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Croatia: former PM Kosor warns of dangers from euro adoption

Due to galloping inflation

04 July, 09:53
(ANSA) - BELGRADE, JUL 4 - Croatia should not have rushed into joining the eurozone on January 1, 2023, which promises to be difficult, with rising prices and falling living standards, former Prime Minister Jadranka Kosor warned in an interview published on Sunday in the weekly Nacional. We agreed to adopt the euro by signing the EU accession treaty, but when and under what conditions, Kosor explained.

"In the conditions of galloping inflation, which is not slowing down, we should have stopped to think. The autumn will be very hard. Many among us barely make ends meet and will be pushed to the edge of existence," Kosor said in the interview, the portal Euractiv reported "And the start of next year could be fatal for the lives of many", people "have high loans, small salaries, many have been damaged by the earthquake, and are financially exhausted by inflation and poverty," she underscored. (ANSA).

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