Prime Minister Andrej Plenković (Photo: twitt @AndrejPlenkovic) Prime Minister Andrej Plenković (Photo: twitt @AndrejPlenkovic)

Prime Minister Andrej Plenković said introduction of the Euro will benefit citizens and the economy and make the financial sector more stable with lower interest rates.

“Our plan and schedule are approximately as follows: Entry into ERM II in the second half of 2020, the time period that we foresee spending in ERM II is approximately two and a half to three years, meaning that entering the Eurozone, according to today's estimates, could be in January 2023 or in January 2024 at the earliest,” said the Prime Minister.

“We have decided to join the Eurozone, however, there is still a level of ignorance and misunderstanding in the public, which fuel further fears of possible negative effects. I want to clearly say that the Croatian Chamber of Economy, along with our members, supports the introduction of the Euro, because we are aware that the positive effects significantly outweigh the possible negative ones,” said the President of the Croatian Chamber of Economy Luka Burilović.

Source: HRT