Tourism is a major industry in Croatia. In 2018, Croatia had 18.4 million tourists and 110.3 million overnight stays. It’s responsible for around 20 per cent of Croatian GDP.
On its path to Eurozone membership Croatia has taken the important step of filing a formal application to join the EU's Exchange Rate Mechanism, or ERM II. But doubts whether introducing the EUR is a good or a dangerous thing exist.
European Statistical Office (Eurostat) published two key comparative data on the development of European Union member states, based on which the so-called "convergence" is estimated.
The data from the annual financial statements of the entrepreneurs reveal an extremely interesting dynamics in the structure of the Croatian corporate sector. But the changes are still located at the bottom of the corporate pyramid.
As the only Central and Southeast (CSE) country Estonia moved from a position of a Moderate Innovator into a group of Strong Innovators in the European Innovation Scoreboard 2019 (EIS) prepared by the European Commission (EC).
The Croatian chemical industry is moving to the preparation of information and lobbying programs that during the Croatian Presidency will present to the EU members the interests of the industry in general, and in particular the chemical industry.
The main constraint for Croatia's long-term economic growth is the growth of productivity, and not demographic problems the country, together with Central and Southeast Europe (CSE), faces.
European football clubs have become profitable. The aggregate net profit at the level of all European soccer leagues in the financial year 2017 was EUR615m.
In the middle of April, the Croatian government adopted two key economic policy documents: The National Convergence Program 2019-2022 and the National Reform Program 2019.
Both countries are rapidly moving into a more green energy sources, mainly the solar power, taking advantage of their geographical location and EU funds.