Croatia Joins the Eurozone and Schengen Area

Croatia is ringing in the new year with some big changes as the country becomes the latest member of the eurozone and the Schengen area. While the open borders are welcomed on both sides, Croatians are wary about the switch to the euro. According to a European Commission survey, 55% of the country’s citizens are in favor of the introduction of the euro, but almost half are concerned about negative consequences and only a third believe the country is well-prepared for the change. Many Croatians also fear that the switch to the euro will lead to higher prices, a concern that has grown in recent years after the COVID-19 pandemic severely impacted Croatia’s tourism-dependent economy.

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