Stricken Croatian food and retail giant wants three-month extension as it seeks to restructure around €5.5bn worth of debt.
Past conflicts loom large as Croatia's Kolinda Grabar Kitarovic and Serbia's Aleksandar Vucic meet in Zagreb.
The shadow economy accounts for almost 30% of Bulgaria's GDP, higher than in any other European country, finds a new IMF report.
If sunlight is the best disinfectant, then export credit agencies need to step into the daytime, argues a new study of ECAs in Central and Eastern Europe.
Croatia's working day adjusted retail sales rose by 1.4 y/y in real terms December, slowing from 5.7% y/y in November, according to data from the statistics bureau released on January 30.
China becomes biggest foreign dealmaker in the region, making €7.7bn of acquisitions, up 78%.
Controversy erupts over Croatian decision to select a consortium led by China Road and Bridge Corporation to build the bridge for €274mn.
NPLs have been a severe problem in both Central and Southeast Europe since the global financial crisis, and remain particularly high in Bulgaria, Croatia and Slovenia.