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Ambassador to Croatia on the introduction of the euro and high prices: some merchants took advantage of this

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“On the one hand, the feelings of the inhabitants reflect pride, satisfaction that after 31 years, when Croatia received intertiol recognition, today it is among the 15 countries that are members of the European Union, NATO, the Eurozone, and the Schengen area. Of course, these are feelings associated with the expectation that both of these steps will strengthen the stability and resilience of the economy.that they will increase their attractiveness in the eyes of foreign investors and, of course, will become another impetus for the development of tourism,” said the Czech Ambassador to Croatia. However, at the same time, he also explained the other side of the coin, which, in particular, is associated with joining the European Monetary Union: “Of course, there are concerns that reflect the complex orientation in the new currency. Concerns about the further development of rising prices.

video
Epicenter – Milan Hovorka
– Marketa Volfova, Lukas Cerveny

Video in progress…

Croatia, like a number of other countries, is going through a challenging period of high inflation, with the latest data from the end of last year showing prices rising 13.5% year-on-year in November. According to Hovorka, in this situation it is difficult to separate the effects of individual influences that cause prices to rise. “At the same time, it is certainly true that some traders took advantage of the moment of the introduction of the euro. They argue that in their case it was either a simple conversion, so that they followed the current rounding rules, or they simply stated that prices are forced to adapt to the general development of inflation and, of course, the need to cover the necessary costs, ”he described the situation on the Croatian market.

However, according to him, the local government considers such an increase unreasoble and has already taken concrete steps to elimite it: “He is in contact with the sellers and their business structures. He asks in these cases to return these prices to December 31 of the previous year. Of course, she sent hundreds of inspectors to check the situation in those separate places where citizens are sigling, in quotation marks, uuthorized price increases.

‘People are calling and complaining’ Croats were surprised by the big wave of price increases after the introduction of the euro

Ambassador Hovorka also spoke about what people in Croatia currently pay the most for.: “In this context, the prices most often mentioned are pastries, coffee, chocolate, some consumer goods, beer and of course very often also some services such as hairdressing and hairdressing.”

Source: E15

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