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Croatian Economy Minister Darko Horvat said the country's government is likely to discuss the issue of Volkswagen entering Croatia with Chancellor Angela Merkel, MIA reported.
Although the production director of the concern, Andreas Tostmann, has recently said that the company it is not looking for alternative locations, according to Croatia, the government has prepared a proposal for the investment to be made in Croatia.
The government has considered all the requirements of the automotive giant's management and has proposed three potential locations for the new plant that meet the requirements - Varazdin, Ivanic-Grad and Dugo Selo.
"We are looking for ways for the government to step in to ensure that these three contracts are completed and goods are delivered, and then, after collecting payments, at least a portion of loans could be repaid," the minister said, adding that he had talked with several companies from Austria and Germany which might help.
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In a widely expected outcome, Croatia's ruling conservative party, the Croatian Democratic Union (HDZ), emerged victorious in the parliamentary elections
Speaking at a briefing following a meeting with Croatian Central Bank Governor Boris Vujcic, Bulgarian National Bank (BNB) Governor Dimitar Radev highlighted the significant costs associated with delaying entry into the eurozone
During his visit to Bulgaria, Croatian Central Bank Governor Boris Vujcic reassured that Croatia's transition to the euro did not result in a significant uptick in prices
In a significant diplomatic stride, Croatia has voiced unwavering support for Bulgaria's aspirations to join the Schengen area and the Eurozone during a high-profile visit by Bulgarian Deputy Prime Minister and Foreign Affairs Minister Mariya Gabriel
Croatia is actively exploring the possibility of reintroducing mandatory military service, signaling a potential shift in the country's security strategy
Bulgaria has experienced a remarkable surge in foreign direct investments, marking a 12-year high with an increase to BGN 7 billion between January and November 2023, a BGN 2 billion rise from the previous year
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
