Croatia: Milanovic Promises Economic Recovery

People ♦ Published: November 28, 2013; 09:31 ♦ (Vindobona)

Prime Minister vows that Croatia's economy will be put on a sounder footing.

Croatia: Milanovic Promises Economic Recovery / Picture: © Vindobona.org

Presenting his cabinet's draft budget for 2014 and projections for budgets in 2015 and 2016 in the parliament, Prime Minister Zoran Milanovic on Wednesday vowed that Croatia's economy would be put on a sound footing in the next two or three years.

"For years, Croatia has lived beyond its means, and by the end of this year, the country's public debt will have reached HRK 195…