Croatia
OBITUARY: World’s longest-serving city mayor Milan Bandic dies of heart attack
Zagreb mayor’s death ahead of local elections this spring has political repercussions at local and national level.
Erste Bank net profit halves to €783mn in 2020
Austrian lender provisions for COVID-19 downturn but says it does not expect a significant increase in hard defaults after the expiration of debt moratoria in the region.
Croatia and Serbia launch Eurobonds to high investor interest
Two Southeast European states take advantage of favourable market conditions to get away oversubscribed bond issues.
Grey economy almost a third of GDP in Bosnia, Montenegro and Serbia
Research by Sarajevo-based Center for Policy and Governance shows high levels of undeclared and partially work in Western Balkans and Croatia.
Change to excise rules benefiting cigarette producers linked to future of Croatia's BAT factory
Plans to hike excise on heated tobacco, benefiting traditional cigarette producers, have been openly linked to the government’s efforts to persuade BAT to keep its Kanfanar factory open.
Croatia’s Photomath raises $23mn funding
The Photomath app has more than 220mn downloads globally, helping students and parents solve maths problems using a smartphone.
Resilient emerging Europe labour markets to bounce back post-crisis
Unemployment growth has been modest and a return to tight labour markets is expected as economies recover from the coronacrisis.
Croatia's M+ Group buys 51% stake in software firm Bulb for €7mn
Private equity backed M+ Group takes over Bulb as part of plans to globalise its business.