Sunday, 21 July 2024
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 total financial assets of households at the end of the first quarter of 2024 amounted to 90.3 billion euros, which is an increase of 6.2 billion euros or 7.4 percent over a one-year period, and 1.5 percent compared to the end of the previous quarter, the Croatian National Bank (HNB) announced on Friday.

The biggest contribution to the growth of financial assets in the first quarter of 2024 was the increase in investments in debt securities, mostly bonds and treasury bills of the Ministry of Finance, with a noticeable decline in deposits, which, despite this reorganization of household portfolios, remain the most significant item of household financial assets, according to the HNB's statement on financial accounts statistics for the first quarter of this year.

On the other hand, household financial liabilities increased to 25.3 billion euros, which is an increase of 2.7 percent compared to December 2023. Over the course of a year, these liabilities increased by 2.5 billion euros or 10.9 percent.

“These developments resulted in an increase in the financial net worth of the household sector to 65.1 billion euros, which is one percent more than at the end of December 2023, or 6.1 percent or 3.8 billion euros more compared to the end of the same quarter of the previous year,” the central bank reported.

Thus, the net worth of the household sector continued its gradual growth that began in the second quarter of 2022, shortly after the end of the accelerated growth period that lasted from the second quarter of 2020 to the fourth quarter of 2021, the HNB added.

They also reported that at the end of the first quarter of this year, the financial assets of the Croatian economy amounted to 443 billion euros, which is a decrease of 0.5 billion euros in that quarter and an increase of 33.6 billion euros over the course of a year.

At the same time, the financial liabilities of the Croatian economy amounted to 461 billion euros, having increased by 1.1 billion in the quarter and by 33.3 billion euros over the course of a year.

Well-known Dubrovnik journalist, Vedran Benić, shared an incredible experience on social media that he had today as a consequence of the heat wave in Dubrovnik:

"By coincidence, today around noon, I walked from the bus to the bakery and then from the bus across Boninovo past the cemetery to home. Altogether, it was about 10 minutes, but enough for the upper rubber layer on the soles of my sandals to melt! (Made in Italy). I survived! The sandals did not! Never again will I make the same mistake until the red warning subsides!" said Benić, who will surely remember the episode with the 'melted' sandals for a long time.

"I usually don't go out in such heat, but today I went out for something and when I came back, I couldn't believe what I saw. If this wasn't a warning not to walk around in over 30 degrees, I don't know what is!" said Benić.

 

At the request of the concessionaire of Dubrovnik's Copacabana beach, it was determined that the lift for persons with disabilities was so damaged that it could not be repaired, so the City of Dubrovnik's contractual partner, INKO CENTAR from Zadar, installed a completely new lift.

Every year, at the beginning of the swimming season, the City of Dubrovnik installs lifts for persons with disabilities on Dubrovnik's beaches, bearing all the costs of procurement, servicing, maintenance, and possible repairs.

The City of Dubrovnik repeats its call to citizens and guests to use the lifts for persons with disabilities with particular care exclusively for their intended purpose and to report any cases of vandalism to the Dubrovnik Police Department.

Novi lifter na Copacabani 2 2

On July 12, 2024 at 11:00AM at the Museum of the Homeland War in Dubrovnik, artist Kat Coric officially unveiled her painting titled “Moja Domovina 1991” (My Homeland 1991). The painting was a gift from the artist to the museum to pay tribute to the Veterans of the Homeland War.

“We would like to once again express our gratitude to our donor, the artist Kat Coric, for her painting "My Homeland 1991," created during the early days of the Homeland War amidst wartime destruction, and which she gifted to her father, Captain Ivan Ćorić (1938 - 2015) in 1991. The painting is an oil on canvas, reflecting the deepest thoughts of Ms. Coric during one of the most challenging periods of her life, and it was part of a series titled "The Effects of the War on the Artist." The series was exhibited in Zagreb, Požega, and Dubrovnik in 1996.

Through this donation by Ms Coric, the painting returns to Dubrovnik and becomes part of the collection of the Museum of the Homeland War Dubrovnik, where it finds its place in the museum's collection and remains as a testament to the enduring memory of the Homeland War and the creation of the sovereign and independent Republic of Croatia,” added Ms. Varina Turk, the director of the Homeland War Museum in Dubrovnik.

image 123650291

 

From the middle of the week to the weekend, there are a little more than 23 thousand guests in Dubrovnik, roughly the same as at this time last year.

According to the data from the eVisitor system for the registration and deregistration of tourists, the most numerous are from the United Kingdom, USA, France, Australia, Ireland, Norway, Germany, and Spain.

 

Shaquille O’Neal one of the most iconic basketball players of all time, is returning to Dubrovnik. On Tuesday, July 23rd, he will perform for the third time at Dubrovnik's club Revelin.

In addition to being a four-time NBA champion, Shaq is also a successful musician, actor, host, and DJ under the name DJ Diesel. His performances are known for their energy, diverse music genres, and great atmosphere.

Last year, Shaq visited Dubrovnik together with his son Myles O’Neal, a talented musician who also performed at Revelin. And Myles will once again be coming this year and performing a set in the Dubrovnik nightclub.

At the opening of the 75th Dubrovnik Summer Festival held in the historic city center, nearly 14,000 people attended, with several thousand more in the broader vicinity of the old town.

Throughout the evening, numerous security measures were implemented, with a significant presence of police officers, resulting in no reported incidents of unlawful behavior and no traffic accidents in the entire Dubrovnik area.

"We thank our fellow citizens and numerous guests who followed the police safety advice on site and contributed to ensuring that this event passed smoothly and safely," stated the Dubrovnik-Neretva County Police Administration.

It has been an extremely warm and sunny summer so far in Dubrovnik and it doesn't look like stopping any time soon. The end of the week in the wider Dubrovnik region will see temperatures in the mid to high thirties and the beginning of next week.

The Croatian Metrological and Hydrological Service has issued a warning for a heat wave for tomorrow across the whole of the country with temperatures in the wider Dubrovnik region predicted to reach highs of between 35 and 38 degrees. “Extremely high temperatures are expected. Protect yourself, children and senior citizens. Follow advice provided by relevant authorities. Infrastructure failures are possible,” stated the service.

And if you were planning to cool off in the Adriatic Sea you aren’t going to have much luck as the current sea temperature is around 26 to 27 degrees. Meaning that the sea is warmer than the air temperature in many northern European countries.

“I couldn’t wait to soak up the sunshine and feel some warmth,” commented an English couple currently on holiday in Dubrovnik.

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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