Croatian Economy Suffers from Low Investor Confidence

Politics ♦ Published: January 16, 2014; 19:39 ♦ (Vindobona)

In the first nine months of 2013, FDI continued to shrink. However, the FDI will improve gradually, analysts say.

Croatian Economy Suffers from Low Investor Confidence / Picture: © Vindobona.org

According to the latest data released by the Croatian National Bank (HNB), foreign direct investments only came at € 531m in the three quarters of 2013. Compared to the reference period of 2012, the FDI value was down to the half.

Ownership investments came at € 300m while retained profits reached € 154m. Other investments amounted to € 76m HNB reported.

The…