Croatian islands chosen as the most beautiful in the world
Croatian Times
The Spanish edition of Conde Nast Traveler magazine chose the islands of the Croatian Adriatic as among the most beautiful in the world yesterday (Tues) in Madrid.
Conde Nast Traveler readers voted for the most-beautiful islands on the basis of 15 criteria.
The islands of Greece, Corsica, Puerto Rico and Mauritius were also among those called the most-beautiful in the world.
Croatian Ambassador to Spain Neven Pelicaric and Sanja Jelic, the head of the Croatian National Tourist Board office in Madrid, attended the awards ceremony.
The Spanish edition of Conde Nast Traveler belongs to the Conde Nast Publications group that includes Vogue, Architectural Digest, Vanity Fair, The New Yorker and Bride
Heart-shaped island highlighted by Google Earth becomes hit with lovers
A tiny island in the Adriatic has become a holiday hit for lovers because it is shaped like a hearth.
The 130,000 square yard islet of Galesnjak came to prominence after its unusual shape was highlighted on Google Earth. Even the owner of the uninhabited island - now known as Lovers' Island - didn't realise how perfectly heart-shaped the island off the Croatian coast was until he was swamped with requests from couples to stay there. It seems many lovers from around the world consider it the ideal spot for a romantic Valentine's Day break. Vlado Juresko said: "It has been incredible. We think it is the most perfect heart-shaped island in the world. Nobody lives there so if lovers really do want to spend time alone it's the perfect desert island.
The 130,000 square yard islet of Galesnjak came to prominence after its unusual shape was highlighted on Google Earth. Even the owner of the uninhabited island - now known as Lovers' Island - didn't realise how perfectly heart-shaped the island off the Croatian coast was until he was swamped with requests from couples to stay there. It seems many lovers from around the world consider it the ideal spot for a romantic Valentine's Day break. Vlado Juresko said: "It has been incredible. We think it is the most perfect heart-shaped island in the world. Nobody lives there so if lovers really do want to spend time alone it's the perfect desert island.
"We always thought it looked a bit like a heart but since it's been on Google Earth everyone else has seen it too and the whole world seems to want to stay here." The island is located in Zadarski Kanal between Zadar and the Island of Pasman. Croatia is ranked as the 18th most popular tourism destination in the world, proving especially busy during the summer months.
credited to telegraph.co.uk
The World Bank and Global Environment Facility to Help Improve the Quality of its Coastal Waters
The World Bank’s Board of Executive Directors today approved a EUR60 million loan and a US6.4 million Global Environment Facility Grant to the Republic of Croatia to help combat pollution along the country’s coast.
This second phase of the Coastal Cities Pollution Control Program will build on the activities of the first phase, which aimed at safeguarding the quality of coastal waters and the environment, both of strategic importance to Croatia’s tourism industry, the livelihoods of local communities and marine life. Phase two will seek to improve the efficiency and sustainability of wastewater services in 30 coastal cities where only 49 percent of the population has adequate wastewater collection systems and only 16 percent of the wastewater is treated. The overall program will help Croatia meet European Union environmental standards needed for successful EU accession.
The project will also help reduce the level of nutrients and other pollutants entering Croatia’s coastal waters from households and industries, and will test innovative wastewater treatment solutions in selected municipalities.
“Croatia is renowned worldwide for its beautiful coasts with coastal tourism generating considerable income for the country and many people making their living directly or indirectly from tourism related activities.” said Orsalia Kalantzopoulos, World Bank Country Director for Croatia. “It is therefore of vital importance to safeguard this important resource by reducing the amount of pollutants that enter seawater and to ensure that future generations can also benefit from Croatia’s rich natural heritage.”
The first component of the project will undertake investments to construct or upgrade wastewater collection, treatment and disposal systems in 30 municipalities. Four municipalities regarded as environmental “hot spots” will receive grant funds for enhanced nutrient reduction wastewater treatment facilities. The second component will focus on the implementation of the Water Management Strategy and assisting Croatia’s water sector to meet EU standards. The third component will help measure the impact of the program’s activities on the quality of seawater.
The overall cost of the project is Euro 120 million, which is supported by an IBRD Loan for Euro 60 million at six month LIBOR plus fixed spread, with a maturity of 15 years, including a 5-year grace period. The Global Environment Facility Grant of US$ 6.4 million is co-financing the project, which is under the World Bank GEF Investment Fund for the Mediterranean Sea.
Since joining the World Bank in 1993, Croatia has received support from the global development institution in the form of financial and technical assistance, policy advice and analytical services. To date, the Bank has offered support for 39 operations with a total value of US$2.3 billion, and it has approved 51 grants with a total value of US$63 million.
About the GEF
The GEF unites 178 countries in partnership with international institutions, non-governmental organizations (NGOs), and the private sector to address global environmental issues while supporting national sustainable development initiatives. Today the GEF is the largest funder of projects to improve the global environment. An independent financial organization, the GEF provides grants for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants. Since 1991, GEF has achieved a strong track record with developing countries and countries with economies in transition, providing $8.3 billion in grants and leveraging $33.7 billion in co-financing for over 2,200 projects in over 165 countries.
Through its Small Grants Program (SGP), GEF has also made more than 7,000 small grants, up to $50,000 each, directly to nongovernmental organizations
and community organizations.
The World Bank Group is one of GEF’s implementing agencies and supports countries in preparing GEF co-financed projects and supervises their implementation. It plays the primary role in ensuring the development and management of investment projects. The Bank draws upon its investment experience in eligible countries to promote investment opportunities and to mobilize private sector, bilateral, multilateral, and other government and non-government sector resources that are consistent with GEF objectives and national sustainable development strategies. Since 1991, the World Bank Group has committed $1.52 billion in GEF resources and $2.25 billion in Bank group co-financing for GEF projects in 80 countries. In addition to GEF and Bank resources, it has mobilized additional co-financing of $5.48 billion from other donors.
Restaurant Review New York Times: Mondo Konoba in Croatia
Mondo Konoba may be the best little restaurant that you may never reach. It is what eating in the Old World should feel like. Just be warned that you’ll have to work for it.
Istria, the part of Croatia that’s closest to Italy, was under its neighbor’s rule until the end of World War II and was previously occupied by the mighty Venetians. It’s beautiful, cheap and largely free of the hordes of tourists that spoil so many postcard-worthy views in Italy. Think of it as Tuscany 50 years ago.
Mondo Konoba sits on a slope just outside the large gate to the beautiful medieval village of Motovun, which is on a hilltop deep in the Croatian countryside almost an hour from the nearest train station. Visitors can drive up the narrow winding road almost to the top, though they must leave their cars and make their way along the final stretch of narrow cobbled streets with misshapen and brightly colored houses on foot. Otherwise, it’s a stunning, but tiring, half-hour trek to Motovun.
Where does a weary traveler rest? In a tavern, which is the translation of konoba. The vibe is as relaxed as the word suggests, with an airy dining room and a few simple wooden tables outside. The menu relies heavily on local ingredients particular to the surrounding area.
Among the highlights are beef carpaccio with shavings of black truffle, a rich and creamy polenta with truffles and a delicious dish of tagliatelle — in a truffle sauce, of course. Truffles are abundant there, and are dug up by hunters and their dogs (or more traditionally with pigs) fresh in the mornings.
Nikola, the friendly and multilingual waiter, is great with helping to choose a glass of one of the crisp local white wines to pair with the food. Main courses range from 65 to 140 kuna (about $11 to $25 at 5.8 kuna to the dollar), a tremendous bargain when compared with the expensive dishes on tourist menus in Italy.
Before the sun sets, there should be enough time to enter the gate to the village, built in the 1400s, and soak in the breathtaking views. No surprise, then, that many Italians say the best place for a dream holiday is Croatia.
New law for foreigners
Citizens of the European Union will be interested to know that the new real estate law in Croatia makes them equal to domestic population when it comes to buying real estate. The law will be in effect from February 1st 2009, which is less than two weeks from today.This means that European buyers will from now on be able to buy real estate in Croatia without any of the previous limitations and special rules, which will now only aply to residents from other countries that are not yet members of the European Union. Up until now, foreigners were only able to buy real estate by founding companies in Croatia, which made the whole procedure much more complicated and time consuming. Well, from now on all Europeans can start investing in real estate in Croatia freely!
This may be the solution for the current situation at the market, which started to slow down to a point of standstill. In these times of crisis, the new law may prove to be just what it takes to light up the spark on the Croatian real estate market!
Predictions for the credit crisis
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