Croatia

The Croatian economy could  grow 8.5% this year, more than expected, thanks to revenue from tourism and household spending, the country’s central bank predicts. “We will have strong growth in the third quarter and we expect this year’s overall growth at 8.5%,” central bank governor Boris Vujcic said during a financial market conference in  in the Adriatic resort of Opatija. “The figure comes

Croatia’s economy grew by an estimated 14.5% in annual terms in the second quarter of 2021, the Institute of Economics Zagreb (EIZ) said. On a quarterly basis, the economy advanced an estimated 1.2%. The estimate was based on the year-on-year change of the institute’s Coincident Economic Index (CEIZ) for the month of May, the local think-tank said in a statement. CEIZ is

Croatian CEOs report high optimism about the world economy, with 67% believing growth will improve in 2021, according to a survey of PwC Croatia. Their optimism extends to their own company’s performance: 84% expect that their organization’s revenue will increase over the next year while 71% expects higher profitability as well. While only 29% of Croatian CEOs increased headcount in past 12