Politics
Dried-Up Rivers Paralyze Europe: Energy, Transport, and Food Supply at Risk
Record-low water levels on the Rhine and Danube are causing power generation to plummet, hampering freight transport, and threatening economic losses across the continent.
Economy
Fitch Affirms Croatia's A- Rating with Stable Outlook, Warns of Weakening Competitiveness
The agency highlights strong growth and fiscal discipline but also structural challenges such as low productivity and rising labor costs.
Economy
Inflation at 3.9% in July, Retail Slows for Third Month Running
Spending rises just 0.4% year-on-year, fuel sales down 12.9%, and the Institute of Economics forecasts GDP growth of 2% in the second quarter.
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.
Entrepreneurship
Večernji TV Launches Series on Sustainable Development, First Roundtable on September 15
Deputy Editor-in-Chief Mislav Šimatović to Moderate Discussion with State and Economy Representatives on Whether the State Can Be a Driver of Innovation
Economy
Retail Trade Continued to Slow in June, Annual Growth Fell to 0.4%
Economy
Industrial Production Up 4.3% in June, Raw Materials and Semi-Finished Products Lead
Economy
Government signs agreement with Beretta: Ammunition factory worth 125 million euros emerges in Obrovac
Economy
CEIZ Index Falls: EIZ Forecasts GDP Growth of 2%, CNB 1.6% in Q2
Croatia
Plenković Awards 276 Contracts to Croats in Bosnia and Herzegovina in Orašje: 'We Have Stepped into a New Dimension of Cooperation'
Contracts from two support programs totaling 37 million euros were presented in Orašje.
Politics
Iran's economy avoids collapse despite war with US, but inflation reaches 90 percent
Despite five-month war, sanctions and blockade of the Strait of Hormuz, Iran's economy survives thanks to diversification and informal trade, but the population pays the price, poverty rises, corruption thrives in billions of dollars, and the seized ship with medical aid for 44,000 dialysis patients has been released.
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.
WAR IN UKRAINE
Estonian Intelligence: Ukrainian Strikes Cause Billion-Dollar Losses to Russian Economy
Attacks on Wildberries warehouses and Crimea's transport infrastructure worsen Russia's business climate to its lowest level since mid-2022, according to the Estonian Military Intelligence Centre.