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Economic Institute downgrades economic outlook

ZAGREB, Jan 29 (Hina) - Analysts at the Economic Institute Zagreb (EIZ) have downgraded their outlook of economic activities in Croatia and now estimate that the fall in Gross Domestic Product (GDP) for 2012 will be 1.9% and that this year GDP could fall by 0.2%, economic recovery is expected in 2014 with a growth in GDP of 1.5%.

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