A Look At The Strategic Investment Projects Act One Year After Implementation

Croatia's sixth consecutive year of recession

The European Commission's autumn forecasts¹, published on 4 November 2014, projects weak economic growth for the rest of 2014 within both the EU and the Euro zone. This applies in particular for Croatia, which ranked at the bottom end of the list and for which negative growth of 0.7% in 2014 and only marginally positive growth of 0.2% in 2015 is forecast. Real GDP growth in Croatia is expected to pick up only gradually, reaching around 1.1% in 2016 on the back of an expected rebound in investment.

Against this background, the Croatian Government has already for some time been looking for new and more active ways to attract new large-scale investments in the short term.