Goran Saravanja News
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Croatia’s economy grew more than estimated in the third quarter as exports increased and unseasonably fair weather extended the tourist season through September.
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The Croatian economy will probably contract 0.5 percent in 2012 on the weaker global outlook and the government’s fiscal tightening, UniCredit SpA said in a revision of a 1 percent growth forecast.
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The Positive Slovenia party of Ljubljana Mayor Zoran Jankovic, which won a surprise electoral victory, needs to persuade potential coalition partners the two- month-old party can tackle rising debts and a faltering economy.
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Slovenia’s economic growth slowed in the third quarter as export gains failed to offset a drop in investments, a survey of economists showed.
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Croatia should resist rushing to adopt the euro after it joins the European Union as a feud over bailouts dims the currency’s appeal, said the head of the party that leads opinion polls before the December elections.
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Croatia’s economy resumed its expansion in the second quarter as household consumption and exports increased.
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Slovenia’s economic growth slowed more than economists expected in the second quarter from a year earlier as industrial output lost pace and demand in Europe for its exports waned.
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Slovenian voters appeared to back a border treaty with Croatia that may improve relations between the former Yugoslav republics and help the European Union expand in the Balkans, preliminary referendum results showed.
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Serbia will probably cancel the sale of Telekom Srbija AD and turn to bond sales for its financing needs after a lone bid by Telekom Austria AG failed to match the government’s asking price.
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Slovenia’s annual economic growth slowed in the first quarter as a drop in the construction industry outweighed gains in exports and industrial output.
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