All News on Economics in Croatia

Bulgaria Ranks 57th in Legatum's Prosperity Index

In ten years, Bulgaria has climbed three positions in the Prosperity Index of the London-based Legatum Institute, but bad scores in the management, health care and personal freedom sub-indices leave the country at the bottom of the ranking among EU member-states.

Bosnia Experts Query Reduction in Trade Deficit

Bosnia recorded a reduction in its trade deficit - the gap between imports and exports - in 2015, generating hope that the country is becoming less dependent on imports.

Croatia Govt Debt Rises to 30 Billion Euro

Croatia's National Bank said in data published on Monday that government debt had reached almost 30 billion euro in June 2014 as the country's economy endured a sixth year of recession.


Yields Fall on Bulgaria's Seven-year Government Bonds

Yileds fell at Tuesday's auction of seven-year euro-denominated Bulgarian government bonds as the offer was heavily oversubscribed.

The Finance Ministry said on Wednesday it has reopened  the issued dated 30 April 2014, offering EUR 35 M worth of government bonds.

The average weighted annual ayield dropped to 2.20% from 2.26% at the previous reopening  on May 26. 

Croatia and MOL Resume Battle in Washington

Arbitration over the fate of the Croatian national energy company, INA, between the Republic of Croatia and the Hungarian energy company, MOL, started on Friday before the International Centre for Settlement of Investment Disputes, ICSID, in Washington.


Croatian Property Prices Tumble to 2004 Level

Due to the negative effects of a long-lasting economic recession, which has reduced demand, the real estate market in Croatia has hit its lowest marks in 10 years.


Bulgaria Ranks 54th in 2014-2015 Global Competitiveness Report of World Economic Forum

Bulgaria ranks 54th out of a total of 144 countries in The Global Competitiveness Report 2014-2015 of the World Economic Forum.

For a third year in a row, Bulgaria has improved its score.

In the 2014-2015 edition of the report, Bulgaria outperforms a number of EU countries, including Romania, Hungary, Slovenia, Slovakia, Croatia and Greece.

Croatia to Slap Taxes on Savings and Property

Struggling to reduce its hefty budget deficit, Croatia's government on Thursday announced a package of new taxes aimed at cutting the deficit.

The changes include new taxes, changes to existing taxes and scrapping some of the supplements given to salaries in the public sector.

IEP: Serbia is a safe country

NEW YORK - Serbia ranks 52nd in the Global Peace Index (GPI), produced by the New York-based Institute for Economics and Peace (IEP), and is in the top 30 percent of the safest countries in the world.

Croatia External Debts Hits All-time High

Croatia’s external gross debt has hit 46.4 billion euro, an all-time record, 108 per cent of the annual GDP, the country’s main bank reported.

Compared to the same period in 2013, the Croatian National Bank, HNB, reported a 3.3-per-cent rise in the debt in the first trimester of 2014.

Bulgaria Records Lowest Price Levels in EU – Eurostat

The lowest price levels in the European Union for 2013 for consumer goods and services were found in Bulgaria - 48% of the EU average, according to Eurostat latest data.

Corruption Hampers Bulgaria's Economic Growth – IMF

Economic growth in Greece, Bulgaria, Romania and Hungary are hampered by corruption, according to Aasim Husain, Deputy Director in the European Department of the IMF.

In Serbia every 5th individual jobless

In Serbia every 5th individual jobless

In the first month of 2014 even 42,771 jobless people have registered them with the National Employment Service. That is almost 2,000 people more than in December last year.