Croatians see sharply higher prices after introduction of euro | Economy

Two days after the introduction of the euro, many Croatians are shocked by what they consider to be sudden price increases in their country. There are many complaints on social media about food that has become (much) more expensive. The effect can also be felt in the hospitality industry. Finance Minister Davor Filipovic says he will investigate the matter and promises to take measures if necessary.

Filipovic thinks that the situation is being abused in the trade. The already worrying inflation would be partly pushed up further with the conversion to the euro.

The Croatian currency kuna has been officially replaced by the euro since 1 January. It is still possible to pay with kuna until January 14, but it must be over by then. There are 7.44 kuna in one euro. Redemption is possible until the end of February.

According to reports on social media, a cup of coffee in a café – calculated in euros – is 10 to 20 cents more expensive than at the end of December. A loaf of bread would be 7 cents more expensive, cheese a quarter more expensive and a pizza almost a third more expensive.

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