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Croatia To Hold Accession Referendum

News Posted On: 22 November 2010

Croatia is to hold a referendum on EU accession before ratifying the accession treaty. The country hopes to have completed negotiations, and to sign the treaty by the middle of 2011, at which point it will hold the referendum and then, depending on the vote, ratify or anull the treaty.

Surprisingly the government has wanted to hold the referendum, and that has now been unanimously supported by the country's legislation committee. What a shame it will be if the people were to vote no, after all the hard work Croatia's has done in order to meet the criteria for membership. Thank fully such a scenario is highly unlikely.

Anyway, they ain't there yet. According to the EU's most recent report into Croatia's progress, the country is making excellent progress towards meeting the criteria, but the EU would like to see Croatia do more in certain areas. The recommendations for Croatia were as follows:

To ramp up the fight against organised crime and corruption

To intensify judicial and administrative reforms

And

To boost protection of minorities and facilitate refugee returns

Prime Minister Jadranka Kosor was happy with the report.

"This is the best report ever and a very promising one. It clearly recognises the changes and efforts made," she said.

Croatian property will almost certainly see a boost in foreign demand upon entering the EU, as we have seen in several other neighbouring countries. However, the world is very different now to what it was then, and the boost will unlikely be as huge, not least because Croatian property saw a surge in foreign demand in 2007-08 as accession looked simple, only to see it blocked by Slovenia.

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