Croatia votes amid economic uncertainty

Betonov · 12-04-11, 06:31 AM

Croatia was hit hard because of the recession. Their economy is mostly based on tourism and when people can't afford vacationing their income collapses. Plus they are in debt because of huge and fast investements in their infrastructure to handle the horde's of tourists. Plus their EU membership drive.

Changing of their goverment won't bring them out of the recession. Only when other countries recover and tourists will start pouring back will Croatia recover.

12-04-11, 06:31 AM	#5
Betonov Navy Seal Join Date: May 2009 Location: Slovenia Posts: 8,647 Downloads: 26 Uploads: 0	Croatia was hit hard because of the recession. Their economy is mostly based on tourism and when people can't afford vacationing their income collapses. Plus they are in debt because of huge and fast investements in their infrastructure to handle the horde's of tourists. Plus their EU membership drive. Changing of their goverment won't bring them out of the recession. Only when other countries recover and tourists will start pouring back will Croatia recover.