Croatia, which is the latest country to have joined the EU, has one of the weakest economies in the 28-country bloc.
The eastern European country, which joined the EU in July 2013, has struggled to pull itself out of a seemingly endless recession.
practical
Before the global financial crisis of 2008-09, the Croatian economy grew at a healthy 4-5% annually, incomes doubled, and economic and social opportunities dramatically improved. The prolonged crisis put this progress, as well as Croatia’s aspirations, to the test, as the country struggled with six years of recession.
Return to growth of close to 1 percent is expected in 2015. The highest contribution to this growth comes from exports of goods and services. Declining oil and food prices and the personal income tax cut helped with the recovery of domestic demand, especially of personal consumption. Investment marked an annual increase for the first time after twelve quarters, driven by rising payments for projects financed from EU funds.
Don't forget that Croatia was also recovering from years of devastating war; I hope that them joining the EU will help to preserve peace in that region.
Although, of course, the downside is that these 'wonderful' projects (new roads driven through the mountains etc etc) funded by the EU have to be paid for.