2013 Growth Forecast Reduced Again This quarter we have again cut back our forecasts for the Croatian economy. This has been the result of poor Q412 GDP numbers, along with continuing evidence of weak private consumption and sluggish external demand. We expect the government to remain committed to its fiscal austerity targets. On the plus side, the resolution of a dispute with Slovenia over bank debts seems to have cleared the way for Croatia’s accession to the European Union in July this year. We expect this to boost investor appetite, and the inflow of EU structural funds will also be …
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