Monday, 22 October 2018

Croatia Records Budget Surplus, Debt Still High

ZAGREB, October 22, 2018 - Croatia is among 13 European Union member states which recorded a government budget surplus in 2017 and among 15 EU countries with public debt exceeding 60% of Gross Domestic Product, according to a report released by the EU statistical office Eurostat on Monday.

Wednesday, 17 October 2018

Uljanik Crisis to Cost Taxpayers Billions

ZAGREB, October 17, 2018 - Finance Minister Zdravko Marić said on Wednesday that the activation of a state guarantee for the Pula-based Uljanik shipyard would undoubtedly have an impact on state finances and that it would amount to 2.5 billion kuna by the end of 2018, with the shipyard's total debt amounting to 4.25 billion kuna.

Sunday, 14 October 2018

12 Towns and 33 Municipalities Have Higher Income than Zagreb

ZAGREB, October 14, 2018 - Last year, the City of Zagreb generated an income of 6.57 billion kuna, or 42% of the total income generated by all the towns in the country, with income per capita amounting to 8,177 kuna, while in 12 towns and as many as 33 municipalities income per capita was higher than in Zagreb, according to an article in the latest newsletter issued by the Institute for Public Finances (IJF).

Friday, 12 October 2018

2019 Budget Expected to Bring New Tax Cuts

ZAGREB, October 12, 2018 - Finance Minister Zdravko Marić said on Friday that the preparation of next year's budget was going well and that the government was likely to discuss a proposed budget revision and a 2019 budget draft in mid-November.

Monday, 17 September 2018

Uljanik Shipyard Poses State Budget Risk

ZAGREB, September 17, 2018 - The state guarantees issued to the Uljanik shipyard are a risk to the state budget, Finance Minister Zdravko Marić said in an interview with Croatian Radio on Monday.

Friday, 14 September 2018

Budget in Surplus of 1.6 Billion Kuna

ZAGREB, September 14, 2018 - During a government meeting in Pula on Thursday, Finance Minister Zdravko Marić reported that in the first six months of the year the central government generated a budget surplus of 1.6 billion kuna, assessing this as a good result in line with what was achieved last year.

Thursday, 2 August 2018

Public Spending to Grow Further in 2019

ZAGREB, August 2, 2018 - Croatian state budget revenues for 2019 are projected at 134.2 billion kuna, while expenditures are expected at 139 billion kuna, according to Economic and Fiscal Policy Guidelines for 2019-2021 which were presented at a cabinet meeting on Thursday by Finance Minister Zdravko Marić.

Thursday, 26 July 2018

Croatia to Pay 31 Million Kuna for NATO Membership This Year

ZAGREB, July 26, 2018 - Croatia will pay slightly over 31 million kuna (4.2 million euro) for NATO membership this year, the government said on Thursday in its response to a query by MP Ivan Vilibor Sinčić who was interested in the amount of Croatia's obligations toward NATO and where these funds are noted in the budget.

Tuesday, 24 July 2018

Introduction of Euro in Question?

Finance minister plans major tax cuts, while the rescue of the Uljanik shipyard and Petrokemija could cost more than six billion kuna.

Sunday, 22 July 2018

Parliament Spends Millions on MPs' Travel and Other Expenses

ZAGREB, July 22, 2018 - Along with their regular salaries, in the first six months of 2018 Croatian lawmakers have spent additional 5.1 million kuna on rent, daily allowances, airplane tickers, hotels, family separation allowances, while Domagoj Hajduković of the Social Democratic Party (SDP) and Ante Bačić of the Croatian Democratic Union (HDZ) spent the most – 89,913 kuna and 89,488 kuna respectively, according to figures released by the national parliament.

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