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Croatia July construction output +2.7% y/y, buildings +0.3% m/m
Poslovni DnevnikLO·HR·2 days ago
A Croatian court ruled that contractor claims under a construction contract become time-barred from the issuance of each monthly interim payment certificate, rather than from project completion or contract termination. This deviates from common industry practice and may force contractors to file claims earlier to preserve rights. The ruling could set a precedent affecting construction disputes and cash flow in Croatia.