Croatia

Bulgaria and Croatia accepted into ERM2

Denitsa Koseva in Sofia July 11, 2020

The two Southeast European countries must spend at least two years in the Exchange Rate Mechanism to become members of the eurozone in what will be its first enlargement since 2015.

HDZ’s Andrej Plenkovic ready to form new government in Croatia

bne IntelliNews July 6, 2020

Plenkovic promises speedy formation of new government after Croats opt for continuity in general election.

Preliminary results show clear victory for HDZ in Croatian general election

bne IntelliNews July 5, 2020

If confirmed by the final results, PM Andrej Plenkovic's HDZ would fall short of an absolute majority but be in a strong position to form a new government.

Croatia heads for hung parliament in July 5 election

Clare Nuttall in Glasgow July 3, 2020

Croatia’s general election is virtually certain to end in a hung parliament, but the main parties will be under heavy pressure to form a new government quickly as COVID-19 cases rise.

Croatia to be among countries worst hit by tourism collapse this year, says UNCTAD

bne IntelliNews July 2, 2020

Global tourism sector set to lose between $1.2 trillion and $3.3 trillion depending how long travel restrictions last, the UN’s trade and development body forecast.

Economic sentiment in CEE picks up in June, but still deeply depressed

bne IntelliNews June 29, 2020

The economic sentiment indicators started to pick up again in June across Central and Eastern Europe (CEE), but there are big differences between the countries as they start to recover from the coronacrisis at their own speeds

BALKAN BLOG: Anyone for COVID?

Clare Nuttall in Glasgow June 27, 2020

Adria Tour fiasco shows how not to relaunch sporting events during a pandemic — and gives the Croatian opposition ammunition against PM Andrej Plenkovic ahead of next week’s general election.

VISEGRAD BLOG: Returning migrants but no COVID baby boom for emerging Europe

Clare Nuttall in Glasgow June 23, 2020

What does the coronavirus pandemic mean for the region's dismal demographics?

Restrictions come down again in emerging Europe as coronavirus cases surge

bne IntelliNews June 23, 2020

Several countries in emerging Europe have re-imposed lockdowns and border restrictions to prevent the spread of the novel coronavirus after reporting spikes in new infections.

High-profile tennis players test positive for coronavirus after Croatia tournament

bne IntelIiNews June 22, 2020

Croatia has seen a new spike in coronavirus (COVID-19) cases in the last few days, with several of them linked to a charity tennis tournament at Zadar on the Adriatic coast.

Croatia’s July general election in question after sudden surge in COVID-19 cases

bne IntelliNews June 21, 2020

Opposition leaders accuse government of overlooking risks of holding general election during a pandemic, but Interior Minister Davor Bozinovic says no need to postpone the vote.

Tourists trickle back to the Adriatic

Clare Nuttall in Glasgow June 21, 2020

Hundreds of thousands of people are now on the move in Central and Southeast Europe as travel restrictions imposed to contain the novel coronavirus are eased.

Illicit cigarette consumption declines in eastern EU states

Clare Nuttall in Glasgow June 20, 2020

KPMG report says fewer contraband cigarettes flowing into the EU, but growth in illegal factories within the bloc.

Emerging Europe banks face surge in distressed loans when COVID support measures expire

bne IntelliNews June 18, 2020

Vienna Initiative report warns banks heading for a "cliff-edge effect of new distressed borrowers", followed by successive waves of new NPLs.

Spikes in new COVID-19 cases reported in several European emerging market countries

bne IntelliNews June 16, 2020

As governments continue to lift lockdowns and travel restrictions across Central, Eastern and Southeast Europe, several countries in the region have reported record-high numbers of new infections in the last few days.

CEE banks heading for one of their worst crises in 10 years

Clare Nuttall in Glasgow June 15, 2020

Post-COVID-19, banks in Central and Southeast Europe expect demand for financing to contract sharply, credit standards to tighten and an increase in NPLs, a new EIB survey shows.

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