Education
Croatia Near Bottom of EU in Education Spending
According to Eurostat data for 2022, Croatia allocates only 3.05 percent of GDP to education, significantly below the European Union average of about five percent.
Economy
EU Growth Accelerates to 1.2 Percent
Preliminary Eurostat estimates show an acceleration of economic activity in the EU and the eurozone, while for Croatia all signs point to a slowdown in GDP growth in the second quarter, although the annual rate will remain in the upper half of the EU rankings.
World
EU Heatwaves Cost 180 Billion Euros
A new analysis by a Dutch bank reveals that this year's heat shock could wipe out nearly all of the European Union's projected growth, with France potentially slipping into recession.
Economy
Croatia's Public Debt Surges to €55 Billion
Debt rose by €4.6 billion in a year, yet Croatia remains below the Maastricht threshold of 60% of GDP. Citizen interest in government bonds is also growing.
Croatia
Croatia Must Allocate 1.1 Percent of GDP Annually to Combat Drought
Estimates show drought damage in Europe could reach 126 billion euros annually, and the Vice President of the Croatian Chamber of Economy warns that modernizing the power grid is a key priority.
Croatia
Milanović in Knin: Serbia Arming Itself with Allied Assistance
Croatia
Milanović in Knin: Without the Croatian Army, There Would Be No Dayton
Economy
Fitch Affirms Croatia's A- Rating with Stable Outlook, Warns of Weakening Competitiveness
Economy
Inflation at 3.9% in July, Retail Slows for Third Month Running
World
Saudi Arabia in Recession: GDP Fell 4.8%, US-Iran War Pushes Oil Prices Above $100
Second Quarter Sees Sharpest Drop Since Pandemic, as Oil Sector Plunges 24.7% and Conflict Blocks Strait of Hormuz, Disrupting Global Supply.
Economy
Retail Trade Continued to Slow in June, Annual Growth Fell to 0.4%
Service activities recorded a monthly decline of 0.3 percent in May, while annual growth stood at 5.8 percent, announced the Croatian Bureau of Statistics (DZS) and Financije.hr.
Economy
CEIZ Index Falls: EIZ Forecasts GDP Growth of 2%, CNB 1.6% in Q2
Economists see first signs of cooling after 21 consecutive quarters of Croatian economic growth, industrial production and retail trade decline
Economy
Bank of Russia Lowers Key Rate to 14% as Inflation Rises
Russia's central bank surprised analysts with a 25-basis-point cut, while simultaneously revising inflation forecasts upward and lowering expected economic growth for 2026.