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# CORONA CRISIS

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Record fall of GDP in 2020
28.8.2020.

Record fall of GDP in 2020

DUE TO THE consequences of the coronacrisis Croatia's GDP contracted by a record 15.1% in the second quarter of 2020.
We have a difficult year ahead of us. GDP and wages will decline
29.7.2020.

We have a difficult year ahead of us. GDP and wages will decline

THE CNB warns that the coronavirus will affect the Croatian economy more than the initial stage of the last recession, but they also expect a faster recovery.
The Croatian coast is still the safest in the Mediterranean
28.7.2020.

The Croatian coast is still the safest in the Mediterranean

THE CROATIAN Tourism Association pointed out on Monday that the latest data on the number of newly infected individuals and total active cases show that the Croatian coast is still the safest destination for tourists from the European Union.
Austria is sabotaging the tourist season in Croatia. Why?
6.6.2020.

Austria is sabotaging the tourist season in Croatia. Why?

IT SHOULD be noted that tourism-related revenue accounts for 15 percent of the Austrian GDP.
Croatia faces a massive increase in its external debt: What do the economists say?
27.5.2020.

Croatia faces a massive increase in its external debt: What do the economists say?

CROATIA will be facing a large increase in external debt this year. Both the state and Croatian companies will end up borrowing money.
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