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The summer that would save Agrokor from decay may never come

Monday, July 10, 2017 - 05:50

Konzum's sales dropped 11 per cent in the first five months from a year earlier, helping accelerate a skid that cut the value of Agrokor bonds more than 80 per cent.


THE annual invasion of tourists was supposed to offer a financial reprieve for the biggest retailer in scenic Croatia. Instead, this summer is shaping up as another source of grief in Agrokor's spiralling crisis, which has threatened economies across the Balkans.


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