Fiscal consolidation policies have had had a disastrous effect on the Croatian economy

Croatia’s government, led by Zoran Milanović, is now into its last year in power before elections scheduled for the start of 2016. Will Bartlett writes on the government’s economic record. He argues that Milanović’s decision to continue with the previous government’s policy of fiscal consolidation has had dismal consequences for the country’s economy. The only hope is that if growth resumes in the EU it will pick up the Croatian economy along with it.