economy

Erdogan says lenders must improve access to credit or face government

Lenders in Turkey must increase access to credit for businesses or they will have to face the government, Turkish President Recep Tayyip Erdogan warned on Tuesday, amid signs the economy is facing...

Bloomberg ranks Croatia 41st among 50 most innovative economies

According to Bloomberg's innovation index, Croatia is ranked 41st among the 50 most innovative economies, down three places from 2016, according to a report released on Tuesday.

By year's end companies to be set up 'without paper', says minister

Minister of Economy Martina Dalic said during Question Time in Parliament on Tuesday that the government's Action Plan to relieve the economy, which should annually save enterprises about HRK 1.5...

China warns against trade war ahead of Trump inauguration

Chinese President Xi Jinping warned against a new trade war and presented China as a global champion of free commerce Tuesday at the World Economic Forum, where the change in US administration...

IMF confirms outlook of more than 3% growth in European emerging economies

The International Monetary fund (IMF) on Monday confirmed its earlier estimates for emerging and developing European economies, including Croatia, with an expected growth rate above three percent...

Round table for stepping up food import control

Croatians mostly eat quality food, notably if it is domestic, but it is necessary to step up the control of cheap imports whereby foreigners frequently get rid of surplus goods, a round table on...

IMF raises China growth forecast, but warns of sharper slowdown

China's economy will expand by 6.5 per cent this year, the International Monetary Fund said on Monday, as it warned that the growth, driven by government spending, will not be sustainable. 

IMF: Global economic activity projected to pick up pace in 2017-18

A positive shift in the world economy in the second half of last year prompted the International Monetary Fund (IMF) to leave unchanged its projections for higher global growth in 2017 and 2018,...

Italy saw deflation in 2016; first time since 1959

Italy experienced deflation last year, the first time it has done so since 1959, the Istat national statistics bureau confirmed Monday.

German economy sizzles at 1.9 per cent in 2016, strongest since 2011

The German economy grew by 1.9 per cent in 2016, the Federal Statistics Office announced Thursday, posting the strongest growth in five years for Europe's largest economy.

World Bank upgrades Croatia's economy growth projections

The World Bank has markedly upgraded the forecasts for Croatia's economic growth in 2016 and 2017, expecting it to stabilise at around 2.5%, while global economy is expected to grow by close to 3...

Euro 2016 tournament in France generated $1.29 bn, study says

The Euro 2016 football tournament hosted by France over the summer had an economic impact of 1.22 billion euros (1.29 billion dollars), a study released Tuesday said.

Croatia's exports and imports up 3% in Jan-Nov 2016

Croatian exports increased by 3% in the first eleven months of 2016 compared with the same period in 2015, and imports rose at the same rate as well, according to preliminary data released by the...

Croatian economy: Positive trends expected to continue

Following a pickup in economic activity in 2016, analysts expect further strengthening of the Croatian economy and new tourism records in 2017, as well as a return of inflation, continued wage...

SDP leader urges gov't to change regulations on taxation of student income

Social Democratic Party (SDP) leader Davor Bernardic on Thursday called on the government to urgently amend regulations under which students, once they earn HRK 15,000 in a year, have their each...