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Croatia: Domestic Consumption Remains Weak
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In the next years, Croatia´s economic performance will mainly depend on external factors.

After five years of negative growth rates, Croatia is expected to bottom out in 2014. This year, the newest EU member country will record a GDP contraction of 0.5%, BMI reports. This year, the declining domestic consumption is the main reason for the negative development.
In the medium term, Croatia´s growth rates will be below the potential. Consumption per capita is…
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