The EU economy has been growing for seven consecutive years now, a trend that is expected to continue in all member states in 2020 in spite of global uncertainty.
In its spring recommendations the European Commission warned that EU member states must implement EU regulations intelligently, and carefully guide investment so as to ensure conditions for the modernization of the economy.
Commenting on the EC’s spring recommendations Croatian Finance Minister Zdravko Marić noted that along with the recommendations on investment and regulations, there was also some very positive remarks with regard to Croatia’s performance.
"The most important message here is that Croatia is meeting all of its obligations in every segment of the Stability and Growth Pact, especially with regard to fiscal policy, as you well know we have had a budgetary surplus for two years running. And this entire time we have been in a primary surplus when you eliminate expenses and interest, and a result for the third year in a row our public debt has been declining," Minister Marić said.