EBRD ups Croatia's 2011 GDP growth forecast.

By bne IntelliNews January 25, 2011
The European Bank for Reconstruction and Development (EBRD) raised Croatia's GDP growth forecast to 2% y/y in 2011 from 1.9% in a previous projection, the January edition of the bank's Regional Economic Prospects showed. Croatias economy remains stagnant, with the GDP decline in 2010 and the significant level of private debt, mostly in unhedged foreign currency, the EBRD warned. Finilising the EU accession talks would provide a significant confidence boost for the country.

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