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INDEPENDENT OPINIONS
Other reviews:"Montenegro is the new magnet for people seeking picturesque villas on the Mediterranean."
(Source: Forbes)
- "Rough diamond"
The Guardian,
"Understudy to the Riviera"
Los Angeles Times,
White-out on black mountain"
Sydney Morning Herald,
"Still beautiful, no longer damned"
Travel Telegraph,
Where to Go Next: Montenegro
Travel + Leisure,
Quiet on the Adriatic front
Travel Telegraph,
Coming Soon : The Next Small Thing?
Washington Post,
"Independence and Tourism in Montenegro"
Yahoo.com/Associated Press
Paradise, Sort Of
Forbes
INFO & CONTACT
CROATIA - ECONOMY
Croatia
has an economy based mostly on various services and some, mostly light,
industry. Tourism is a notable source of income during the summer. The
estimated Gross Domestic Product per capita in purchasing power parity
terms for 2005 was USD 12,158 or 45.2% of the EU average for the same
year.
The Croatian economy is post-communist. In the late 1980s, at
the beginning of the process of economic transition, its position was
favourable, but it was gravely impacted by de-industrialization and war
damages as well as having problems from losing the markets of
Yugoslavia and the SEV.
Main economic problems include high unemployment (15.7% in 2006) and an
insufficient amount of economic reforms. Of particular concern is the
heavily backlogged judiciary system, combined with inefficient public
administration, especially involving land ownership.
The country has since experienced faster economic growth and has been
preparing for membership in the European Union, its most important
trading partner.
In February 2005, the Stabilization and Association Agreement with the
EU officially came into force and Croatia is currently advancing
further towards full EU membership. The country expects some major
economic impulses and high growth rates in the following next years
(currently Croatia suffers from high export deficit and considerable
debt). Croatia is expecting a boom in investments, especially
greenfield investments.
From Wikipedia, the free encyclopedia
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