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Retailer's Refinancing Caps Revival Under Croatian Tycoon
Retailer's Refinancing Caps Revival Under Croatian Tycoon

Bloomberg

time20-06-2025

  • Business
  • Bloomberg

Retailer's Refinancing Caps Revival Under Croatian Tycoon

Hi, this is Jasmina Kuzmanovic in Zagreb. Welcome to our weekly newsletter on what's shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here. When the biggest food producer and retailer in the Balkans unraveled in 2017, the Croatian government had to step in to salvage the company from near-bankruptcy and oust the man who owned it. In doing so, it helped save the biggest employer in Croatia and the surrounding region, not to mention a network of suppliers.

ECB Officials Ready to Keeping Working With Convicted Colleague
ECB Officials Ready to Keeping Working With Convicted Colleague

Bloomberg

time31-05-2025

  • Business
  • Bloomberg

ECB Officials Ready to Keeping Working With Convicted Colleague

By , Jan Bratanic, and Jasmina Kuzmanovic Save European Central Bank policymakers are prepared to keep working with their colleague Peter Kazimir despite his conviction for bribery this week, according to people familiar with their thinking. While officials consider the guilty verdict unpleasant and are mindful of the reputational damage it could bring for the ECB, they want to see the outcome of his appeal against the Slovak court ruling, said the people, who asked not to be identified reflecting on confidential debates.

EU Should Use Frozen Russian Assets to Boost Defense, Spain Says
EU Should Use Frozen Russian Assets to Boost Defense, Spain Says

Bloomberg

time12-04-2025

  • Business
  • Bloomberg

EU Should Use Frozen Russian Assets to Boost Defense, Spain Says

By , Agnieszka Barteczko, Jasmina Kuzmanovic, and Kamil Kowalcze Save Spain proposed setting up a new defense fund to provide non-refundable grants to beef up Europe's defense lines and provide support for Ukraine using Russia's immobilized central bank assets. Economy Minister Carlos Cuerpo urged his European Union counterparts Saturday to create such a temporary instrument to finance large-scale European-wide projects.

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