Croatia Faces Radical Fisal Measures

Politics ♦ Published: April 25, 2014; 12:18 ♦ (Vindobona)

The fiscal situation of the Balkan country and youngest EU member state is disastrous. The Croat government announced to introduce new taxes.

Croatia in Troubles / Picture: © Vindobona.org

The Croat government is under enormous pressure. Due to EU fiscal requirements, the government has to take unpopular measures. Until the end of April, the Croat government has to submit an austerity plan to the European Commission. The European Commission has to evaluate whether Croatia is able to lower the budget deficit sustainably in the next few years. At the end of last year, the…

or Log In

Fast News Search
Related News
Austrian Public Debt Almost at 80% of GDP (April 24, 2014)
Serbia’s Goal to Join EU until 2020 “Realistic” (April 11, 2014)
Slovenia: Budget Deficit to Jump to 14.7% (April 2, 2014)
Dramatic Capital Outflow in CESEE (February 15, 2014)
Criticism of Croatia´s Fiscal Policy (February 4, 2014)
Read More
Croatia, Taxation, Fiscal Policy, Public Debt, Budget Deficit
Featured
How the People’s Republic of China Leverages Its Membership in Multilateral Organizations to Advance Its Geopolitical Interests
How China's Global Infrastructure Strategy Undermines European Integration in the Western Balkans and Beyond
See latest Vindobona Newsletter