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Country data

Population:
4.4 million
Area:
87,700 sq km
Capital:
Zagreb
Currency:
Kuna

Key developments and challenges

Croatia’s progress towards EU accession has advanced significantly in the past year and was given a further boost by the positive outcome of the Slovenian referendum on the arbitration agreement regarding the unsolved border settlement. It is crucial that momentum is maintained towards completion of negotiations of the acquis communautaire in the coming months.

Many large commercial companies continue to be supported by the state, notably in the shipyard industry where attempts to sell off assets have failed. A renewed effort is needed to address these problems effectively.

The economy has contracted for the past two years and remains vulnerable to weakness in the global economy. The government’s commitment to fiscal stability is commendable but few steps have been taken to reduce expenditure, and implementation of the government’s ambitious reform programme is crucial for achieving sustainable growth in the medium term.

More developments and challenges
Tram in Zagreb, Croatia

Our work in Croatia

In Croatia our support ranges from the financial sector to infrastructure and the regional expansion of local companies

Croatia

Key facts about the EBRD's work in Croatia

No. of projects

135

Net business volume

€2.5 billion

Total project value

€6.6 billion

Gross disbursements

€2.2 billion

Portfolio in private sector

67%

 

View factsheet


Our strategy in Croatia

The Bank will place the highest priority on regional support for Croatian corporates, commercial finance of national and municipal infrastructure, SME finance and tourism.

Read strategy

CONTACTS

Miramarska 23
3rd Floor
10000 Zagreb
Croatia
Tel: +385 1 6000 310
Fax: +385 1 6197 218