A year after announcing its plan, the European Commission has promised to accelerate the implementation of the capital markets union project. It is more and more clear that it has no alternative and Brexit may only foster this process.
Two main objectives of the reform of Croatian tax system are increase of the sustainability of the public debt and promotion of the economic growth and employment.
The principles of the single market of the European Union include the free movement of goods, capital and people. But the biggest challenges are faced in the case of the freedom of cross-border provision of services.
Europe needs productivity growth, said Hans Peter Lankes, Managing Director for corporate strategy at the European Bank for Reconstruction and Development.
Since the beginning of the century, the Croatian state resembled musical introduction to the Muppet show. In the crucial moment, the leaders were repeating the same, old, good chorus “we are in favor of the European integration”.
Probably the most frequent question the EU pundits and journalists have asked recently is whether the EU will disintegrate. The answer is simple: It will not.
The current ‘polycrisis’ is a chance to overhaul the EU, said Guy Verhofstadt, but Euroscepticism widens in the Balkans due to the perceived absence of the European order in the region.
Croatian Prime Minister Andrej Plenković said in October there was no alternative to tax reform, but warned it was in the balance, Novi List wrote.
Trillion euros in corporate and household NPLs in Europe is too much for the banking sector to regain profitability and effectively power the economy.
Fitch has confirmed its long-term credit rating for Croatia in foreign and local currency at BB and the short-term credit rating at B, while maintaining a negative outlook for both.