SDP MP says GDP growth owing to previous gov't, HDZ MP disagrees

Social Democrat member of Parliament and former minister Branko Grcic said on Tuesday that the economic growth of 2.7% in the first quarter of this year was owing to the previous, SDP-led government while developments in the second half of this year would be the result of the work of the incumbent government.

The national statistical office said earlier in the day that GDP in Q1 grew 2.7% from Q1 2015.

That growth is owing to the previous government, Grcic told reporters in a comment on the latest statistics.

"This is the sixth quarter in a row that we are recording growth. That means that we did a good job," Grcic said, adding that current problems in the functioning of the incumbent government would reflect on results in the second half of the year.

"The private sector is performing well, but the government needs to work better," he said.

Commenting on the latest statistics, MP Ivan Suker of the ruling HDZ party said that Croatia had finally started capitalising on its accession to the EU.

He said that exports and personal consumption had contributed the most to GDP growth, and that export growth was exclusively owing to the country's EU accession, with many entrepreneurs having the possibilities they did not have before.

"The former government says that this is owing to them. I don't know how. This is exclusively owing to Croatia's accession to the EU," said Suker, calling for moves that would step up the current trends.

Last update: Tue, 31/05/2016 - 15:03
Author: 

More from Croatia

A quarter of commercial pilots have left Croatia in past 4 years

International Civil Aviation Day is observed on 7 December worldwide and this has been an opportunity for the trade...

Joulupukki, or Santa Claus, comes from Finland to Zagreb

Joulupukki, a Finnish Christmas figure.

Croatia launches trilateral cooperation in Adriatic with Montenegro and Albania

Croatia has launched trilateral cooperation with Montenegro and Albania in the economy and environmental protection...

Croatian President: Thousands of IS fighters returning to Bosnia

Croatian President Kolinda Grabar-Kitarovic said in Dubrovnik on Tuesday that one should face the fact that...

Croatia's food industry records 43.7% increase in net profit

Croatia's food industry generated a consolidated net profit of HRK 931.5 million in 2015, which was an annual...