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Croatia: New anti-government protests announced for Friday

29. April 2011. | 05:50 05:52

Source: Croatian Times

Several different groups have announced new anti-government protests for this Friday at 12pm under the joint slogan "With joint forces, old and young."

Several different groups have announced new anti-government protests for this Friday at 12pm under the joint slogan "With joint forces, old and young."

Associations of Croatian farmers, pensioners and organisers of the so-called "Facebook" protests are planning a joint protest to take place at Zagreb's central Trg Bana Jelacica square and which would call for changes to the government.

One of the organisers said that people have no choice but to protest as 99 per cent of them live on the edge of existence, the daily Vecernji List writes.
Experts see slight labour market recovery for next year
Croatian Times

Croatia must have a two per cent GDP growth just to put a stop to the increase in unemployment, experts at the recent Croatian Employment Services (HZZ) roundtable discussion agreed.

This growth is expected for next year, affecting the labour market sometime in the second half of 2012.

"We are talking just about the stopping of negative trends. For a stronger drop in unemployment we need a growth of between three to four per cent, which we expect in 2013," said Zdeslav Santic, the chief economist at Split Bank.

Analyst Zrinka Zivkovic Matijevic believes that the average registered unemployment rate this year will be 18.5 per cent, dropping to 17.5 the next.

HZZ analyst Darko Oracic warned that the recovery of the economy depends on the influx of foreign capital, which decreased drastically in the last year. Creditors and investors skipped Croatia in part frightened off by the Greek debt crisis.

Croatia lost more than 120,000 work places in the last two years, while the unemployment rate will see a growth of three per cent. Oracic also foresees a labour market recovery for next year.

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