EUR 306.9 mln approved for 12 Croatian projects under Connecting Europe Facility

The financing of twelve Croatian transport projects worth EUR 306.9 million has been approved under the Connecting Europe Facility (CEF), the European Commission said on Friday.

Croatia's gross foreign debt in February down to EUR 44.6 bn

Compared to January this year, the gross foreign debt dropped by EUR 809.5 million. The central government debt dropped the most, by EUR 704.6 million, while the debt of other monetary financial institutions was the only one to grow, by EUR 6.8 million.

Croatia absorbs EUR 506 mln from EU funds in first 5 months of 2016

Most of the EUR 506 million will be used for projects related to transport and environmental protection, development of entrepreneurship, investments in the renovation of student dormitories, research projects etc.

Croatia receives EU accreditation for absorption of EUR 6.9 bn

Tolusic said that the European Commission had "warned of the insufficient number of people in the system," which could lead to failure to absorb EU funds.

Deal inked on HRK 141.5 mln grant for new dorm in Varazdin

An agreement on a non-repayable grant in the amount of 141.5 million kuna (EUR 18.6 million) from European Union funds for a new dormitory in Varazdin was signed in that northern Croatian city on Monday.

FDI in Croatia in 2015 plunge to EUR 128mn

Total foreign direct investments (FDI) in Croatia in 2015 amounted to EUR 128 million, preliminary figures released by the Croatian National Bank (HNB) show.

Karamarko says allowances for newborns most probably as of Sept 1

First Deputy Prime Minister Tomislav Karamarko said on Wednesday that the payment of the allowances in the amount of EUR 1,000 for each new-born baby would most probably start on September 1.

Croatia's gross foreign debt at 103.7% of GDP

Croatia's gross foreign debt at the end of December 2015 was EUR 45.5 billion or 103.7% of GDP, which was 4.7 percentage points less than the year before, according to the latest figures from the Croatian National Bank (HNB).

7 Croatian cities to have EUR 345 mln from EU funds for development

The seven biggest Croatian cities will have around EUR 345 million from EU funds at their disposal to create a more favourable environment for business and other activities, officials of the Regional Development and EU Funds Ministry said this past week.

Record surplus in Croatia's current account in 2015

The surplus in Croatia's current account in 2015 was EUR 2.3 billion, the highest in the country's history, mainly thanks to a good tourism income, according to central bank preliminary data.

US donates EUR 56,700 for demining in Croatia

The American Chamber of Commerce in Croatia (AmCham) has been one of the biggest demining donors and the latest agreement for a donation of HRK 427,000 was signed in Sisak on Wednesday.

Turkey seeks extra 3 billion euros in EU migration aid

Turkey has demanded an additional 3 billion euros (3.3 billion dollars) from the European Union by 2018, in return for help in tackling migration flows, European Parliament President Martin Schulz said at an EU-Turkey summit Monday.

Reimbursement of Slovenian bank's Yugoslav-era clients in Croatia begins

Slovenia has begun reimbursing Yugoslav-era clients of its now-defunct Ljubljanska Banka's Zagreb branch and under the first reimbursement package, 39 former foreign currency depositors or their heirs are set to receive EUR 685,000 on March 3-14,

Over EUR 11m invested in startups in 2015

More than EUR 11 million was invested in Croatian startup companies in 2015, nearly 50 percent less than in 2014, Zagreb Entrepreneurship Incubator said on Friday.

Croatians spend EUR 6b on Visa cards in 2015

About EUR 6 billion or HRK 45 billion was spent on Visa credit cards in Croatia in 2015, up 22 percent on the year, it was said on Tuesday at a presentation of the company's business results.

Croatia exported EUR 197m in weapons, military equipment in 2015

Croatia exported HRK 1.5 billion (EUR 197.4m) worth of weapons and military equipment in 2015, the same as in 2014, according to an unofficial source at the RH Alan state agency, which exports and imports weapons and military equipment.

Goods exports in first 8 months of 2015 increase nearly 11 pct

According to provisional data, exports in said period totalled HRK 56.2 billion, while imports stood at HRK 92.6 billion. The export-import ratio was 60.6%.