Croatia's Gross Foreign Debt up in April

Image by Shutterstock.com
Croatia's gross foreign debt rose by 9.3% on the year in April, reaching EUR 48.102 billion, central bank figures showed.
The gross foreign debt at the end of April was 6.4% higher on a monthly comparison basis, according to data.
A separate report by the central bank showed that foreign exchange (FX) reserves held by the bank totaled EUR 25.243 billion at the end of June, up from EUR 21.54 billion a year earlier.
On month, FX reserves rose 1.6% in June.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.