Croatian Deputy PM Expects Slight Economic Growth in Q1

Croatian Deputy PM Expects Slight Economic Growth in Q1
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Πεμ, 16 Απριλίου 2015 - 18:11
Croatian deputy prime minister Branko Grcic said on Wednesday he expects a slight economic growth in the first quarter of 2015.
Croatian deputy prime minister Branko Grcic said on Wednesday he expects a slight economic growth in the first quarter of 2015.

"We expect to see the first quarter of this year close with a small positive growth, which would in fact mean the official exit from the crisis after two consecutive positive quarters," the website of the Croatian government quoted Grcic as saying in parliament.

Croatia's gross domestic product (GDP) increased by a real 0.3% in the fourth quarter of 2014 compared to the same quarter of the previous year. For the full 2014, GDP fell by a real 0.4%, marking the Adriatic state's sixth recessionary year in a row.

In November, finance minister Boris Lalovac saidCroatia's economy was expected to swing to a growth of 0.5% in 2015.


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