Euro in Croatia: Many feel cheated and betrayed
“It was a completely wrong move imposed by the Croatian political establishment. Our prime minister is nothing more than a puppet of the Brussels establishment, and not only in the case of the euro.”
On 1.1.2023., Croatia introduced the euro as its official currency, the majority of politicians in the Croatian Parliament and in the European Parliament supported that move, however not the MEP and president of the Ključ Hrvatska party Ivan Vilibor Sinčić. British Express asked Sinčić why he is against the euro in Croatia and why he believes that its own currency is a better solution for Croatia.
It was a completely wrong move.
“It was a completely wrong move imposed by the Croatian political establishment. Our prime minister is nothing but a puppet of the Brussels establishment, and this is not only in the case of the euro,” said Sincic.
Supporters of the introduction of the euro state that Croatia will use the benefits of the common currency and the connection with the European Central Bank, that it will facilitate business, but also remove the hassle of changing currency for Croats who go abroad and for the many tourists who visit Croatia every year. However, Sinčić believes that Croatia, even if it wanted the euro, was not ready because workers’ incomes are 2 to 3 times lower than in the West.
“Many things went up in price overnight. It’s very chaotic. Many feel cheated, shocked and betrayed,” Sinčić said, adding that this is only a short-term effect.
The euro can benefit Germany, France and the Netherlands, but it is not a benefit for Croatia.
“The euro has much bigger problems because you can’t put so many different economies in one monetary zone. Some will benefit at the expense of others. The euro can benefit Germany, France and the Netherlands, but it is not a benefit for Croatia. Our economy is different and we need a different monetary policy from those countries in order to develop,” Sinčić concluded.
