Sunday, 18 August 2019
Mark Thomas

Mark Thomas

Mark Thomas - The editor and big chief of The Dubrovnik Times. Born in the UK he has been living and working in Dubrovnik since 1998, yes he is one of the rare “old hands.” A unique insight into both British and Croatian life and culture, Mark is often known as just “Englez” or Englishman. He is a traveller, a current affairs freak and a huge AFC Wimbledon fan.

Email: mark.thomas@dubrovnik-times.com

The Managing Director of the International Monetary Fund, Christine Lagarde, participated in an international conference of economic experts in Dubrovnik, stressed that Croatia should accelerate economic growth and implement reforms that are necessary steps for the country's progress.

- When and how Croatia becomes part of the Eurozone, it is a matter for the Croatian Government and the European Union. Every new member of the EU had to go through tough and painful reforms to adopt the Euro as their official currency. The Croatian National Bank must be independent. There are many criteria to be fulfilled to enter the Eurozone and I am optimistic that the Croatian economy and the Croatian people will have their vision and will eventually go in the right direction towards the goal – commented Lagarde on the final day of the congress in Dubrovnik. Adding that the IMF is always looking for ways to motivate young people to stay in their homeland and create the future of their country.

- In the IMF we have seen a lot of changes in Croatia. I would say that every government should be transparent. Governments will come and go but it is important what they leave behind, which laws and which reforms they introduce – said the IMF director.

According to Governor of the Croatian National Bank, Boris Vujčić, the Dubrovnik congress was attended by 30 finance ministers from central, eastern and south-east Europe and numerous financial experts and was very constructive and will help with measures to accelerate economic growth in Croatia.

imf in dubrovnik

The population of the European Union on the 1st of January this year was bigger by 1,5 million in comparison to the previous year, i.e. it rose to 511,8 million inhabitants, Eurostat reported a few days ago.

According to the Eurostat data, the largest decline in the population was recorded in Croatia, Lithuania and Latvia.

Considering that the birth and the death rate in the EU were the same as in 2016, an increase of 1,5 million is attributed to migration.

Last year the EU population grew in 18 member countries, mostly in Luxembourg (1,98%), Sweden (1,45%), Malta (1,38%), and Ireland (1,06%). On the other hand, ten EU member countries recorded a decline in their population, however, the worst situation was in Lithuania (-1,45%), Latvia (-0,96%), and Croatia (-0,87%).

The Eurostat data show that on the 1st of January 2016 Croatia had a population of 4,190,700, whilst on the same date this year the country recorded 4,154,200 inhabitants.
The EU country with the largest population is Germany (82,8 million), followed by France (67 million) and Great Britain (65,8 million).

In addition, 5,1 million children were born in the 28 EU member countries in 2016 with the highest birth rate in Ireland, Sweden, and Great Britain, and the lowest birth rate in Italy, Portugal, and Greece.

The opening night of the 68th Dubrovnik Summer Festival was a glamorous affair last night.

The opening ceremony, which was held in front of the St. Blaise Church, was followed by a fireworks display in front of the Old City shooting high above the Dubrovnik night sky. Thousands of locals and tourists witnessed this amazing beginning to the most important cultural festival in Croatia.

Check out this stunning aerial video of the fireworks display last night from One Frame Media.

 

Josephine Skriver, a Danish fashion model that is known all over the world for being Victoria’s Secret Angel, spent her vacation in Dubrovnik. She shared numerous photos from Dubrovnik on her official Instagram profile that has over 4 million fans!

‘’Croatia, you are lovely’’ and ‘’This place is paradise’’ are some of the captions that accompany the photos that attracted a lot of attention on Instagram.

BeFunky Collage

Skriver is born in 1993 but already made a great success. She is a Victoria's Secret Angel and since her modeling debut in 2011, she has walked in over 300 fashion shows, modeled for some of the world's biggest fashion brands and been on the cover of and featured in magazines such as Vanity Fair, Elle, Vogue, Harper's Bazaar, Marie Claire.

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According to the latest news from Viktor Lenac, the Croatian shipyard has signed a contract on a series of additional repairs on the USS Mount Whitney.

Just to remind you, last December the USS Mount Whitney, the flagship of the Sixth Fleet of the US Navy, arrived to the Viktor Lenac shipyard in Rijeka for overhaul that was supposed to be finished by July 2017. However, a number of new works has been agreed upon that will boost the shipyard’s revenues and favourably affect business results and stable employment capacity. The additional works are to be completed by mid-September this year.

The USS flagship has already visited the Croatian shipyard four times and has chosen Viktor Lenac again for another major upgrading of the warship in order to additionally modernize the ship and prolong her working life span.

The basic contract on overhauling of the American warship was worth $21 million; however, three months ago the Croatian shipyard announced that in case of activation of additional options, the total value of the project could reach almost $30 million.

Viktor Lenac is one of the leading shipyards in the Mediterranean. Founded in 1896, the shipyard has a long tradition of ship repair and conversion and was among the first in the world to introduce ship lengthening.

In 2016, the Croatian shipyard achieved 274 million Kunas in revenue and 1,45 million Kunas in profits.

Last night was a special night for Dubrovnik, as 68th opening of the Dubrovnik Summer Festival was held. After the ceremony, everybody tried to find a perfect spot to watch traditional fireworks, that were really impressive this year. One of the most beautiful and popular places to watch the fireworks is for sure the terrace of Museum of Modern Art Dubrovnik, where photographer Zeljko Tutnjevic was located and took these photos. Enjoy!

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One of the richest people from the Arab world has come to Croatia to find a perfect location for his new investment.

Hussain Sajwani also known as ‘’Donald of Dubai’’ in the world of business, is a self-made billionaire from the United Arab Emirates and one of real estate tycoons responsible for the glamorous image and architectural bravuras that were constructed over the past decade in the Arabian paradise for the rich, the city of Dubai.

The ambitious ''heavyweight'' and the tenth richest Arab on the Forbes World’s Billionaires list whose assets are currently estimated at $4.4 billion has come to Croatia to study the country and put the finger on the most attractive investment spot on the map. The Croatian governmental authority has decided to welcome him and let him know that he is welcome in Croatia and that the country would gladly see a piece of Dubai here.

Sajwani's specialty are shamelessly luxurious, huge hotel-residential-business projects, however, none has been realized in Europe yet. If he decides to invest in Croatia, he would not have to turn deserts into grandiose edifices or build artificial islands, thus he might be convinced that the local investment climate is not that harsh and that the country's economy will continue to grow, whilst elite tourists are waiting for the new luxury destination in Europe.

However, Sjawani's team has not revealed any details yet, just has given a hint about a potentially big investment in tourism.

Apart from investment and development projects, Sajwani also deals with hotel business (Damac Hotels & Resorts) and facility management (Luxury Facilities Management and Luxury Owner Association Management Services).

The global real estate agency Colliers International, which has been luring Sajwani to Croatia, has prepared several proposals for him.

Hussain Sajwani, the director and the owner of Damac Properties Dubai, a company that belongs to the three leading investment groups in Dubai, has not yet dropped his finger on a location on the Croatian map but his operational teams have already spied out the Adriatic, which Sajwani will be touring by himself by helicopter, starting from Dubrovnik.

The 68th Dubrovnik Summer Festival was opened tonight in front of the St. Blaise Church in the heart of the city with the raising of the Libertas Flag and the atmospheric “Freedom Hymn.” For the next 47 days Dubrovnik will play host to numerous theatrical, ballet, opera, art and cultural events in the biggest and most renowned festival in the region.

“The Dubrovnik Summer Festival are a joy, a challenge, expectation and pride. This is a city of history as well as a city of art. There is no one among us who does not look forward to a good show. I want you to feel happy and free here,” commented the Mayor of Dubrovnik, Mato Frankovic, expressing the importance of measure and harmony.

summer festival flag dubrovnik

Musical support for the whole opening was given by the Dubrovnik Symphony Orchestra, the Zagreb Philharmonic, the Ivan Goran Kovačić Academy Choir, the Dubrovnik Chamber Choir and the Mixed Choir Libertas. And the screenplay of this year's opening ceremony was created by Ivana Lovrić Jovic from the Institute of Croatian Language and Linguistics.

The most important cultural event in the city’s calendar brought together numerous representatives of public, cultural and political life.

With the Libertas flag waving in the Dubrovnik night sky the city is now the centre of attention until the 25th of August. More than 2,000 artists from all over the world will perform in 15 different locations around the city and an estimated audience of 60,00 is expected this year. The 68th Dubrovnik Summer Festival is open!

openign dubrovnik summer festival

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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