BULLETS CHANGE HISTORY. Nowhere is that truer than in the Balkans. So it’s no surprise that the slaying of Serbian premier Zoran Djindjic on March 13 has revived the question of whether neighbours such as Croatia are safe, attractive destinations for strategic and portfolio investment.
So far investors are relatively sanguine. “Politics, with the honourable exception of a few brave individuals like Djindjic, is the continuation of crime by other means in Serbia, but that’s not the case in Croatia,” says James Oates, managing partner of hedge fund Convergence Capital in London.
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