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In the Balkans, crony capitalism runs deep

In the Balkans, crony capitalism runs deep

The fall of Croatia’s biggest privately-owned company, Agrokor, has brought into sharp relief the extent to which crony capitalism, botched privatizations, and corruption still hold sway in the Balkans. In a recent report, the Friedrich Naumann Foundation for Freedom highlighted the Agrokor scandal – and the actions of its larger-than-life owner, Ivica Todoric – as worrying signs […]

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