Croatia Business Forecast Report Q2 2014 - New Market Report
We hold a below consensus view on Croatia's economic growth prospects in 2014, with a sluggish economic recovery set to be undermined by ongoing deleveraging in the consumer and government sectors. We forecast real GDP to expand by 0.4% in 2014, and caution that lack of progress rebalancing the economy means that risks to our outlook are weighted firmly to the downside.
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