The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Ivo Josipovic aims to be Croatia’s quiet revolutionary

The new president has been ruffling feathers at home while making friends and influencing people abroad – boosting his country’s international standing as a result. Guy Norton reports from Zagreb.

Ivo Josipovic, Croatia's third President

"I’ve touched on areas of policy that before were untouchable. Strong messages provoke strong reactions"

Ivo Josipovic

CROATIAN PRESS REPORTS about the two-round presidential elections in Croatia in December 2009 and January 2010 might lead one to believe that life under the eventual winner, Ivo Josipovic, would be one long snooze-athon.

Columnists aplenty bemoaned the fact that the former law professor lacked the obvious showbiz appeal of other presidential wannabes such as Nenad Vidosevic – dubbed the George Clooney of Croatian politics – or Milan Bandic, the colourful if controversial mayor of Zagreb, who Josipovic beat comfortably in the second round of voting to secure the presidency.

In a country that has spawned more than its fair share of demagogues over the years, Josipovic’s professorial air seemed lacklustre in comparison with some of his rivals. Yet as anyone with even a passing knowledge of the Balkans knows, you should always expect the unexpected. And so it has proved. First, Josipovic’s superficially dull, if worthy, electoral campaign based on a simple message of wanting to create a fairer, more prosperous Croatia captured the public imagination at a time when the country was reeling from the double-whammy negatives of corruption scandals alongside a sharp economic downturn.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree