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Tag Archives: Croatia

What to expect from the Croatian presidential election

Croatia will hold a presidential election on 22 December, with a second round of voting set for 5 January if no candidate wins a majority. Tena Prelec previews the contest and assesses what the result might mean for the country’s next parliamentary election, due to be held in 2020. In spite of 11 candidates gracing the stage of the one and only pre-election TV debate, Croatia’s presidential election projects to be a three-horse race between incumbent President Kolinda Grabar-Kitarović, former...

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With or without you: are central European countries ready for the euro?

The debate on euro adoption by central European EU countries has intensified in the last years. In this Policy Contribution the author does not review all the complex aspects of euro-area enlargement, but analyse a particularly important issue: the build-up of macroeconomic vulnerabilities and the subsequent adjustments. By: Zsolt Darvas Date: October 10, 2019 Topic: European Macroeconomics & Governance Southern European euro-area members suffered from unsustainable developments...

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Croatia’s path into the banking union

Croatia seems a suitable candidate for euro area accession: there is a tight peg to the euro, high public debt is coming down, and the banking sector is already dominated by euro area banks. But the Eurogroup has rightly targeted reforms of the state’s role in the economy as a precondition for participation in ERM II and the banking union. None of the announced reform plans are new or easily concluded within the timeframe that has now been agreed. By: Alexander Lehmann Date:...

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After the crisis: what new lessons for euro adoption?

Key learning for euro adoption lies within the experience of southern euro member states and the macroeconomic performance of euro ‘ins’ and ‘outs’ among newer member states. Zsolt Darvas discusses promising signs for eventual euro adoption in Croatia and the unsuitability of the Maastricht fiscal criteria for joining the euro. The focus for euro adoption should centre upon the prevention of any build-up of macroeconomic and financial vulnerabilities, like large foreign...

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Croatia’s local elections: Key takeaways and the duels to watch in the second round

Croatia held a first round of voting in local elections on 21 May, with the second round scheduled for 4 June. Tena Prelec assesses the results of the first round and previews some of the key mayoral races to watch as voters go back to the polls. The elections will be particularly noteworthy as they will give an indication of the trends ahead of expected early parliamentary elections later in the year. Aerial view of Pula, the largest city in the Istria region, where the regional party IDS...

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Mergers and splits: How party systems have changed in Central and Eastern Europe since 1990

Share this:The party systems of Central and Eastern Europe are generally viewed as being less stable than those in Western Europe, with a greater level of volatility in terms of the parties that compete in successive elections. But how has this picture changed since 1990? Using a new dataset covering 11 countries, Raimondas Ibenskas and Allan Sikk outline some of the key factors that have underpinned splits and mergers between different parties within the region. The establishment of...

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Croatian parliamentary elections 2016: voters reject the centre-left’s tilt to the right

Share this:Croatia held a parliamentary election on 11 September, its second election in the space of a year following the country’s previous election in November 2015. Tena Prelec and Stuart Brown write that the results were a blow for Croatia’s Social Democrats, who had hoped to win the largest share of support but ended up in second place behind the Croatian Democratic Union (HDZ). The elections have left a fragmented picture and may once again make it difficult for a stable governing...

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Croatia’s fallen Orešković government was a messy but healthy experiment in democracy

The Croatian government collapsed earlier this month, with new elections expected by September. As Višeslav Raos writes, the hung parliament that emerged from the last elections in November 2015 resulted in a decidedly unorthodox government coming to power, headed by an independent PM and two Vice-PMs from two different parties. He argues that this episode indicates that Croatia is no longer obsessed with stability, and can now allow itself the luxury of having a dynamic and therefore...

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Croatia’s blocking of Serbia’s EU integration: Another case of bilateral conditionality in the Balkans

Croatia, which joined the EU in July 2013, is currently blocking Serbia’s EU accession process by raising complaints over progress made in the two negotiation chapters linked to the rule of law. Marko Kmezić points out that Croatia is alone among EU member states in raising these issues, but suggests that Serbia should quickly address Croatia’s concerns so the accession process can continue.   The European Council has once again postponed the opening of negotiations with Serbia on two...

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Will the ICTY’s acquittal of Vojislav Šešelj heighten tensions in the Balkans?

After the Karadžić verdict, the International Criminal Tribunal for the Former Yugoslavia (ICTY) delivered another highly anticipated judgment on Thursday, 31 March: after a thirteen year trial, Serbian nationalist politician and self-proclaimed Chetnik leader Vojislav Šešelj was acquitted of all charges, including war crimes and crimes against humanity. Tena Prelec analyses the reactions to the trial and assesses what this may mean for relations in the region.    Shock and disbelief,...

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