Croatia's housing market experienced a significant surge in the second quarter of 2025, with residential property prices rising by 13.2% year-on-year. Data from the Croatian Bureau of Statistics indicates existing housing stock saw even sharper growth. This upward trend is fueled by robust tourism, substantial foreign investment, and the country's economic stability.
A Croatian mountaineer has died and two others are missing after an avalanche struck a group on Tosc Mountain in Slovenia's Julian Alps on Sunday, October 5, 2025. Rescue efforts are challenged by severe weather conditions, leading to the suspension of the search until Monday.
Croatia's government, led by Finance Minister Marko Primorac, has revised its 2025 budget plan, increasing the deficit target to 2.9% of GDP from the previously planned 2.4%. The adjustment, announced on October 3, 2025, aims to bolster social spending, particularly for pensions and public sector salaries.
Croatia's annual inflation rate reached 4.2% in September 2025, according to a flash estimate from the Croatian Bureau of Statistics. This places Croatia among the Eurozone countries with the highest price growth, with its harmonised inflation rate (HICP) of 4.6% making it the second highest, alongside Slovakia.
Croatia's state-owned railway company HZ Putnicki Prijevoz has launched its first battery-powered train, manufactured by Končar, for non-electrified routes. The €17.1 million project, largely EU-funded, aims to modernize the fleet and reduce emissions, initially serving the Virovitica-Bjelovar-Virovitica line before expanding to Split.
Croatian Prime Minister Andrej Plenković has strongly refuted accusations from Hungarian Foreign Minister Péter Szijjártó that Croatia is profiting from the war. Plenković countered that Hungary, by continuing to receive cheaper Russian oil and gas, is the true beneficiary, while Croatia acts as a reliable energy hub for the EU.
Croatian authorities have initiated a mass culling of nearly 12,000 pigs in the eastern Baranja region following a significant outbreak of African swine fever (ASF). This latest measure brings the total number of pigs lost to ASF in Croatia since 2023 to over 50,000, severely impacting the nation's pig farming industry.
Croatia is actively exploring the construction of at least three small modular reactor (SMR) nuclear power plants to bolster its energy security and align with evolving European energy policies. This strategic move aims to reduce reliance on fossil fuels and meet increasing electricity demands, with SMRs offering a compact, safer, and cost-effective solution for future energy needs.
The second annual Croatian International Film Festival (CIFF) successfully concluded in Šibenik, Croatia, from August 8-11, 2025. The event showcased over 40 international films, featured industry panels, and brought together filmmakers and talent from around the world, reinforcing Šibenik's role in the global film landscape.
Croatia's Ministry of Finance has initiated a public consultation on a draft law to establish a comprehensive foreign direct investment (FDI) screening mechanism. The proposed legislation aims to align national regulations with EU and OECD standards, introducing systematic checks on investments of 10% or more in critical sectors. The consultation period concludes on October 3, with the law expected to take effect by the end of October.
