Economy in Croatia
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CROATIA, 2017/04/10
Croatia's retail sales increased in February next falling in the previous month, figures from the Croatian Bureau of Statistics showed Monday.
The volume of retail sales climbed a seasonally and working-day-adjusted 3.6 % month-over-month in February, reversing a 2.5 % rise in January.
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ALBANIA, 2016/01/02
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AFGHANISTAN, 2016/01/02
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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AFGHANISTAN, 2015/01/20
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
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CROATIA, 2014/09/02
Croatia's economy continues to be one of the few in Europe failing to statement signs of recovery, with GDP down 0.8% in the second trimester this year, according to data released Friday by national statistics bureau DZS. GDP fell for the 11th consecutive trimester.
Though economic indicators registering increase, inclunding imports and industrial production, had raised hopes for a slight recovery, the downturn was additional significant than in the initial quarter of 2014 (down 0.4%).
Economic analysts have estimate GDP will fall 0.6% on an annual basis.
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CROATIA, 2013/08/01
Croatia's economy will return to increase in 2014 although the recovery will lack vigour, according to July's Croatian Economic Quarterly Outlook rekeased by the Croatian Ekonomski Institut on Wednesday.
The Zagreb-based institute said in a statement that in 2013 Croatia's GDP will shrink by 0,9% mostly due to a decline in private consumption, down 1,5%, caused by growing unemployment which is at the moment around 20%.
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CROATIA, 2013/06/08
Slovenia will limit access to its labour market for Croatian nationals for two years. The announcement was made by Slovenian Labour Minister Anja Kopac, who said that the government had sent to the draft law to parliament and that it is expected to be approved prior to Zagreb's entrance into the EU on July 1.
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CROATIA, 2013/03/19
The total number of unemployed persons in Croatia has reached 372,000, according to the new official data, published last week. In January alone, an extra 13,800 people lost their jobs. Since the beginning of the economic crisis in 2008, Croatia has lost additional than 150,000 working places.
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CROATIA, 2013/03/19
Croatia's jobless rate rose for a sixth consecutive month in December, provisional data released by the Croatian Bureau of Statistics showed on Tuesday.
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CROATIA, 2013/02/13
The agency as well changed the outlook on Croatia's rating from negative to stable, citing only a limited risk of a significant deterioration in the government's fiscal position and deficit.
Moody's said that "the government's capacity to re-balance the economy toward exports is intrinsically limited" and "that the country's expected forthcoming EU accession in July 2013 is a positive development; however, the European economic environment and the government's reform inertia are likely to limit the benefits normally expected to arise from EU accession.
