Croatia is expecting to adopt the Euro as its official currency on January 1st of 2023. However, there has been widespread public concern that the introduction of the Euro will result in price hikes. Mainstream politicians however, regardless of party affiliation, are all in lockstep agreement that the Euro will be a good move for Croatia.
Speaking for Croatian Radio on Wednesday Deputy Prime Minister and Finance Minister Zdravko Marić said that with regards to Croatia joining the Eurozone, Zagreb expects a final decision from the EU at a meeting of the council of finance ministers on July 12th in Brussels.
Earlier this week the European Commissioner for Trade, Valdis Dombrovskis, announced that Croatia no longer has macro-economic imbalances, while at the Davos summit the president of the European Central Bank, Christine Lagarde, publicly gave her support for Croatia's inclusion into the Eurozone after meeting with Prime Minister Andrej Plenković.
However, according to a study conducted by the office of Croatian MEP Biljana Borzan, as many as 70 percent of Croatian citizens are either undecided or feel that we are not ready to adopt the Euro. Along with this, more than 86 percent of those polled expressed their concern that the introduction of the Euro will be used as an excuse to further raise prices, in spite of the already spiraling inflation. Only 30 percent of those polled feel that Croatia is ready to adopt the Euro on January 1st of 2023, and feel that it will benefit citizens and businesses.
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