RaboResearch - Economic Research

Country Report

Croatia: successful reforms much needed but unlikely

Croatia’s short term outlook has improved on the back of higher private consumption, investment and exports. Unfortunately, chances of successful structural and fiscal reforms by the new government are dim, due to its small and likely unstable majority.

Country Report

Country Report Croatia

Croatia’s economy is heading for its sixth year of recession, as ongoing deleveraging efforts and structural weaknesses depress growth. Amid worrying public debt dynamics, Croatia’s government increased its fiscal consolidation efforts and adopted some structural reforms.

Country Report

Country Report Croatia

Croatia will join the European Union on July 1st, 2013, but its accession is unlikely to bring about short-term relief from its economic problems. Its economy is expected to remain in recession this year, as domestic and external demand stay weak.

Country Report

Croatia (Country report)

After two years of GDP contraction, Croatia’s economy stagnated in 2011, growing by a meager 0.2%. For 2012, the situation in the eurozone, Croatia’s main export market, and sluggish domestic demand are expected to result in another recession.

Country Report

Croatia (Country report)

The Croatian economy is slowly recovering from the global crisis that hit the economy in 2009. The crisis further worsened the country’s twin deficits and external debt increased to 101% of GDP (2010). Moreover, unemployment rose from 15.1% in 2007, to 17.6% in 2010.