Croatia is an important wine producer and it tries to perfect its wine products for decades. In 2017, wine production had revenues of HRK503.9m (EUR68.1m), but the total production is decreasing.
Standard & Poor's (S&P) kept Croatian BBB's rating in the end of September 2018, and changed the prospects from stable to positive, thanks to expectations that the Croatian economy will continue to grow.
The summit of the Three Seas Initiative (TSI) in the Romanian capital Bucharest showed an important thing: the Initiative is not only economically interesting, it is turning into a serious project.
On the Croatian rail freight market six freight carriers were active in the Q2’18. The development of railway infrastructure and the increase of passenger and freight transport are key for Croatian economic development.
After crisis in Agrokor many were left with fears over the future of numerous cooperatives who worked with Agrokor.
The Action Plan, agreed between Germany and Croatia, means promotion and education in culture, energy, economy, strengthening of parliamentary cooperation and, most importantly, attracting further German investments.
Global economic growth have created conditions for reduction of public debt in 2017. The favorable external and internal conditions supported reduction of general government debt in Croatia in 2017.
The Eastern European consulting market saw a solid year of growth in 2017, with every major country in the region — Poland, Romania, Czech Republic, Hungary, and Slovakia — expanding faster than the year before.
Over the course of the last dozen or so months, EU institutions, as well as the Polish Financial Supervision Authority have intensified their efforts to help fintech companies to develop.
In 2017, the value of fixed capital formation in the EU member states increased by EUR123bn y/y. In Poland, it was EUR5.5bn higher y/y, but its share in relation to GDP decreased to the lowest level in 20 years.