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  • 2022-12-23 (xsd:date)
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  • we had a look at the average monthly gross wages and the harmonized index of consumer prices (HICP) on an annual basis in six different countries that joined the Euro between 2007 and 2015 (en)
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  • On December 10th 2021, Boris Vujčić stated in a press conference that people should not fear higher prices after the introduction of the Euro in Croatia. He claims that in recent years wages grew more than prices in the countries that introduced the euro. Our investigation concludes that this claim is mostly true. In 2023 Croatia will give up its national currency, the kuna, and introduce the euro. It is the twentieth country that joins the Eurozone. According to Eurobarometer polls, there is a stable majority of 55% of Croatia’s public in favor of introducing the euro. The tourism sector in particular seems highly in favor of the common currency and expects reduced changeover costs for people visiting Croatia. On the other hand, the same poll shows that 49% of Croatians fear that the euro will have negative consequences for their country and a total of 81% worry that the introduction of the euro will lead to higher prices. Boris Vujčić, Governor of the Croatian National Bank, said in a press conference that people should not be afraid (en)
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