Weekly Export Risk Outlook, September 24

09.25.2014 ZF English

Croatian economy is mired in recession, as the second quarter market the 11th consecutive quarter of GDP contraction, Euler Hermes noted in its Weekly Export Risk Outlook report.

The domestic demand in Croatia continues to be weak, but exports are going strong, Euler Hermes analysts noted. The Croatian economy is now n the path for the sixth year of contraction.

The largest economies in the European Union are also showing poor results, the report also shows. "The euro-zone GDP growth will remain weak in Q3 (at best 0.2% q/q after 0% in Q2).

Download the full report for other information about the world economy.