Croatia

Croatia emerges as mini economic powerhouse with robust growth projections

bne IntelliNews May 26, 2024

The strong performance of its tourism sector and inflows of EU funds helped make Croatia the EU's second fastest growing economy in 2023.

UN Srebrenica resolution sets Balkan politicians at loggerheads

bne IntelliNews May 21, 2024

UN General Assembly to debate resolution declaring a day of remembrance for the Srebrenica genocide in Bosnia & Herzegovina this week.

Tensions rise ahead of UN debate on Srebrenica resolution

Denitsa Koseva in Sofia May 19, 2024

Draft resolution to declare July 11 the International Day of Remembrance of the Srebrenica Genocide, but is strongly opposed by Serbia and Bosnia's Republika Srpska.

The use of the ruble in EU trade settlements reaches a record $15.2bn in March

bne IntelliNews May 17, 2024

The use of the ruble in settlements for goods and services exported by Russia to European partners was up 58.5% in March 2024 to record levels, according to data from the Central Bank of Russia.

BOFIT: The bilateral relations between China and the European Union are important but challenging

Bank of Finland Institute for Economies in Transition (BOFIT) May 17, 2024

In early May, Chinese President Xi Jinping visited Europe for the first time since 2019. The destinations of the visit were France, Hungary and Serbia. China sought to improve its relationship with Europe, but relations remain tense.

Global warming acceleration at its peak but the La Nina effect this year will reduce temperatures less than expected

Ben Aris in Berlin May 17, 2024

Global temperature is now near its peak due to El Niño aerosol decrease. How far will it fall in the coming La Niña? Less than expected.

EBRD2024: EBRD expects Emerging Europe growth boost in 2024, but slightly lowers forecast

Clare Nuttall in Yerevan May 15, 2024

Development bank makes downward revision in latest forecasts after worse than expected Q1 figures for Central Europe.

Trees are “coughing not breathing” due to climate crisis stress, study finds

bne IntelliNews May 10, 2024

"We found that trees in warmer, drier climates are essentially coughing instead of breathing," a study by Penn State found.

Croatia’s HDZ, Homeland Movement agree on ruling coalition

bne IntelliNews May 8, 2024

Andrej Plenkovic to get a third term as PM after securing backing from rightwing Homeland Movement.

April 2024 sets global moisture record

bne IntelliNews May 8, 2024

April 2024 set a global moisture record for the planet, reports climatologist Ben Noll

Think-tank warns UN vote on Srebrenica genocide could trigger Republika Srpska’s secession from Bosnia

Denitsa Koseva in Sofia May 7, 2024

Hudson Institute says move towards secession could in turn spark broader ethnic conflicts in Balkans.

Croatian company transforms textile waste into hydrogen

Aidą Kadyrzhanova in Prague May 2, 2024

Successful pilot project for processing waste textiles to produce hydrogen may help to address global fashion industry's annual 92mn tonnes of textile waste.

20 years after accession 'big bang' wiiw economists say CEE needs a new model to catch up with the West

Clare Nuttall in Glasgow April 30, 2024

Eastern EU members are growing much faster than the eurozone, but must focus more on innovation for a full catchup.

COMMENT: Testing the limits – the politics of EU membership in CEE 20 years after accession

Marcus How in Vienna April 29, 2024

Apathy and lack of trust in national institutions, combined with ‘convergence fatigue’, have created favourable conditions for populist forces that have degraded the quality of institutions in many of the CEE states that joined the EU in 2004.

Bankers reassessing accelerating climate crisis in anticipation of trillions of dollars of annual damage

Ben Aris in Berlin April 25, 2024

As the climate crisis accelerates, banks are facing increasing financial risks and have begun to try to assess their exposure to the trillions of dollars of damage extreme weather will do every year.

CEE recovering but no full rebound in sight, says wiiw

Clare Nuttall in Glasgow April 25, 2024

Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies.

Croatia’s HDZ, SDP start race to attract coalition partners

Denitsa Koseva in Sofia April 18, 2024

PM Andrej Plenkovic's HDZ was first placed in Croatia's general election, but does not have enough MPs to form a government alone.

AI and cybersecurity to drive CEE tech sector

Clare Nuttall in Glasgow April 18, 2024

PwC and CEE Digital Coalition believe the Central and Eastern Europe region has the potential to create the EU’s Silicon Valley.

Croatia’s ruling HDZ leads in general election, preliminary results show

bne IntelliNews April 18, 2024

PM Andrej Plenkovic's party to be largest in parliament but needs partner to form government, putting rightwing Homeland Movement in kingmaker position.

Croatia faces showdown between president and PM in April 17 general election

bne IntelliNews April 16, 2024

President Milanovic and PM Plenkovic take each other on over Russia stance and corruption scandals

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