EU RECOVERY AND RESILIENCE FUND FOR CROATIA’S TRANSITION

On 9 October 2020, EU ambassadors agreed the Council’s position on the Recovery and Resilience Facility (RRF), a new tool providing member states with financial support to step up public investments and reforms in the aftermath of the COVID-19 crisis. The €672.5 billion facility will help member states address the economic and social impact of the pandemic whilst ensuring that their economies undertake the green and digital transitions, becoming more sustainable and resilient. 

Prior to the COVID-19 crisis, Croatia had recorded steady economic growth of close to 3 percent. A severe economic recession triggered by covid-19 reversed the income gains, poverty reduction, and fiscal sustainability that Croatia achieved during the past five years. The crisis could nevertheless provide an opportunity for Croatia to revisit its growth model and focus on policies to increase resilience to exogenous shocks and raise growth potential.

• Will Croatia emerge stronger from the crisis?
• Green agenda: what is the plan?
• Digital transformation beyond the pandemic: what needs to be done?

The Economist Events and Hazlis & Rivas bring together once more high ranking officials from government, business, finance, NGOs and academia and invite you in an open virtual discussion on “EU RECOVERY AND RESILIENCE FUND FOR CROATIA’S TRANSITION: Growth strategy-Green Agenda-Digital transformation-Tourism“, on March 23rd 2021.