News Croatia Debt: Croatia's Split acquires sports hall in 60 mln euro debt-for-equity swap
Croatia's second largest city of Split acquired the Spaladium Arena sports hall in a 60 million euro ($70 million) debt-for-equity swap with local real estate renting company Sportski grad TPN, which is undergoing a bankruptcy procedure, the city authorities said.
News Croatia Debt: Croatia’s Credit Rating Upgraded to “A,” Signaling Confidence in Economy
Standard & Poor’s has upgraded Croatia’s credit rating from A- to A with a stable outlook, highlighting economic reforms, fiscal stability and projected GDP growth of 2.7 percent annually through 2029 ...
News Croatia Debt: Euro celebrates 20th birthday, as second most traded currency
The euro on January 1 marked 20 years since people began to use the single European currency, overcoming initial doubts, price concerns and a debt crisis to spread across the region.
News Croatia Debt: Emerging Market Bonds Fared Better Than Expected in 2021
W hile the MSCI Emerging Markets Index is down 5% in 2021, the bonds for EM have actually fared much better in the past year. "Emerging-market bonds were supposed to be dragged down this year as ...
News Croatia Debt: The cost of living with cancer - 'It ripped my life apart'
Surviving cancer is the new normal. But cancer patients face an increased cost of living, and the finance world hasn’t caught up with the prognosis ...