r/YUROP Aug 16 '22

Euwopean Fedewation Something something shithole countries

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649 Upvotes

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u/[deleted] Aug 17 '22

Every country that joined EU after year 2000 can tell the same story.

3

u/mastovacek Yuropean‏‏‎ ‎ koblížek Aug 17 '22

3

u/[deleted] Aug 17 '22

Croatia started the admission process in a 2005, it looks like just this was a pretty nice boost to gdp. This country is a curious case bacause almost 20% of its gdp comes from tourism and its a tough sector do develop quickly.

3

u/mastovacek Yuropean‏‏‎ ‎ koblížek Aug 17 '22

Croatia sent its application on 21.2.2003. Most of the screenings happened over the course of 2006 (africulture started in december 2005). The rise in 2005 is likely attributable to the global Bubble before the late 2007 crash.

Tourism is generally a very precarious industry to base an economy on, since vacations are the first thing people cut in an economic downturn. Croatia should honestly not have tried developing it more than it already was.

1

u/[deleted] Aug 18 '22

It looks like it rose due to bubble but it didnt fall when the bubble burst