FORECASTS

Economic recovery in 2011; dependent on Zagreb

12.8.2010 12:15:35

ZAGREB - Budget gap to be cushioned by borrowing, asset sales or cut in spending.

STATISTICS

Public debt eats away 52.5% of GDP

ZAGREB - Year on year, Croatia’s public debt went up 13.5% or HRK 14.3 billion.

STATISTICS

Banks' profit down 20% in 1H 2010

ZAGREB - The seven smaller banks had combined loss of HRK 85.1mn.

STATISTICS

Retail trade increases in June

ZAGREB - The retail trade in Croatia was up 5.1% m/m in real terms in June.

'FINANCIAL STABILITY'

HNB: Croatia's GDP to drop 1.6% this year

ZAGREB - Development should be based on export instead of domestic demand.

PUBLIC FINANCES

Tax on banks a way to cut budget deficit?

ZAGREB - Many fear this would result in higher interest rates and restricted crediting.

ANNUAL RESULTS

SMEs in Zagreb earn over a half of total revenue

ZAGREB - The City of Zagreb was the leader by entrepreneurial investments.

Households saved up BAM 6.1bn in H1 2010

SARAJEVO - The increase indicates citizens trust the banking system and deposit insurance concept. 8/12/2010 11:50:10 AM

ZSE: Crobex turns 'red'; turnover meager

ZAGREB - Surprisingly, Jamnica surged 8.6% to HRK 38,000, record-high since end-May. 8/12/2010 12:50:52 PM

ZSE: Atlantska plovidba worst-off

ZAGREB - Crobex declined 0.83% to 1,879.34 points, with turnover worth HRK 12.8mn. 8/12/2010 10:29:58 AM

Serbia's budget revised in two months

PRANJANI - Talks on the fifth revision of the IMF arrangement will begin on 23 August. 8/11/2010 12:18:06 PM

Sever: Food, energy price hikes must be prevented

ZAGREB - These would devastate the already poor living standards of Croatian families. 8/11/2010 12:33:38 PM

ZSE: Is Croatia Osiguranje winner or loser?

ZAGREB - Crobex advanced 0.48%, with turnover at 2-week high of HRK 22mn. 8/11/2010 10:33:00 AM

Babić: Recession, crisis to end in 2012 in Croatia

ZAGREB - Ecomonic analyst forecasts recovery on labour market in autumn 2011. 8/10/2010 2:28:27 PM

Analysts see Croatia's GDP recover in Q3

ZAGREB - The economic growth will be less prominent than that registered prior to the crisis. 8/10/2010 10:57:24 AM

Employment continues upwards trend in July

ZAGREB - 282,792 persons were registered as unemployed, down 1.1% m/m. 8/10/2010 11:42:42 AM

In June, money supply at record-high since 12/08

ZAGREB - This is the fifth consecutive increase in money supply at annual level of 4.2%. 8/10/2010 12:07:40 PM

Shippers aid Crobex uphill; Atlantska nears HRK 900

ZAGREB - Crobex closed up 0.12%, with turnover worth over HRK 9.6mn. 8/10/2010 10:30:43 AM

Tourist figures decline in Serbia

BELGRADE - The largest number of tourists visited Belgrade, more than 256,000. 8/10/2010 2:16:39 PM

Commercial banks’ deposits hike further

ZAGREB - Year on year, total deposits hiked for nine consecutive months, with acceleration in June. 8/9/2010 10:28:08 AM

Serbia's GDP up 1.6% in 1H 2010

BELGRADE - Statistical indicators show that Serbian economy is on a path of recovery. 8/9/2010 2:21:24 PM

Dioki’s loss reaches HRK 593m

ZAGREB - An increase in the price of natural gas has been given as the main reason for such loss. 8/9/2010 11:22:34 AM

EIB approves 32 infrastructure projects

BELGRADE - EUR 150mn will be invested in Serbia over the next two years. 8/9/2010 11:02:58 AM

EC says Croatia, Serbia must revise budget

BRUSSELS - "Signs of economic recovery in the Western Balkans are 'scarce'". 8/6/2010 12:05:41 PM

Croatia celebrates end of 1991-1995 war

ZAGREB - "Recognition ought to be given to all those who planned and participated in Operation Storm". 8/6/2010 12:20:04 PM

Rohatinski leaves in 2012, succeeded by vice governor?

ZAGREB - "I will work till the end of my second mandate and the rest is to be seen". 8/6/2010 11:10:29 AM

Croatia's SMEs profit just HRK 4.4bn in 2009

ZAGREB - The report included 91,320 SMEs with 889,400 workers. 8/3/2010 1:31:03 PM

Adris Grupa excels; constructors lessen midday losses

ZAGREB - Crobex closed down 0.1% in turnover of HRK 9.2mn. 8/6/2010 10:29:54 AM

Overnights down 3.5% in H1 2010, 6.2% in June

ZAGREB - Recovery is expected in the upcoming months. 8/4/2010 11:27:14 AM

Croatia's foreign trade deficit shrinks 23.6%

ZAGREB - Croatia’s export was up 12% and import was down 6.2%. 8/3/2010 11:54:53 AM

FDIs down 41% in Bosnia

SARAJEVO - Export increased 28% and import remained flat, the WB reports. 8/4/2010 12:35:37 PM

ZSE: Constructors excel on a slow day!

ZAGREB - Crobex closed at 0.36% higher 1,876.57 points in turnover of HRK 15.2mn. 8/4/2010 10:33:00 AM

July inspires optimism on Zagreb Stock Exchange

ZAGREB - Total turnover was 20% above that realized in July 2009. 8/3/2010 11:07:32 AM

Minister, IMF add odds over wages

BELGRADE - Economy Minister says public sector wages, pensions will be unfreozen soon. 8/4/2010 12:24:16 PM

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