February 6, 2023

Taylor Daily Press

Complete News World

Croatians see a sharp rise in prices after the introduction of the euro | Economie

Two days after the introduction of the euro, many Croats are shocked by what they see as sudden price increases in their country. There are many complaints on social media about food becoming (much) more expensive. The effect can also be felt in the hospitality industry. Finance Minister Davor Filipović said he would investigate the matter and promise to take action if necessary.

Filipovic believes that the situation is being abused in commerce. Already worrying inflation will only be partially pushed back by the switch to the euro.

The Croatian currency, the kuna, has been officially replaced by the euro since January 1. It is still possible to pay with Kona until January 14th, but it should have expired by then. The price of one euro is 7.44 kuna. Redemption is possible until the end of February.

According to reports on social media, the cost of a cup of coffee in a café – calculated in euros – is 10 to 20 cents more expensive than it was at the end of December. A loaf of bread would be seven cents more expensive, cheese a quarter more expensive and pizza a third more expensive.

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