EC

Croatian gov't prepares response to EC on loan conversion

Croatia's government on Wednesday endorsed a letter which it needs to send to the European Commission by the end of the month regarding the conversion of Swiss franc loans.

EC expects Serbia to establish full cooperation with ICTY

During a press conference, reporters were interested whether a negative report by the Tribunal on Serbia's cooperation would have any consequences on the opening of Chapters 23 and 24, announced for the end of the month.

Panenic: EC sees HEP-Marubeni cooperation in Plomin C as unacceptable support

Speaking to reporters in Split, Panenic said the note would be considered. He said it was very important that both companies responded to the Commission's opinion so that "a final solution regarding Plomin C" could be reached.

Minister Maric meets European commissioner for financial stability

The two officials also discussed Croatia's law on the conversion of loans pegged to the Swiss franc to ones indexed in euros, which Commissioner Hill recently criticised.

EU backs away from threatened punishment in fight with Poland

The European Commission has backed off a threat to issue formal objections this week about controversial judicial reforms in Poland, ahead of talks between the two sides in Warsaw.

Reform plan good but was in past too, says analyst

The reforms show that the planned goals and reforms are definitely good but this was the case in past years too, yet Croatia was not successful in implementing the reforms to which it committed, Splitska Banka economist Zdeslav Santic told Hina.

EC says Croatia's reform programme ambitious, gives 5 recommendations

In the first recommendation, the Commission calls on Croatia to ensure a durable correction of the excessive deficit.

PM says expects positive opinion from EC

Prime Minister Tihomir Oreskovic said on Wednesday he expected a positive opinion from the European Commission on the National Reform Programme.

Gov't ministers satisfied with EC's assessment of national reform plan

Vecernji List said the EC did not intend to step up the monitoring of macroeconomic imbalances in Croatia or introduce corrective measures.

Croatia has 2 months to respond to EC about objections to RDP sub-measures

The Croatian minister explained that two weeks after he took office in late January, a mission of the European Commission arrived in Croatia to check some of the reported irregularities regarding the IPARD programme.

Croatia requests EC aid for dairy farmers, frost damage

"Croatia has proposed a special item in which we wish to inform the European Commission about the situation in an especially delicate and vulnerable sector, milk production," Romic said.

Croatia to be penalised if tobacco products law not aligned soon

Croatia is facing a European Commission penalty if parliament fails to amend by May 20 the law on tobacco products, aligning it with the European Union Tobacco Products Directive.

Par'l committee rejects EC directive on posted workers' salaries

Under the EU directive, companies in one European Union member-state that conduct their business in another member-state will have to pay their workers the same wages paid for workers in the host country.

EC can claim back irregularly spent funds intended for agriculture

The Commission would neither confirm nor deny the report, saying only that audits are carried out annually in all member states.

PM: Once it sees planned reforms, EC will revise figures upward

Prime Minister Tihomir Oreskovic has said he is confident that once the European Commission analyses the measures from his cabinet's National Reform Programme, it will improve its forecast for Croatia's economic growth.

EC says hasn't received any complaint over Krk LNG terminal

"We are not aware of the complaint you mention," a source from the Commission has said in response to Hina's queries.

EU commission: The end of Schengen would cost 5 to 18 billion euros

Reintroducing permanent border controls within the European Union, abolishing its passport-free Schengen area, could cause economic damage of between 5 and 18 billion euros (5.75 to 20.7 billion dollars), the European Commission said Tuesday.

Ex-minister: Downward revision due to poor start of new government

Opposition Social Democratic Party (SDP) deputy leader Branko Grcic said on Tuesday that the European Commission's downward revision of its growth projection for Croatia for this year to 1.8% was the result of a poor start of the new government.

EC: Growth to depend on reform implementation

The Commission was surprised by a 22% drop in Croatian public investment in the fourth quarter of 2015, as a result of which the budget deficit decreased more than had been expected and growth was lower.  

FinMin says revised EC projection still close to that made by gov't

The European Commission on Tuesday released its Spring 2016 Forecast, mildly reducing Croatia's economic growth outlook to 1.8%, the main reason for this being the poor results in Q4 2015.

EC greenlights Croatia's new waste management plan framework

He says the advancement of the waste management system will enable Croatia to meet its obligations towards the European Union and not pay penalties, recalling that cities and municipalities have the legal obligation to enable citizens to sort waste.

Croatia waiting for EC to incorporate criteria for Serbia's negotiations

"We expect a reply from the EC," Kovac said and reiterated that one of the criteria was the abolishment of jurisdiction for war crimes in the entire area of the former Yugoslavia.

EU commission: Don't turn against refugees after terrorist attacks

There is no reason to turn against refugees after the Brussels terrorist attacks, the European Commission said Wednesday, after several right-wing politicians called for tougher migration policies.

EC says audio-visual regulators' independence important, watching Croatia

The European Commission said on Tuesday that it considered the independence of regulators in the audio-visual sector very important for media freedoms and was therefore closely following the situation in Croatia.

Croatia given early warning from EC about budgetary strategy

The European Commission on Wednesday sent early warning signals to six EU member-states, including Croatia, regarding their respective obligations under the Stability and Growth Pact (SGP), ...

FinMin won't speculate about EC decision on Croatia's macroeconomic imbalances

Finance Minister Zdravko Maric would not speculate on Tuesday about a European Commission decision on the Macroeconomic Imbalance Procedure which the Commission will adopt later today.

Croatia faces corrective action, says EC Vice-President

On Friday afternoon, the Commission is expected to publish a report on economic and social challenges in the EU member states, encompassing the findings of in-depth reviews in 18 countries, including Croatia.

EC asks Croatia to explain its gas market rules

The European Commission (EC) on Thursday sent a reasoned opinion to Croatia concerning its gas market rules and Croatia now has two months to inform the Commission of the measures taken to remedy the situation.

EC revises upward outlook of Croatia's GDP growth to 2.1 pct

The European Commission on Thursday revised upward its outlook of Croatia's growth in 2016 from a previous 1.4% to 2.1%, saying however that the pace of the recovery remained constrained by the still high stock of debt in both the private and public sectors.

Croatia among 11 EU members with high mid-term public finance sustainability risk

Croatia is among 11 EU member states with high mid-term public finance sustainability risks, according to a fiscal sustainability report, released by the European Commission on Monday.

Croatia marks 24th anniversary of international recognition

On January 15, 1992, when Croatia became internationally recognised, the Homeland War was under way and nearly a third of the country was occupied by the Yugoslav People's Army (JNA) and Serb insurgents.