S&P expects that Croatia’s economy will expand by 2.5% in real terms in 2022, supported by recovery in the tourism sector and a pick-up in investments. It also highlights that in their view eurozone accession, targeted for 2023, would reduce foreign exchange risks and improve Croatia’s monetary flexibility. Among other things, the agency affirmed Croatia’s stable outlook, assessing that Croatia’s economy is supposed to grow at a stable pace in […]
Support programs from the National Recovery and Resilience Plan for measures C1.1.2 R2-I5 Commercialization of innovation and C1.1.2. R2-I3 Grants for start-ups have been published. More is available at the links: Program dodjele državnih potpora za mjeru C1.1.2. R2-I5 Komercijalizacija inovacija Program dodjele potpora male vrijednosti za mjeru C1.1.2. R2-I5 Komercijalizacija inovacija Program dodjele potpora male vrijednosti za mjeru C1.1.2. R2-I3 Bespovratne potpore za novoosnovana poduzeća
The Ministry of Economy and Sustainable Development will publish the first two calls for micro, small and medium-sized enterprises from the National Recovery and Resilience Plan by the end of this month. The purpose of this calls is to directly assist the transition of the Croatian economy towards a resource-efficient and sustainable economy, and the implementation of innovation, development and application of new (digital) technologies. These are two calls for […]
The Ministry of Regional Development and EU Funds of the Republic of Croatia has published on its website the Call for Grants “Preparation of project-technical documentation for projects in the field of digital transformation and green transition”. This call is published within the National Recovery and Resilience Plan 2021-2026. The aim of this Call for Grants is to prepare a stock of mature projects in the field of digital transformation […]
The Ministry of the Economy and Sustainable Development is the main coordinator of activities carried out within the Coordination Committee for Economic Adjustment and Consumer Protection in the process of replacing the Croatian kuna with the euro. The target date for the introduction of the euro as the official currency in the Republic of Croatia is 1st of January 2023. The Coordination Committee for Economic Adjustment and Consumer Protection has […]
The European Commission has approved under EU State aid rules Croatia’s map for granting regional aid from 1 January 2022 to 31 December 2027 within the framework of the revised Regional aid Guidelines (‘RAG’). The revised RAG, adopted by the Commission on 19 April 2021 and entering into force on 1 January 2022, enable Member States to support the least favoured European regions in catching up and to reduce disparities […]
On Friday, 12th of November, Fitch raised Croatia’s credit rating by one level, from ‘BBB-‘ to ‘BBB’, with a positive outlook, noting progress in preparations for Eurozone membership and a strong recovery of the Croatian economy from the pandemic crisis. More https://www.fitchratings.com/research/sovereigns/fitch-upgrades-croatia-to-bbb-outlook-positive-12-11-2021#
Through the National Recovery and Resilience Plan and its component Resilient, Green and Digital Economy investing in stimulating innovation and digitalization of the economy will be continued. The estimated value of investments from the National Recovery and Resilience Plan in the part related to innovation and development and application of new (digital) technologies is HRK 960,450,000. Investments in all phases of innovation development are envisaged, with Ministry’s investments being primarily […]
We invite all investors, entrepreneurs, companies, but also the rest of the interested public to visit the Croatian Pavilion located within the theme park “Mobility” at the World Exhibition EXPO 2020 Dubai and learn about our innovative projects, ideas, inventions and creative individuals. More information about the Croatian Pavilion is available at https://www.expo2020dubai.com/en/understanding-expo/participants/country-pavilions/croatia Additional information and contact information are available on the official website of the Croatian Pavilion: https://www.croatiaexpo2020.com/. More […]
Standard & Poor’s reaffirmed Croatia’s ‘BBB- / A-3’ rating on Friday, with a stable outlook, noting that the economic recovery thanks to tourism has created the conditions for reducing public debt this year from a record level in the 2020 pandemic. Croatia’s rating continues to be supported by moderate net external indebtedness and the government’s austerity budget policy in the previous period, the agency points out.
