From Sunday, you can only pay in euros in Croatia
Croatia joined the Eurozone on January 1st, and after the two-week transition period, payments can only be made in euros in the country from Sunday, wrote the Croatian daily Vecernji List.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2023/01/pexels-pixabay-128878.jpg)
Payment only accepted in euro from now on
Based on the practice of countries that have introduced the euro as their national currency, the Croatian National Bank (HNB) expects that citizens will redeem 1.1 billion coins and 500 million banknotes in circulation during the specified period.
They added: the weight of kuna coins is equivalent to the weight of 124 trams in Zagreb, i.e. 5,600 tons, while the banknotes, if stacked, would form a column fifty kilometers high, which is six times higher than Mount Everest.
So far, 2,600 tons of the coins have been received, and they have been piled up in a warehouse of the Croatian army designed for this purpose, where they will be stored for 54 months. It is then crushed and used in the construction industry as a secondary raw material.
Related news
The increase in real wages affects consumption, which is important for stimulating the economy
The increase in real wages means that more money remains…
Read more >Is it worth paying in euros when shopping? The exchange rate is higher, beware!
Every summer, the question arises as to how much it…
Read more >GKI: Do Hungarians really pay a lot of taxes?
In public discourse, we often encounter criticism of high domestic…
Read more >Related news
Valeo Foods Completes Acquisition Of Appalaches Nature
Valeo Foods Group has completed the acquisition of Appalaches Nature,…
Read more >Carrefour grows in France and Brazil, lags behind in rest of Europe
Carrefour says it is rather pleased with its financial results…
Read more >Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items…
Read more >