Saturday, June 29, 2013

Mired In Recession, Former Yugoslav Republic Of Croatia Joins Troubled European Union

(Reuters) - Croatia becomes the 28th member of the European Union at midnight on Sunday, a milestone that caps the Adriatic republic's recovery from war but is tinged with anxiety over the state of the economy and the bloc it joins.

EU flags fluttered from a stage in Zagreb's central square ahead of the evening's festivities, though there have been few signs of the gushing welcome that marked past expansions to ex-communist Eastern Europe.

Croatia joins the bloc just over two decades after declaring independence from federal Yugoslavia, the trigger for four years of war in which some 20,000 people died.

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