The abrupt departure of the Croatian National Bank governor laid bare tensions over conditions in the country’s financial sector, but his successor looks set to bring continuity rather than change.
Central & eastern Europe
Latest articles from Croatia
Trying to turn the taps back on
May 5, 2010Croatia entered the financial crisis with its banking sector in good shape, but rising unemployment and fiscal pressures are dampening new lending activity. Writer Nick Saywell
‘Visionary’ tactics cushion the blow
December 1, 2008Croatia has not been immune to the global liquidity squeeze, but measures taken by its central bank in recent years to avoid an uncontrolled build-up of foreign debt mean the banking system may be less vulnerable than some of its local counterparts. Writer Nick Saywell.
Champing at the bit
April 3, 2006While Croatia’s banking sector is on a sound footing, with foreign investors now accounting for more than 90% of its total assets, the central bank’s restrictive measures to curb credit growth are frustrating lenders. By Nick Spiro.
EU accession talks boost markets
April 3, 2006Croatia’s fledgling capital markets are benefiting from a surge in interest from domestic and foreign investment funds and a fast-growing corporate bond market as negotiations for EU membership get under way. Nick Spiro reports.
Foreign players vote with their feet
September 5, 2005Although the economy is in bad shape, Croatia remains a magnet for foreign banks, simply because Croatians like to borrow and save.Tom Blass reports.
A new landscape
March 7, 2005Croatia’s banking system has changed dramatically in the past few years with the rise in foreign ownership but the country is still overbanked.
Fast track to EU accession
March 7, 2005The Croatian government has planned a tight schedule of reform and economic targets in its efforts at convergence with the EU.
Building bridges
March 3, 2004Croatia’s new government has its work cut out preparing for Nato entry and EU accession negotiations as well as strengthening the country’s external trade balance in a slowing economy. Istvan Lengyel reports from Zagreb.
The tourist trail
March 3, 2004A carefully planned tourism industry will provide Croatia with jobs and economic growth.
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