The European Commission gave a positive assessment of Croatia’s recovery and resilience plan, worth EUR 6.3 billion, which could significantly boost the country’s GDP and create 21,000 new jobs by 2026. The positive assessment was personally delivered by EC president Ursula von der Leyen to Croatia’s prime minister Andrej Plenković in Zagreb on Thursday.
Croatia receiving a green light from Brussels is an important step towards the EU disbursing funds in grants and loans under the Recovery and Resilience Facility (RRF). According to European Commission’s estimates, Croatia’s recovery and resilience plan could help grow the national economy by 1.5% in 2021, an additional 2.5% in each of the next four years, and by 2.9% in 2026.
As Donald Trump officially declared his victory in the US election, he received congratulations from…
European leaders committed to developing a defence industry base and enhancing EU competitiveness at an…
The EU and the Republic of Korea formalised a comprehensive Security and Defence Partnership in…
Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with…
Hungarian Prime Minister Viktor Orban, no stranger to political brinkmanship, went all in on Donald…
Moldovan President Maia Sandu defeated her pro-Russian rival Alexandr Stoianoglo by around 55% to 45% in the presidential second-round…