EU lawmaker: EU budget hit by drop in British pound after Brexit vote

The fall in the value of the pound since Britain's June vote to leave the European Union has led to a notable shortfall in London's contributions to the bloc's 2016 budget, the European Parliament...

EU misspent 5.5 billion euros last year, auditors find

The European Union spent about 5.5 billion euros (6.1 billion dollars) of its 2015 budget in error, the bloc's auditing body announced Thursday, while warning of a loss in citizens' trust.

FinMin: Budget gap to be cut to close to 2% of GDP in 2017

Finance Minister Zdravko Maric said on Wednesday he was confident that the budget deficit would be reduced to more than the planned 2.6% of GDP by the end of this year and that the plan was to...

FinMin: Budget almost balanced, expenditures under control

At its first session after Sunday's snap parliamentary election, the caretaker government on Wednesday adopted a report on budget execution in the first half of the year. Finance Minister Zdravko...

Budget gap reduced by 5.1 bn kuna in H1

In the first six months of 2016, Croatia's budget deficit came to HRK 2.4 billion, making up 0.7 % of GDP, and falling by 5.1 billion kuna compared to H1 2015, Finance Minister Zdravko Maric said...

FinMin says budgetary deficit in H1 2016 down HRK 5.1 bln

The budgetary deficit in the first six months of 2016 amounted to HRK 2.4 billion or 0.7% pg GDP, which is HRK 5.1 billion less than in the same period the year before, caretaker Finance Minister...

IJF says transparency of local budgets insufficient, but improving

The budgetary transparency of local government and self-government units is unsatisfactory, but is improving, especially in smaller units with lower budgetary revenues, according to a survey ...

FinMin says Eurobond issue delay won't bring budget into question

Finance Minister Zdravko Maric said on Thursday that the postponed Eurobond issue would not bring into question anything regarding the budget.

Budget revenue +3.7%, expenditure -6.5% in Q1

In the first three months of this year HRK 29.14 billion poured into the state budget, which is an increase of 3.7% on the year while expenditure amounted to HRK 31.05 billion, an annual drop of 6...

Govt. to discuss 2015 budget execution, fiscal rule application

The government will discuss on Wednesday a report on the execution of the 2015 state budget and a report on the application of fiscal rules in 2015 which says that Croatia met the fiscal rule.

Central bank pays HRK 483 mln into state budget

"In 2015, the central bank's net profit amounted to HRK 2.03 billion. In line with legal regulations, HRK 483 million will go to the state budget and the rest ... will go to the bank's reserves."...

Gov't okays car lease buyout and purchase of new vehicles for Interior Ministry

The purchase of new vehicles will cost a little more than HRK 21.5 million, with taxes. Of that amount, 17.25 million has been secured from the Schengen Programme and HRK 4.3 million will be...

Analyst pleasantly surprised by budget deficit level

The chief economist at Societe Generale Splitska Banka, Zdeslav Santic, on Thursday welcomed the latest statistics on Croatia's budget deficit and public debt as "a pleasant surprise".

Parliament adopts 2016 state budget

Parliament on Monday adopted the 2016 state budget with the expenditure side being set at HRK 122.4 billion, HRK 3.8 billion more than last year.

Gov't reallocates part of budget funds for political parties to science foundation

The government made the decision to partially adopt the amendment at a video-conference session.