Brussels, 12/12/2013 (Agence Europe) - The European Commission is recommending that Croatia should put an end to its excess public deficit by 2016 and announce measures by 30 April 2014 to deal with the problem.
Croatia's draft budget for 2014 was published earlier this month. It says that the public deficit will remain above 3% of GDP until 2016. According to the Commission's autumn economic forecasts, at current policy, the deficit will reach 5.4% in 2013 and 6.4% in 2014, while debt will...