

ZAGREB, August 29, 2018 - In the second quarter of 2018, the Croatian economy grew 2.9% on the year, faster than in Q1, mainly thanks to higher exports and consumption, the national statistical office said on Wednesday.

ZAGREB, July 13, 2018 - The Croatian government stands by its growth projection despite the fact that the European Commission has revised its forecast downwards slightly, Finance Minister Zdravko Marić said on Friday.

ZAGREB, July 12, 2018 - The European Commission has downgraded Croatia's expected economic growth for this year to 2.6% after previously forecasting a growth of 2.8%, adding that growth for the remainder of the year would be impacted by domestic consumption and that the risk of the ailing Agrokor food and retail conglomerate has been reduced.

ZAGREB, June 7, 2018 - In the first quarter of 2018, Croatia, Great Britain and France recorded the lowest GDP growth rates in the European Union quarter-on-quarter, according to an estimate published on Thursday by Eurostat, the statistical office of the European Union.

ZAGREB, May 31, 2018 - Finance Minister Zdravko Marić said on Wednesday that Croatia's current economic growth rates were good but that higher rates had to be aspired to in order to ensure job creation and higher living standards.

ZAGREB, May 30, 2018 - In the first three months of this year, the Croatian economy grew 2.5% on the year, faster than in the previous quarter and more than expected, with household consumption having contributed the most to GDP growth.

ZAGREB, May 27, 2018 - Economic growth is expected to have picked up in the first quarter of this year from the previous quarter, mostly owing to strong household consumption, however, economic analysts warn that a weak industrial output and weak commodity exports continue to weigh on GDP growth.

Economic growth continues to slow down.

ZAGREB, May 9, 2018 - The European Bank for Reconstruction and Development (EBRD) expects Croatia's economy to go up 2.7% in 2018 and 2.5% in 2019, thus joining a number of Croatian and foreign institutions and analysts projecting a slower growth rate compared to last year.