Greeks are preparing a new emission of their bonds. Although only three years but they should bring 2.5-3 billion euro to the country.
Sometimes, we see Croatia only as a big beach resort. But the newest EU member is concerned about non-vacation topics like the economic crisis as well. The country’s economy hasn’t grown since 2008, the unemployment rate is approaching 20% and the debt is rising sharply.
A recession which has never gone, is coming back to the EU. The European Court of Auditors is warning again about inefficiencies. Italians stash a billion. Central banks do not believe one another.