Prefect says concrete steps, programmes have boosted Istria's economy

Istria County prefect Valter Flego said in Pula on Monday that a strong Istrian economy had been one of his priorities from the start of his term in office and that, in line with that, concrete steps were taken over the past three years to boost the economy, resulting in higher exports, investments and profits as well as more tourist nights and businesses and a decrease in unemployment.

Economically, Istria is Croatia's most developed region, with a 23% higher per capita GDP than the national average, Flego said, adding that Istria was also a record holder in the number of SMEs and that Istrian entrepreneurs recorded the highest profit growth in Croatia in 2015.

"All that proves that Istria is a strong and certainly the most developed and most promising region in Croatia, which is indubitably due to the measures and programmes Istria County is implementing," Flego said, adding that one of the measures is a new credit line offering Istria entrepreneurs the lowest interest on the market (2.4-2.85%).

Last year's lending to businesses resulted in 24 loans totalling HRK 14.3 million, which was used in just six months, so Istria County decided to double lending to HRK 30 million, of which HRK 21 million has already been lent to 25 businesses.

(EUR 1 = HRK 7.48)

Last update: Mon, 29/08/2016 - 15:26

More from Croatia

Slovenian PM announces stricter controls of border with Croatia in case of migrant wave

Slovenian Prime Minister Miro Cerar on Monday announced a stricter control of the border with Croatia in case of...

Croatian president addresses students in Azerbaijan

The future of the European Union and the challenges it faces, NATO enlargement and the refugee crisis were topics...

Croatian average take-home pay in August HRK 5,673

The average net salary in Croatian corporate entities for August was HRK 5,673, which is 1.4% more (HRK 79) in...

Croatian-Norwegian media development project launched

The Media Development Centre, a joint project of the Croatian Journalists' Association (HND) and the Norwegian...

Presidents advocate enhancement of Azerbaijan-Croatia ties

Croatia and Azerbaijan are friendly countries and strategic partners that have developed good relations free of...