A collection of 105 posts
Every country in Central and Eastern Europe (CEE) has increased its research and development (R&D) intensity over the last decade, according to EU statistics agency Eurostat. Poland and Czechia were the regional frontrunners from 2010-20, as they both increased intensity – i.e. R&D expenditure as a
Although the six Western Balkan countries aspiring to join the European Union, referred to as the WB6, are expected to have economic growth well above the EU average this year, the economic gap with member states remains large. In GDP per capita per purchasing power terms, all of the WB6
A report by a European travel industry group says Europe’s travel industry is recovering this year, but the continent has a long way to go before it will see pre Covid pandemic levels of guest arrivals. While the 2021 summer tourism season saw decent numbers, according to the latest
“The benefits of euro adoption would outweigh the disadvantages,” Croatian President Zoran Milanovic announced after meeting George Vella, his opposite number in Malta, on Wednesday. Croatia’s head of state opposed joining the Eurozone throughout his 2019 presidential campaign, local media noted. Milanovic explained that Malta, which adopted the currency
Croatia’s Supreme Court sentenced MOL chairman-CEO Zsolt Hernadi and the country’s former prime minister Ivo Sanader to prison sentences for bribery on Monday. Hernadi paid Sanader EUR 10 million in bribes in 2008-09 to secure Hungarian energy firm MOL’s management rights in its Croatian peer INA, the
Zagreb has come out in support of the G20 political agreement based on a proposal to tax multinational companies. It will bring greater tax fairness, according to Croatia’s finance minister, Zdravko Marić, who said his country is in favor of the global mechanism that is planned to be enshrined
Western Balkan countries lose around 5.5 billion euros each year through the emigration of young citizens, a new report by the Westminster Foundation for Democracy found. The research, which looked at Serbia, Albania, Bosnia-Herzegovina, Kosovo, Montenegro and North Macedonia, concluded that the education of a child into adulthood costs
By the end of August, EU member Croatia and two of its Southern neighbors down the Adriatic coast, Montenegro and Albania, had happily concluded what was an excellent tourist season for those countries so far this year. Revenues from tourism are giving a significant boost to their economies, much needed
Hungary has floated the idea of a tripartite agreement to supply Ukraine with natural gas flows through Hungary via liquefied natural gas (LNG) received at the terminal on the Croatian island of Krk. Following a meeting with his Croatian counterpart in Budapest, Hungary’s minister of Foreign Affairs and Trade,
Two countries in Central & Eastern Europe (CEE), Bulgaria and Croatia, are on track to introduce the European common currency. In Sofia, politicians on both the left and right endorse the euro despite the looming government crisis, while Zagreb has even decided on its national symbols to be portrayed on
If you’re traveling to Dubrovnik, Croatia’s southern Adriatic resort town, you no longer need to transit through Bosnia and Hercegovina: the two parts of Croatian territory are now united by a spectacular, 2.5 kilometer-long bridge, linking the mainland with the Peljesac peninsula. For the first time in
Serbia’s central bank is accusing Croatia of appropriating the the historical and cultural heritage of Serbians if Zagreb places inventor Nikola Tesla’s visage on euro coins, when the latter country hopes to adopt the euro common currency in 2023. Tesla, the inventor of alternating current (AC) among his
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’
Few would call Europe a continent of extremes – yet wage differences are sometimes severe: in South-Eastern-Europe, in countries outside of the European Union, there are still some places where hourly wages are under EUR 2. Meanwhile, EU member states like Croatia and Slovenia offer much better pay, the latter being
Low-cost carrier Ryanair, which will open bases in Zagreb and Zadar this summer, has slammed Croatia Airlines’ recent complaints that the company is receiving preferential treatment in the Croatian capital. Jason McGuinness, Ryanair’s chief commercial officer, said that it is inappropriate for the national carrier to complain about Ryanair