economy

US unemployment rate dips to 9-year low

The US unemployment rate fell in November to 4.6 per cent, a nine-year low, the Bureau of Labour Statistics said Friday.

Erdogan calls on Turks to sell dollars and buy lira and gold

President Recep Tayyip Erdogan urged Turkish citizens on Friday to sell their dollars and buy gold and lira, as the local currency continued to decline against the greenback and euro.

Croatia's gross foreign debt in Aug down 9 straight months

Croatia's total gross foreign debt at the end of August this year amounted to 43.7 billion euros, which is 4.1 billion or 8.6% less than at the end of August last year, the Croatian National Bank...

The Economist forecasts Croatia's GDP to grow 2.2 pct in 2017

The Economist weekly forecasts that Croatia's economy will grow 2.2% in 2017, spurred by stronger consumer confidence, "but the economy will remain below its 2007-08 peak."

Croatia biggest investor in Bosnia

Croatia invested the most in Bosnia and Herzegovina in 2015 and since 1994 it led the way in investments and company branches in the Federation entity, it was said after a Federation government...

EU, eurozone unemployment squeak to seven-year lows for October

Unemployment across Europe ticked down in October to its lowest rates in more than seven years, data released Wednesday showed, but differences between individual countries, as well as high youth...

PM: Croatia moving in the right direction, as shown by growth

Croatian Prime Minister Andrej Plenkovic of the HDZ party said on Wednesday that the government was very satisfied with figures showing a 2.9% increase in GDP in the third quarter of this year...

Opposition MP claims SDP-led gov't laid foundations for GDP growth

MP Branko Grcic of the Opposition Social Democratic Party said on Wednesday that the former SDP-led government, in which he was regional development and EU funds minister, had laid the foundations...

Croatia posts fastest quarter-to-quarter GDP growth in EU

Croatia is in the upper half among European Union member states in terms of the annual GDP growth in the third quarter of 2016, while recording the fastest growth in comparison with the previous...

Eurozone inflation hits two-and-half year high in November

Inflation in the 19-member eurozone rose to a two-and-half year high in November, helping to ease the pressure on the European Central Bank as it struggles to keep consumer prices in positive...

Vegans urge Bank of England to remove tallow from banknotes

British vegans have petitioned the Bank of England to remove tallow from its banknotes after the bank admitted its new plastic 5-pound (6.2-dollar) notes contain traces of the animal fat.

Employers welcome government's GDP projection

The Croatian Employers' Association (HUP) welcomes the government's optimistic projection of GDP growth for next year, but believes that it is not enough to catch up with other countries after...

Zimbabwe launches bond notes amid fear of massive inflation

 Zimbabwe’s central bank on Monday issued 10 million dollars’ worth of bond notes to address the country’s cash shortage, sparking fears that the move could trigger massive inflation.

Croatia's Q3 GDP growth rate expected at 3%

Economic analysts estimate that the Croatian economy grew by about 3% in the third quarter of 2016, the fastest in the last eight years, thanks to increased consumption and investment and a record...

Nepalese not allowed to use new Indian notes despite cash shortages

Nepalese will not be allowed to use new Indian bank notes worth 500 and 2,000 rupees (about 7 and 29 dollars) until India’s central bank authorises Nepal to do so, an official said Friday.