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Croatia more than 26 billion Euros in debt
Croatian Times
The Croatian government debt at the end of 2011 reached a massive 140.8 billion kuna (18 billion Euros), whilst loans for which the country were guarantors grew to 62.9 billion kuna (8.2 billion Euros), making the total debt more than 200 billion kuna (26 billion Euros), reports daily newspaper Novi list.
With regards to state guarantees, the most exposed are in the transport and shipbuilding sectors with 45 billion kuna (6.1 billion Euros) of guarantees relating to the transport sector and 9.78 billion kuna (1.2 billion Euros) in the shipbuilding industry. There is also a 900 billion kuna (10.2 billion Euros) credit in the tourism sector.
Of the total "net" government debt of 140, 8 billion kuna (18 billion Euros), 120.9 billion (16 billion Euros) of it is long-term debt, while 19.8 billion Euros (2.5 billion Euros) is short-term debt, and these are treasury bills maturing mostly in the period of one year.
Tag cloud billion tourism loans total kuna industry whilst maturing exposed government relating Euros debt guarantees grew credit Croatian reached shipbuilding treasury
Croatia to take part in building two pipelines
Representatives of the Governments of Croatia, Montenegro, Albania, and Bosnia and Herzegovina signed a memorandum highlighting their intention to construct two new pipelines - the Trans-Adriatic (Trans Adriatic Pipeline, TAP) and the Ionian-Adriatic (Ionian Adriatic Pipeline, IAP), the news agency RIA Novosti reports.
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Hajduk needed to open their stadium in the middle of the night to let fans celebrate the cup
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