Policy focus bring two pieces of good news for Croatia

Policy focus behind Croatia’s day of good news

The ECB's positive AQR for Croatian banks and Fitch reaffirming Croatia's investment grade rating with stable outlook underlines the importance of defining long term policy goals and implementing them.

Hope for a quick recovery, but don’t expect it

A V-shaped economic recovery is unlikely. Even if the coronavirus were to disappear, high indebtedness, unemployment, Sino-American tensions and falling global trade suggest a gradual and uneven recovery is more likely.