Saturday, 30 October 2021

Euro Introduction Referendum: 157 Thousand Signatures Collected in Zagreb

October 30, 2021 - Croatian authorities such as the President, the PM, the FinMin and the HNB have recently commented on the process of euro introduction. Meanwhile, a collection of signatures is being carried out throughout the country to promote a euro introduction referendum to reaffirm the kuna as the official currency in Croatia.

Marko Milanović Litre, Member of Parliament of the Croatian Sovereignists and a representative of the Organizing Committee of the euro introduction referendum initiative Let's Protect the Croatian Kuna, said in Zagreb today that 157,000 signatures had been collected in five days and that the organizers were satisfied with the collection dynamics, reports Index.hr.

The initiative for the euro introduction referendum was launched by the Croatian Sovereignists, the Croatian Party of Rights, the Independent for Croatia, and the Generation of Renewal, and by November 7 they should collect 368,867 valid signatures of citizens. 

Signatures are collected at 250 locations throughout the country, and citizens thus declare whether they are in favor of the provision in the Constitution that the currency of the Republic of Croatia is the kuna, which is divided into one hundred lipa, and that the decision to change the currency is made by voters in a referendum.

"In the first five days, thanks to our volunteers, members of the Croatian Party of Rights, and Croatian Sovereignists, we managed to collect 157,000 signatures by 5 pm yesterday'', Milanović Litre told a news conference at the place where signatures are collected in Zagreb's central square.

He expressed satisfaction with the dynamics of collecting signatures.

"At the moment, we are satisfied with the dynamics of collecting signatures, especially after the first day and the media presence we received. It is much clearer to people what we stand for and what our goal is with this referendum initiative, which is greater democracy in Croatia", Milanović Litre said.

He assessed that the ruling party is ignorant of their initiative and stated that Croatia has the right to decide at what point it will accept the euro.

"They can repeat their mantras that it has already been decided in a referendum on joining the EU, which is not true. That is half the truth. Croatia has the right to decide when to adopt the euro. It must not be a decree of one person and his interests, but the decision of the Croatian people to decide on their own destiny", Milanović Litre said, among other things.

"We will fight for the kuna to remain because we are currently in the biggest economic crisis in human history and we cannot rush into a new monetary union that will have its own interests'', said Croatian Sovereign MP Milanović Litre.

For more, check out our politics section.

Saturday, 1 June 2019

Zdravko Marić Discusses Shipbuilding, Taxes and Croatia's Eurozone Entry

In conversation with Dnevnik Nova TV, Croatian Finance Minister Zdravko Marić revealed just how much taxpayers in Croatia had to pay out in guarantees for the country's ailing shipbuilding industry and the negative effects of the introduction of the euro as the country's official currency, a move which could happen in five years.

Will citizens and entrepreneurs feel economic growth? For example, will the non-taxable portion of salaries (take home pay) increase?

Entrepreneurs and citizens contribute the most to this economic growth. They create it on the one hand, and when it happens, as a result, we need to strive in the sense of measures, in order to raise the growth rates further.

To increase non-taxable parts of salaries?

It's still early to talk about the details. Salary growth has achieved positive effects. We should continue in that same direction. In terms of how much space there is [to move] on income tax, there's even more [space] in terms of the part of the non-taxable part itself. Remember the measure from December last year. More than 1.2 billion kuna was also paid by employers to their employees.

Is there any room to reduce excise duty on fuel?

You should also look at a comprehensive picture in the segment of indirect taxes. As a rule, there's always something that we have to take into special consideration because of the share of indirect taxes, Croatia is at the very top of the EU. But we should also take that into consideration in a broader context.

When you reduce fuel excise, you know for yourself that the price of everything drops.

Not as a rule always. To the last change in VAT, when we lowered taxes in our history, there's been no price reduction. But in the last couple of months, we've seen lower prices of fruit or meat, while fish and vegetables have even increased.

And in the hospitality industry by 13 percent?

This is the topic we'll also discuss.

Is the end of the issuing of shipbuilding guarantees?

This is unfortunately like in one of those ads when there's something extra at the end. I have to tell Croatian citizens that as of today, 4,420,000,000 kuna has been paid, and in the last couple of days the guarantees for the Jaružela ship, a great ship, have been protested, as well as two additional ones. Only 120.000.000 kuna is left. They're enormous sums of money. You can't be satisfied with the fact that we've paid for the construction of ships that haven't ever even been built as a finance minister or as a taxpayer.

What are the negative effects of the introduction of the euro?

Due to their very good knowledge and their history of experience with hyperinflation, devaluations before the introduction of the kuna, Croatian citizens say that in the first place, they're afraid of price increases. This needs to be taken seriously. It's a topic that doesn't happen overnight. There are several steps to take along that path. All measures must be taken to minimise any dangers and risks. And that all of the positive benefits manifest and come into effect as much as possible.

Make sure to follow our politics page for much more on the political scene in Croatia. 

Click here for the original article from Poslovni Dnevnik

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