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With Croatia due to join the EU & EURO will this help the debt problems?


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They have agreed to all but one of the points negotiated with the troika of IMF and EU negotiators for the much-needed one hundred and thirty billion euro bailout loan.

 

There are no details about what the sticking point is at the end of their seven-hour meeting.

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And which direction would that be? Which bloc would you join?

 

Unfortunately (for the Croats) they're between a rock and a hard place. If they want to develop their economy, they need trading partners (partners who will not erect barriers against them) and they need the 'clout' of a large trading bloc.

 

They've got Hobson's choice.

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