Friday, 20 April 2018

Croatia Records First-Ever General Government Surplus

ZAGREB, April 20, 2018 - Croatia recorded for the first time a general government surplus of 2.7 billion kuna in 2017, while the debt to GDP ratio fell below 78%, figures from the national statistical office (DZS) show.

Thursday, 5 April 2018

Croatia’s Public Debt Falls to 78% of GDP

ZAGREB, April 5, 2018 - At the end of 2017, Croatia's public debt totalled 283.5 kuna billion and its share in GDP decreased for the third consecutive year, to 78%, and Raiffeisenbank Austria (RBA) analysts forecast that it will continue to decrease.

Tuesday, 13 March 2018

Croatian Road Sector Debt in Focus

ZAGREB, March 13, 2018 - Parliament Speaker Gordan Jandroković, reacting to MOST MP Tomislav Žagar's speech in Parliament, on Tuesday read out a World Bank statement on the reform of the Croatian road sector, saying that the situation was not that worrying.

Sunday, 4 March 2018

Foreign Debt Continues to Decline

ZAGREB, March 4, 2018 - In November 2017, Croatia's gross foreign debt was 41 billion euro, down 6.4% on the year and decreasing for the 24th month year-on-year, according to a Chamber of Commerce (HGK) analysis.

Friday, 2 March 2018

Croatia’s Public Debt Surpasses 300 Billion Kuna

ZAGREB, March 2, 2018 - Croatia's public debt in November 2017 went up 3.7% on the year to 300.2 billion kuna, which was its highest nominal level to date, but the Croatian Chamber of Commerce (HGK) analysts say the public debt trends remain favourable as the government's financing needs are decreasing.

Tuesday, 6 February 2018

Croatia’s External Debt Falls Under 40 Billion Euro

ZAGREB, February 6, 2018 - Croatia's gross external debt at the end of October 2017 totalled 39.9 billion euro, 2.6 billion or 6.1% less than in the same month of 2016, with the general government sector leading in the deleveraging, the latest analysis by Raiffeisenbank Austria (RBA) says.

Monday, 5 February 2018

Croatia’s Public Debt Grows Year-on-Year

ZAGREB, February 5, 2018 - Croatia's public debt at the end of October 2017 amounted to 290.9 billion kuna, 680 million less than in the previous month but 3.5 billion kuna or 1.2% more than in October 2016, an analysis by Raiffeisenbank Austria (RBA) shows.

Wednesday, 31 January 2018

In Croatia, a Foreclosure Law Like No Other

No other country has a foreclosure law which can cause such dire consequences for debtors.

Wednesday, 24 January 2018

Croatia's Government Debt Grows Slightly

ZAGREB, January 24, 2018 - At the end of the third quarter of 2017, Croatia's government debt totaled 291.6 billion kuna, 4.2 billion more than in Q2, as a result of which the government debt to GDP ratio increased from 80.9 to 81%, according to Eurostat data released on Wednesday.

Wednesday, 24 January 2018

Frozen Bank Accounts a Burden for Many in Croatia

ZAGREB, January 24, 2018 - At the end of November 2017, there were 322,782 Croatians whose bank accounts had been frozen due to default payments, owing a total of 42.80 billion kuna, and Zagreb had the largest number of debtors - 63,316, owing 12.36 billion kuna.

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