Croatia

Romania reports highest quarterly employment growth in the EU in first quarter

bne IntelliNews June 13, 2018

Eurostat figures confirm Romania is following the same path as its northern neighbours in CEE, whose labour markets have tightened dramatically.

CEE/CIS economies at risk from high corporate indebtedness

Clare Nuttall in Bucharest June 13, 2018

EBRD economist highlights sharp rise in corporate indebtedness especially in foreign currencies, putting economies at risk from a currency depreciation or growth slowdown.

Croatia ranks first worldwide in terms of tourist spending to GDP ratio

Carmen Simion in Bucharest June 12, 2018

Tourism contributed 18.8% of Croatia's GDP in 2016 and that ratio is expected to soar this year after investments in new terminals at the country's main airports, found a report from consultancy network UHY.

Migrant flow to Western Balkans intensifies in 2018

bne IntelliNews June 10, 2018

A new migrant route to the EU has opened up in the Balkans since the closure of the main route across the region in 2016.

Creditors of Croatia’s Agrokor reach agreement on debt settlement

Carmen Simion in Bucharest June 4, 2018

Deal with creditors expected to lead to a smooth restructuring of Croatian food and retail giant, which will ease the pressure on Andrej Plenkovic's government.

Domestic violence treaty rattles governments across Eastern Europe

Clare Nuttall in Bucharest with additional reporting from Denitsa Koseva in Sofia May 31, 2018

The Istanbul Convention has angered conservatives in numerous Central and East European countries, whose antipathy to “gender ideology” has led to high-level political battles as governments that have signed up to the convention attempt to ratify it.

Croatian police open fire on migrant smugglers as new crisis looms

bne IntelliNews May 31, 2018

People traffickers have opened up new routes across the Western Balkans after the closure of the original route through the region two years ago.

CEE faces massive cuts in EU cohesion spending

Wojciech Kosc in Warsaw May 30, 2018

Warsaw says changes that will see Poland losing €19.5bn in EU funding in 2021-2027 are “unacceptable”, as Brussels shifts focus from GDP per capita to youth unemployment, climate and integration of migrants.

None of the CEE countries planning to adopt the euro meet required criteria, EC says

Carmen Simion in Bucharest May 24, 2018

New member states from Southeast Europe are keen to become part of the EU's core by adopting the single currency, but latest convergence report shows they still have a way to go.

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