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Croatia in throes of euro price hikes

From euractiv.com

Barely 48 hours after adopting the euro, Croatia found itself in the throes of rising prices that angered citizens, consumer protection groups, and the government. The third day of Croatia’s eurozone membership brought widespread fury over the latest price hikes related exclusively to the switch to the single currency, which the government called “perfidious exploitation and dishonest profiteering.” Croatia became the euro area’s 20th member on 1 January, complete with a flying visit from European Commission President Ursula von der Leyen to Zagreb on Sunday. On Tuesday, numerous citizens reported price hikes from ... (full story)

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  • Category: Fundamental Analysis