News

June 1, 2022

EC: Croatia Ready to Adopt the Euro

On 1st of June 2022, the European Commission assessed in its 2022 Convergence Report that Croatia fulfils all the criteria for joining the euro area and proposed to the Council that Croatia adopt the euro on 1st of January 2023. The Council will make the final decision on the adoption of the euro in Croatia in the first half of July this year, following the necessary procedures and discussions in […]

Poticaji za ulaganje
May 9, 2022

Fitch Affirms Croatia at ‘BBB’; Outlook Positive

On Friday, May the 6th 2022, Fitch Ratings has affirmed Croatia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ with a Positive Outlook. According to Fitch, Croatia’s ratings are supported by strong structural features, including higher human development and governance indicators than peers, anchored by membership of the EU, and GDP per capita that is around 40% higher than the ‘BBB’ median, while the Positive Outlook reflects their expectation that […]

April 1, 2022

Open calls for project proposals for commercialization of innovations and start-ups

The Ministry of Economy and Sustainable Development through the National Recovery and Resilience Program 2021-2026 today, April 1, 2022, announced two calls for project proposals: 1) “Commercialization of innovations” 2) “Grants for start-ups” The aim of the call “Commercialization of innovations” is to encourage investments necessary for the commercialization of innovation and research and development results. Innovative projects with the highest probability of commercial success will be encouraged, which will […]

March 18, 2022

Standard & Poor’s affirmed Croatia’s credit rating at ‘BBB-/A-3’ with a stable outlook

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 […]

March 18, 2022

Support Schemes from NRRP for start-ups and Commercialisation of Innovation have been published

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

March 14, 2022

Announcement of calls for entrepreneurs from the National Recovery and Resilience Plan (MINGOR)

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 […]

January 25, 2022

The Call for Grants (The Ministry of Regional Development and EU Funds)

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 […]

January 17, 2022

Guidelines for the adjustment of the economy in the process of replacing the Croatian kuna with the euro have been published

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 […]

November 25, 2021

State aid: Commission approves 2022-2027 regional aid map for Croatia

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 […]

November 15, 2021

Fitch Upgrades Croatia to ‘BBB’

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#