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Introduction: The lands that today comprise Croatia were part of the Austro-Hungarian Empire until the close of World War I. In 1918, the Croats, Serbs, and Slovenes formed a kingdom known after 1929 as Yugoslavia. Following World War II, Yugoslavia became a federal independent Communist state under the strong hand of Marshal TITO. Although Croatia declared its independence from Yugoslavia in 1991, it took four years of sporadic, but often bitter, fighting before occupying Serb armies were mostly cleared from Croatian lands, along with a majority of Coratia's ethnic Serb population. Under UN supervision, the last Serb-held enclave in eastern Slavonia was...

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Economic Overview: Analysis on the economy, economic performance and outlook

The then-governing SDP Coalition introduced reforms in 2000 to rebuild the economy after the conflict. These reforms continued under the HDZ led government and accelerated following commencement of EU accession negotiations. A large part of the economy has been privatised and the small and medium-sized enterprise (SME) sector has significantly expanded. Of the forty-three banks in Croatia, the share of foreign ownership is greater than 90 per cent and includes two-thirds of banking assets. Military expenditure has been significantly reduced in line with commitments ...

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People and History: The Croats are believed to be a Slavic people who migrated from Ukraine and settled in present-day Croatia during the 6th century. After a period of self-rule and the establishment of an independent kingdom, Croatians agreed to the Pacta Conventa in 1091, submitting themselves to Hungarian authority. By the mid-1400s, concerns over Ottoman expansion led the Croatian Assembly to invite the ...

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International Relations: Croatia's Relations with Neighbours

Since Tuđman's death, subsequent governments have made considerable efforts to normalise Croatia's relations with her neighbours. Leading members of the Croatian Government have regularly stated that they will not use Croatia’s membership of the EU to block the accession of their neighbouring countries in the region. President Josipović also recently signed a non-interference pact with the Presidents of Serbia, Bosnia and Herzegovina and Montenegro. On 21 October 2011, the Croatian parliament adopted a Declaration on Promoting European Values in Southeast Europe stating a firm ...

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