According to Eurostat, amongst EU countries Croatia has one of the biggest annual decreases in the share of public debt relative to GDP. The figures from the first quarter this year show that the government’s public debt stood at HRK 281.3bn, representing 76% of GDP. Compared to the same period last year, debt was reduced by 6.4%. The most indebted countries are Greece, Italy and Portugal.
Slovenian President Borut Pahor will today formally inform the National Assembly that he will not nominate a Prime Minister since none of the candidates have sufficient majority support. The National Assembly will take formal note of Pahor’s decision on Friday when a second round of nomination procedure will begin.