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Feb 27, 2015

School maths answers only a scan away with Croatian app

ZAGREB, Feb 27 (Reuters) – Damir Sabol, Croatian computer
expert and entrepreneur, was helping his son with his maths
homework when he had an idea.

“I found it a bit tedious, all those additions and
multiplications, so I reckoned, ‘We already have intelligent
software, why not make it deal with maths?’” Sabol said.

Jan 27, 2015

Croatia mulls long-term lease deal for Swiss franc home loans

ZAGREB, Jan 27 (Reuters) – Croatia is considering turning
Swiss franc-denominated home loans into long-term lease
agreements to help thousands of families hit by the surge in the
value of the Swiss currency, Finance Minister Boris Lalovac said
on Tuesday.

About 60,000 Croatians hold loans in Swiss francs, mostly
for housing. Croatia’s stock of Swiss franc loans stands at
about 27 billion kuna ($4 billion) or a little under 8 percent
of gross domestic product (GDP).

Jan 23, 2015

Swiss stability proves bad bet for some European homeowners

ZAGREB, Jan 23 (Reuters) – Damir Hajduk likens paying off
his mortgage to the tale of Sisyphus in Greek mythology,
condemned forever to push a boulder uphill, only for it to roll
back down again and again.

“You keep paying and the debt never goes down,” said the
47-year-old Croatian father of three. “After ten years of
monthly payments, if we calculate in the (local currency) kuna,
today I owe more than the principal I originally took.”

Dec 29, 2014

No outright winner in Croatia’s presidential vote, run-off on Jan. 11

ZAGREB (Reuters) – Ivo Josipovic faces a tight run-off next month to try to win a second five-year term as Croatia’s president after failing to secure a majority from voters frustrated by the country’s economic malaise.

With 98 percent of Sunday’s ballot papers counted in the European Union’s newest member, Josipovic was on top with 38.5 percent, followed closely by Kolinda Grabar-Kitarovic from the HDZ, the main conservative opposition, on 37 percent.

Dec 28, 2014

Croats vote for new president as economy struggles

ZAGREB (Reuters) – Croats were voting for a new head of state on Sunday but none of the four candidates for the largely ceremonial post in the European Union’s newest member seemed likely to win outright.

Incumbent Ivo Josipovic, supported by the ruling Social Democrats (SDP), is seen as a front runner even though the government’s failure to halt economic decline has greatly eroded the SDP’s popularity ahead of a general election in late 2015.

Nov 6, 2014

Book Talk: Slovenia’s Feri Lainscek on Facebook writing

MURSKA SOBOTA, Slovenia, Nov 6 (Reuters) – Slovenia’s
best-selling author Feri Lainscek published most of his 21st
novel, “Fear for Butterflies in the Storm”, in instalments on
Facebook over several months this year.

It was an attempt to interact with his readers and share
what he had written almost in real time, but the final chapters
will only be published when the book comes out this month.

Nov 3, 2014

Latecomer Croatia finds no easy access to EU prosperity

ZAGREB, Nov 3 (Reuters) – At midday, the main food market in
Croatia’s picturesque capital is a feast of colour, sounds and
smells.

By mid-afternoon, when vendors pack up their stalls, the
European Union’s newest member shows its flip side; the poor
move in to collect fruit and vegetables discarded on the
concrete floor.

Nov 1, 2014

Washington tries to check Hungary’s drift into Kremlin orbit

ZAGREB/BUDAPEST, Oct 31 (Reuters) – The United States is
mounting a diplomatic offensive to stop Hungary selling a stake
in a Croatian energy firm to Russia, part of what Western powers
see as Budapest’s dangerous drift into Moscow’s orbit.

The U.S. government has already taken the highly unusual
step of blacklisting six people with ties to the government in
Hungary, a NATO ally and European Union member, from entering
the United States, accusing them of involvement in corruption.

Oct 21, 2014

US offers mediators for INA-MOL energy row

ZAGREB, Oct 21 (Reuters) – Washington has offered to help
resolve a long running dispute between Croatia and Hungary’s MOL
over their jointly-owned oil firm INA by
proposing international mediators to steer the talks on INA’s
future.

“We have given to the Croatian government and to MOL a list
of four names of people of various nationalities, who are
experts at mediation … in the hope that having a mediator at
discussions will help the discussions move forward,” U.S.
Ambassador to Croatia, Kenneth Merten, told Reuters this week.

Oct 1, 2014

Slovenian PM backs Telekom sale; privatisation a matter of “credibility”

LJUBLJANA, Oct 1 (Reuters) – Slovenia’s new government will
proceed in the coming days with the sale of the country’s main
telecom firm Telekom Slovenia, Prime Minister Miro
Cerar told Reuters on Wednesday, in comments likely to calm
market concern over backsliding.

Speaking at the Reuters Eastern Europe Investment Summit,
Cerar said his government would press ahead with the sale of 15
firms slated for privatisation by his predecessor as part of a
package of crisis measures to stabilise Slovenia’s finances
after narrowly avoiding a bailout last year.

    • About Zoran

      "Based in Zagreb, Croatia, I oversee the political and financial coverage of Croatia and Slovenia and help coordinate regional efforts in the Western Balkans, comprising Albania, Bosnia, Macedonia, Montenegro, Kosovo and Serbia. Have been with Reuters since 1993."
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