Croatia Alliance Plans Energy, Tourism Investment to Create Jobs
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Croatia’s Alliance for Change, which leads in polls before Dec. 4 elections, wants to cut waste from the pension system and lure investments in energy, transport and tourism to create jobs, its top economist said.
Expanding the hydroelectricity and tourism industries, which account for more than a fifth of the Balkan country’s economy, and using European Union funds to build rail lines and roads would help quadruple growth to 2 percent next year, said Radimir Cacic, the head of the opposition Croatian People’s Party -- Liberal Democrats, in a Nov. 21 Zagreb interview. The October jobless rate, at 17.4 percent, is more than double compared with Germany and the Czech Republic.