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Croatia: „Insufficient Move Towards the Positive Direction“

Published: September 2, 2013; 10:01 · (Vindobona)

Croatia hopes its economy is moving in the "positive direction".

Croatia: „Insufficient Move Towards the Positive Direction“ / Picture: © Vindobona.org

Croatia's Deputy Prime Minister and Regional Development Minister Branko Grcic on Friday said that a negative economic growth of -0.7% in the second quarter of 2013 "is a relatively good, although insufficient, but indicative move towards the positive direction", given that the GDP contraction was now at a slower pace.

The Croatian economy contracted 0.7% in the second quarter,…

This article includes a total of 254 words.

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