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Croatia among 21 states facing default according to Business Insider

26. May 2011. | 06:21

Source: Croatian Times

Croatia belongs to a group of 21 countries most likely to default, the American business portal Business Insider writes.

Croatia belongs to a group of 21 countries most likely to default, the American business portal Business Insider writes.

The portal’s estimates are based on spending over the last five year.

Croatia found itself in the company of 21 states that include Russia, Italy, Belgium, Israel and Poland.

According to Business Insider, Greece is in most danger, followed by Venezuela, Portugal and Ireland.

Croatia is little better off than Spain, but is behind Hungary, Romania and Bulgaria

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