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How many citizens think that Croatia is ready for the introduction of the euro Canva

How many citizens think that Croatia is ready for the introduction of the euro

Written by  May 25, 2022

Less than a third of citizens believe that Croatia is ready to adopt the euro in early 2023, and the vast majority fear that the introduction of the single currency will lead to an increase in prices, according to a survey presented in Zagreb on Wednesday.

“The aim of this research is not to create additional panic, but to calm the citizens on the one hand, give them data that clearly and unequivocally states that the introduction of the euro is good for us, and on the other hand encourage the government to inform the public as soon as possible,” said the MEP Biljana Borzan, on whose initiative the research was conducted.

A survey conducted by Hendal in March and April 2022 on a sample of 805 respondents found that 29.9 percent of citizens fully or mostly agree with the statement that Croatia is ready to adopt the euro in early 2023. Whilst 45.5 percent don’t think that Croatia is ready and 24.7 percent neither agree nor disagree.

The vast majority of citizens, 86.2 percent, believe that the introduction of the euro will be used to increase prices.

"We have now gone through several waves of price increases: the corona crisis, the earthquake, the war in Ukraine. This would now be the fourth wave if prices rise. The citizens have had enough of everything. I understand that citizens are expressing some concern about how the introduction of the euro will affect their household budgets," Borzan said.

Borzan emphasized that in Slovenia, since the introduction of the euro, gross wages have risen by 46 percent and prices by 26 percent, while in Latvia wages have risen by 67 percent and prices by 10 percent.

"We see that there is a short-term increase in prices, although minimal. However, the long-term benefit for citizens is very visible and I am sure that it will happen to Croatia as well, because joining the Eurozone actually means economic gain,” Borzan emphasized.

She added that according to the Law on the Introduction of the Euro, it is forbidden for business entities to increase the price of goods or services to consumers without a justified reason.

 

 

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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