UniCredit Group expects Croatia's GDP to drop 1.8% in 2012 and go up 0.5% in 2013, according to the Italian banking group's latest macroeconomic projections for Central and Eastern Europe.
The drop in the credit rating of Italian banks, including two that operate in Croatia, should not worry their depositors and they can be calm, Croatian Finance Minister Slavko Linic said in Brussels on Tuesday.
All countries in Central and Eastern Europe (CEE) are expected to record GDP growth this year, reads a report published on Tuesday by UniCredit, voicing certain concern about budget discipline in Croatia, Poland and Hungary.
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