Market Report, "Croatia Pharmaceuticals & Healthcare Report Q2 2014", Published
We forecast weak pharmaceutical market growth over the next decade, in light of Croatia's acceding to EU pressure to rein in its budget deficit in December 2013. The budget for 2014 contains major cuts to healthcare funding, with pharmaceuticals expected to bear the brunt. Liquidity issues and payment terms will remain unfavourable in 2014, but we believe that EU pressure should see them ease over the medium term. Healthcare spending is projected to rise over the next 10 years in...
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