Croatia: EU-Membership Did Not Help Yet

Politics ♦ Published: October 19, 2013; 11:51 ♦ (Vindobona)

In the first months of its EU membership, the situation in Croatia´s industrial sector deteriorated further.

Croatia: EU-Membership Did Not Help Yet / Picture: ©

For more than three months, Croatia is a member of the EU. Until now, the EU membership did not bring any progress for the financially ailing country.

On the contrary, the exporting industrial sector registers a massive fall in exports. In August, Croatia exports were down by 20%. In the first eight months, exports decreased 6.3%.

According to economists, this is mainly…