Croatia: Waiting for the turnaround (by Hermine Vidovic) in: Fasting or Feasting? Europe - Old and New - at the Crossroads, wiiw Current Analyses and Forecasts No. 10, July 2012, pp. 94-97 DOWNLOAD (Login required) Download 10 € Add to cart NEW: The download includes the country report in PDF; the country table is additionally provided in Excel. Hardcopy 10 € Add to cart   Countries covered: Croatia, SEE

Croatia is slipping again into recession in 2012 and should finally rebound in 2013 provided a strengthening of external demand and the picking up of investments. Households’ disposable income being hit by high and persistent unemployment will keep domestic demand contracting. Reducing the budget deficit including structural reforms and servicing high foreign debt will remain the most challenging tasks for Croatian authorities. EU accession in 2013 may help to revive investments.

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