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Sound reasons not to invest in Croatia yet 
Croatia is widely heralded as a success story among transition countries in south eastern Europe. It certainly has the potential for being a successful and stabilizing force in the region. But it is arguably not one yet.  Even the most cursory look at objective data and reliable sources demonstrates where Croatia actually stands. 
The is the first contribution in a series of insightful op-ed pieces focusing on Croatia's economic outlook and investment climate.
By Joseph Molitorisz, Ph.D., Senior Fellow, Ethics and Culture, Adriatic Institute for Public Policy and Robert Moraal, Senior Fellow, Economics and Investments, Adriatic Institute for Public Policy

The Sunday Times Spotlights Croatia's Backsliding on the Economic and Justice Fronts:


Brussels to spend £16m on PR as junk-status Croatia joins EU

Bojan Pancevski, Brussels
Published: 16 December 2012

Excerpts from the British-based Sunday Times' print edition:

The European Commission is planning to spend £16m on a public relations campaign to promote European enlargement ahead of the entry next year of Croatia, a country with such serious economic problems that it could be forced to seek a bailout.

Croatia’s credit rating was downgraded to junk status last week after a deterioration in its economy attributed to a lack of reforms. This prompted fears that the Balkan country might require a bailout even before it joins the EU next July.

Youth unemployment is about 40% and foreign investment is deterred by rampant corruption, organised crime and weak rule of law.

Adriatic Institute's co-founder and chairman quoted:

“Instead of fixing Croatia’s glaring problems, Europe is spending taxpayers’ money on a whitewash," said Natasha Srdoc, of the Adriatic Institute for Public Policy think tank...

Full text:
Brussels to spend £16m on PR as junk-status Croatia joins EU