This means that a company with good growth can go to the international or domestic stock markets and raise further funds. This is the trend throughout Central and Eastern Europe. Interest rates have been coming down - a very positive reaction to the much more conservative fiscal discipline that governments throughout Central and Eastern Europe have taken. The other important thing to point out is that Croatia, Czech Republic, Poland or Russia are a lot less indebted than the South-East Asian nations. In fact, most of them have just renegotiated their old debts so they've started with a very good platform to grow when maybe South-East Asia and other parts of the world have problems.
Trade deficits rise and fall.
The Croatian government is aware that if it has a large deficit, borrows a lot and does not liberalize capital markets and the domestic economy through privatization, then it will have long-term problems. And, as tourism is increasing by multiples since the war has ended, it is going to be easier to service trade deficits. Well, I'm saying that this economy is structured in a very different way than a lot of the others in the region. In the Croatian economy the service sector is much larger. In Czech Republic, for instance, manufacturing is the most important sector.