Kosovo's annual inflation slows to 2.9% in Nov
Slovenia's Petrol board member resigns
Lidl Bulgaria invests 7.7 mln euro in new store in Plovdiv
Bosnia's City Mall opens retail park in Zvornik
Bosnia’s Pro Fin reopens subscription for new issue of 3-yr notes
Dec 11, 2007 13:29 EEST
December 11(SeeNews) - Croatia's central government ran a budget surplus of 2.860 billion kuna ($575.0 million/390.6 million euro) in the first eight months of this year, compared to a 7.0 million kuna deficit in the same period of 2006, Finance Ministry data showed on Tuesday. Details follow (in millions of kuna):
NOTE: Croatia's consolidated budget deficit was a preliminary 7.4 billion kuna in 2006, down from 9.3 billion kuna a year earlier. The consolidated budget deficit last year was estimated at 3.0% of the projected GDP, down from the 4.1% deficit in 2005.
Croatia has cut this year's general budget deficit target to 2.6% of GDP from a previous target of 2.8% to reflect the country's strong economic growth. The consolidated budget deficit is expected to fall to 2.3% of GDP next year, 1.4% in 2009 and 0.5% in 2010.
The Adriatic country hopes to join the EU by the end of the decade and aims to switch to the euro three years after entering the union.
(1 euro = 7.3213 Croatian kuna)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options