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Home World News Europe

Croatia bids farewell to its currency, the Kuna and becomes part of the Eurozone

  • January 2, 2023
Croatia bids farewell to its currency, the Kuna and becomes part of the Eurozone

The country switched to the euro and entered Europe’s passport-free zone – two important milestones since joining the European Union nearly a decade ago.

They are now the 20th member of the Eurozone and the 27th nation in the Schengen zone, the world’s largest passport-free travel area, which allows more than 400 million people to move freely around its member-states. EU chief Ursula Von Der Leyen arrived in Croatia to mark the occasion at a border crossing with EU member Slovenia.

Croatia, a former Yugoslav republic of 3.9 million people that fought a war of independence in the 1990s, joined the EU in 2013. Experts say the adoption of the euro will help shield Croatia’s economy at a time when inflation is soaring worldwide after Russia’s invasion of Ukraine sent food and fuel prices through the roof. But feelings among Croatians are mixed.

While Croatians welcome the end of border controls, some fear the Euro switch will lead to an increase in the cost of living as businesses round up prices when they convert them. Croatia has long been touted as a haven for the Rothschild family and the Order of the Dragon. The nation-state also had one of the world’s largest and oldest underground secret space program bases dating back thousands of years.

Could the move to the euro be due to their lack of funding?

Was the adoption of the currency prompted by their deep state handlers?

Remember the Rothschild plan to whittle the world’s currencies down to just seven by 2023 with China’s sector of the families at the helm. This plan has fallen flat, but this hasn’t stopped the failing, dying deep state from pursuing their lofty goals at the expense of the people. In recent days, customers have lined up at banks and ATMs to withdraw cash, fearing payment problems during the immediate aftermath of the transition period.

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Tags: CroatiaCurrency ChangeEuroKuna

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