public debt

RBA: Public debt in October 2016 down to HRK 287.4 billion

According to the latest central bank figures, Croatia's public debt at the end of October 2016 went down to HRK 287.4 billion, recording a decrease on the year for the eighth consecutive month, Raiffeisen Bank Austria (RBA) said in its analysis on Thursday.

Govt adopts strategy to manage public debt until 2019

The government on Thursday adopted a Strategy for the Management of Public Debt in the 2017 - 2019 period which foresees a reduction of the share of public debt in Gross Domestic Product (GDP) at the end of that period to 75.3%.

Eurostat: Croatia's public debt down for third consecutive quarter

Croatia's public debt at the end of September 2016 was HRK 289.1 billion, 1.2 billion less than at the end of September 2015, with the the debt-to-GDP ratio being 84.9%, according to figures published by Eurostat on Monday.

HGK: Croatia's public debt in Q3 2016 falls to 85% of GDP

Croatia's public debt to GDP ratio fell to around 85% at the end of the third quarter of 2016, the first year that is expected to see a drop in public debt after its continued rise for eight years, the Croatian Chamber of Commerce (HGK) says in an analysis.

Public debt drops for sixth consecutive month y-o-y

Croatia's public debt at the end of August 2016 amounted to HRK 209.3 billion, 1.3 billion or 0.4% less compared to the same month of 2015, and August was the sixth consecutive month to see an annual drop in public debt, show figures released by the Croatian National Bank (HNB).

2015 general government deficit revised upward to 3.3% of GDP

Croatia's consolidated general government deficit in 2015 was HRK 11.03 billion, or 3.3% of GDP, the National Bureau of Statistics (DZS) said on Friday.

HNB: Public debt at end June HRK 285.7 bln

The general government debt at the end of June 2016 was HRK 285.7 billion, 1.7 billion or 0.6% less than at the end of June 2015 and HRK 3.9 billion or 1.3% less than at the end of 2015, show the latest figures provided by the Croatian National Bank (HNB).

Croatia's public debt cut to EUR 38b at end of May

Public debt over five months in 2016 was cut by HRK 4.6 billion. The internal debt went up HRK 2.7 billion, while the foreign debt fell HRK 7.3 billion.

RBA: Public debt in April down by nearly HRK 3 bln

Croatia's public debt at the end of April 2016 went down to HRK 285.1 billion, recording a decrease both on the month and on the year, Raiffeisen Bank Austria (RBA) said in its analysis on Wednesday.

Croatia's public debt down for first time since 1999

Croatia's public debt at the end of the first quarter of 2016 was HRK 288.3 billion, HRK 4.7 billion less on the year (-1.6%), which was the first public debt decrease annually since 1999, the Croatian Chamber of Commerce (HGK) said on Sunday.

Croatia among EU countries with high share of loans in public debt financing in 2015

In 2015 Croatia remained among the European Union member states with a relatively high share of government debt financed by debt securities and a significant proportion of debt held by the resident financial corporations sector, Eurostat reported on Tuesday.

Public debt totals EUR 38.7b at end of Feb

At the end of February 2016, Croatia's public debt totalled HRK 289.7 billion, HRK 1.5 billion less on the month but HRK 4.2 billion more on the year (+1.5%), the central bank (HNB) said on Wednesday.

Croatia's 2015 general government deficit at 3.2%, public debt at 86.7% of GDP

General government debt increased by 1.9% in 2015 compared with 2014, 2.5 times less than in 2014. This is the lowest debt growth rate since the introduction of the ESA 2010 methodology in the Excessive Deficit Procedure. the DZS says.

Croatia's end-2015 public debt at 86.7% of GDP

Croatia's public debt in December 2015 was HRK 289.7 billion or 86.7% of GDP, stagnating monthly, but increasing annually by 1.9% or HRK 5.5 billion, analysts at Raiffeisenbank Austria (RBA) said in a report on Wednesday.

Croatia's public debt reaches 85.5% of GDP, foreign debt 107.7% of GDP

Croatia's public debt reached HRK 285.3 billion at the end of November 2015, representing 85.5% of the estimated GDP for 2015, while gross foreign debt totalled EUR 47.2 billion or 107.7% of GDP, the latest figures provided by the Croatian National Bank (HNB) show.

Pension funds interested in government projects, but not unconditionally

Croatian pension funds are interested in projects with which the government aims to reduce the budget deficit and public debt, but their interest is not unconditional, the heads of four mandatory pension funds said on Monday.

PM says every option possible to cut budget deficit

Prime Minister Tihomir Oreskovic said on Wednesday the priority regarding this year's budget was to reduce the public debt, adding that attempts would be made to reduce the deficit to three percent of GDP, with every option open and every card on the table.

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.

Economy and finance ministers announce strategies for energy, public debt

Panenic added that 113 investment projects were in the pipeline, after being drawn up in accordance with the Strategic Investments Act.

New government's economic agenda guidelines

According to the document on the cabinet's 2016-2019 term, the future government will focus on "further smart fiscal consolidation" with the aim of reducing the budget deficit and public debt.

Greek debt back on the upswing, reached 171 per cent in third quarter

Greece's public debt swung back up in the third quarter of last year, reaching 171 per cent of gross domestic product (GDP) and registering one of the largest quarterly increases in Europe, new data showed Friday.

EC: Croatia's new government faced with debts, unemployment and poor management

"The rising general government debt is a source of concern," the Commission says, adding that according to its 2015 autumn forecast, it will reach 89.2% of GDP in 2015 and increase further to 92.9% by 2017.

Croatia's public debt reaches 85.9% of GDP in Sept

Croatia's public debt came to HRK 286 billion at the end of September, making up 85.9% of the country's Gross Domestic Product, according to the latest figures released by the central bank (HNB).

HGK: Public debt growth still remains high

The HGK said that public debt in September 2015 was up 5.9% on the year, caused mostly by the central government whose debt increased by 6.1%. Local government debt at the same time was reduced by 5.2%.

Croatian banks see reduced space for financing state

"Each bank runs its own crediting policy and the banks will make sure that further financing of the state remains possible, but there is no much space for the exposure level to rise," 

Croatia's public debt up 6% y-o-y

General government debt, which includes the debt of central government, social security funds and local government, decreased by HRK 1.8 billion or 0.6 per cent from July,

EC to publish autumn economic forecast Thursday

The European Commission will present its autumn economic forecast, including information on GDP, inflation, employment, budget deficit and public debt in the member states, ...

Croatia's public debt reaches 87% of GDP in July

General government debt in July 2015, compared with June 2015, increased by HRK 6.1 billion or 2.2%, while compared with July 2014 it went up by HRK 18.2 billion or 6.7%.