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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.

Joining the euro: the fear of inflation is overdone

Fear of inflation when joining the euro is an everpresent, yet overdone sentiment. Many other factors are in play in determining inflation outcomes but the advent of a new currency tends to mask them.