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Croatia Considers Leasing Out Highways
Politics ♦
Published: December 8, 2012; 17:04 ♦ (Vindobona)
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In order to reduce the budget deficit, Croatia plans to privatize its highway network.
Croatia Considers Leasing Out Highways / Picture: © Vindobona.org
The austerity pressure is growing persistently. In 2012, Croatia´s foreign indebtedness comes at 36% of GDP. This year, the budget deficit will exceed 4.0% of GDP, analysts say. Croatia´s GDP is expected to decrease by 1.9% this year.
In order to prevent further downgrades, the government in Zagreb tries to reduce the budget deficit by all means. In summer, the government…
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