ZAGREB, May 17, 2019 - Croatia still is not ready for the introduction of euro currency and citizens should be allowed to decide at a referendum whether they want the country to enter the eurozone, MOST leader Božo Petrov told a press conference on Friday.
"Croatia is still not ready to introduce the euro. It's time the government and HNB (Croatian National Bank) start telling the people the truth and not versions or interpretations of the truth," Petrov said, who is running in the election for the European Parliament.
In most of the countries that introduced the euro that caused a serious blow to citizens' standards due to prices increasing and the standard in Croatia is much lower than it is in those countries, he said.
"Apart from that, the government still hasn't conducted structural reforms that should secure the stabilisation of the country's finances and long-term stable economic growth. The only alleged reform that the government has implement is the pension reform which citizens rejected a few days ago," Petrov added.
At the same time, over the past two years the government has increased state spending by 20 billion kuna, meaning that it spends 20 billion kuna more on itself, he said.
"That is why I believe that the government and HNB's proposal to introduce the euro is irresponsible as is the way the government has been running the country over the past three years," Petrov underscored.
More news about the introduction of euro can be found in the Business section.
