Bloomberg News

Croatian Economy ‘Likely’ to Enter Recession, World Bank Says

December 13, 2011

Dec. 13 (Bloomberg) -- Croatia’s economy is “likely” to enter a recession in 2012 after growing 0.5 percent this year, World Bank Senior Economist Madzarevic Sujster said.

The World Bank’s estimate for 2011 matches a forecast by Croatia’s central bank. Sujster was speaking in the capital Zagreb today to reporters.

To contact the reporter on this story: Jasmina Kuzmanovic in Zagreb at jkuzmanovic@bloomberg.net

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus