Croatia

Croatian president clashes with government over Russia-Ukraine standoff

bne IntelliNews January 25, 2022

Ministers refute President Zoran Milanovic’s claim that troops will be withdrawn in case of an escalation of the conflict.

Major Croatian energy companies turn to renewables

Denitsa Koseva in Sofia January 23, 2022

Oil and gas group INA and state oil pipeline operator Janaf have announced new commitments to renewable energy generation as the green transition gets underway in the country.

Croatia’s blue-chip index hits 4-year peak

bne IntelliNews January 19, 2022

The 21-share blue-chip CROBEX index has been rising since the start of the year as Croatia's economy continues its recovery from the coronacrisis.

Omicron brings COVID-19 infections to new peaks across SEE

bne IntelliNews January 19, 2022

New records announced daily in several countries, but most governments are reluctant to introduce new restrictions.

Croatia's inflation accelerates to 5.5% y/y in December

bne IntelliNews January 17, 2022

Prices of food and non-alcoholic beverages showed the steepest monthly rise in December.

Croatia’s population shrank almost one tenth in 10 years

bne IntelliNews January 15, 2022

Mass emigration and the ongoing coronavirus pandemic contributed to the decline.

Croatia probes alleged insider trading by central bank management

Denitsa Koseva in Sofia January 13, 2022

Probe into central bank governor Boris Vujcic and other senior officials launched after media reports that dozens of HNB employees traded in bonds of banks regulated by the central bank.

Croatia projects 2022 inflation at 3.5%

bne IntelliNews January 13, 2022

Government to prepare a new package of measures to mitigate the effect of price increases and ensure Croatians don't see a fall in their standard of living.

OUTLOOK: 2022 Croatia

bne IntelliNews January 12, 2022

Solid recovery from coronacrisis and deadly 2020 earthquakes puts Croatia in a strong position as it pursues Eurozone membership.

Migrants meet smugglers in Serbia: Is the Balkan route really closed?

Katarzyna Rybarczyk in Belgrade January 12, 2022

The Balkan route used during the 2015 European migrant crisis might officially be closed, but the migrant movement never ceased.

Spread of Omicron pushes coronavirus infections to all-time highs in parts of Southeast Europe

Denitsa Koseva in Sofia January 6, 2022

Albania and Croatia reported record numbers of COVID-19 infections while other countries are close to records set in previous waves of the pandemic.

bneGREEN: Brussels labels both gas and nuclear as green

bne IntelliNews January 5, 2022

Commission says there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future.

New COVID-19 wave looms in under-vaccinated Southeast Europe

bne IntelliNews January 4, 2022

Soon after Southeast Europe emerged from the autumn wave of the pandemic, cases are already rising again as the Omicron variant spreads in the region.

CEE banking: As good as it gets in (post-) crisis times and the challenging geopolitical environment

Gunter Deuber in Vienna December 20, 2021

Western European banks have made double-digit increases in the growth of their credit exposures to the CE/SEE region in the past 12-18 months.

Labour demand increases further in Croatia in November

bne IntelliNews December 6, 2021

Labour demand in November exceeding its 2019 and 2020 levels as the Croatian economy recovers.

Game of Thrones tourism brought in €180.7mn for Croatia

Denitsa Koseva in Sofia December 5, 2021

Interest in Dubrovnik, Split and Sibenik flourished after they were used as destinations in the hit TV series.

EU challenges China’s Belt and Road with €300bn Global Gateway

bne IntelIiNews December 2, 2021

Bloc’s giant investment offer may appeal to countries worried by Chinese “debt-trap diplomacy”. Beijing warns against geopoliticising infrastructure.

Croatia’s Konzum starts accepting cryptocurrency payments

bne IntelliNews December 1, 2021

Supermarket chain to accept payments in nine cryptocurrencies in project with local fintech Electrocoin.

DATACRUNCH: Croatia’s post-crisis rebound goes beyond tourism

Clare Nuttall in Zagreb and Glasgow November 30, 2021

Croatia is rebounding from the deep hit to the economy last year with a broad-based recovery, but reforms are needed for the country to build on this and take advantage of inflows of EU funds.

Employees of Croatia’s Rimac Automobili attacked by racists in Zagreb

Denitsa Koseva in Sofia November 29, 2021

Electric hypercar producer Rimac Automobili is one of the most successful Croatian companies and has an increasingly international workforce.

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