Introduction of the Euro in 2023 and Possible Effects on Tourism in the Republic of Croatia

Elvis Mujačević – Fakultet za menadžment u turizmu i ugostiteljstvu Opatija, Katedra za međunarodna ekonomska ulaganja, Sveučilište u Rijeci, Primorska 46, pp. 97., 51410 Opatija, Hrvatska

Zrinka Martić – Studentica diplomskog studija Menadžment događaja i slobodnog vremena, Fakultet za menadžment u turizmu i ugostiteljstvu Opatija, Sveučilište u Rijeci, Primorska 46, pp. 97., 51410 Opatija, Hrvatska

Ključne riječi:
Europska unija; Euro; Europski tečajni mehanizam; Maastrichtski kriteriji; Euroizacija;
Pozitivne posljedice; Negativne posljedice; Percepcija građana; Turizam

Keywords:

European Union; Euro; European exchange rate mechanism; Maastricht criteria; Euroization;
Positive consequences; Negative consequences; Perception of citizens; Tourism

DOI: https://doi.org/10.31410/EMAN.2023.347 

Sažetak: Hrvatska je 1. srpnja 2013. godine postala članica Europske unije te se time ujedno i obvezala uvesti euro kao nacionalnu valutu čim na to bude spremna. Kada se makroekonomska situacija Hrvatske počela razvijati u pozitivnom trendu, nastupio je ulazak u Europski Tečajni Mehanizam (ERM II) 10. srpnja 2020., svojevrsnu čekaonicu za euro koja priprema državu za veliku promjenu. Iako je Hrvatska duboko euroizirana zemlja, čekaju je mjeseci prilagodbe na euro u smislu prilagođavanja cijena, informacijsko-komunikacijskih kanala te sprečavanje mogućih kriza i šokova koji mogu pogoditi ekonomiju zemlje prilikom konverzije. Da bi se šokovi minimizirali, nastoje se ispuniti Maastrichtski kriteriji. Navedene su sve moguće pozitivne, ali i negativne posljedice koje se mogu očekivati te je kroz anketu o percepciji građana prikaza¬na njihova razina informiranosti o prelasku na euro, ali i strahovi poput povećanja cijena, inflacije, gubitka nacionalnog suvereniteta, kao i pozitivnih posljedica koje će se odražavati na turizam.

Abstract: On July 1, 2013, Croatia became a member of the European Union and thereby also committed to introducing the euro as its national currency as soon as it is ready. When Croatia’s macroeconomic situation began to de­velop in a positive trend, it entered the European Exchange Rate Mechanism (ERM II) on July 10, 2020, a kind of waiting room for the euro that prepares the country for a major change. Although Croatia is a deeply euroized coun­try, months of adjustment to the euro await it in terms of adjusting prices, in­formation and communication channels, and preventing possible crises and shocks that may affect the country’s economy during the conversion. In order to minimize shocks, efforts are being made to fulfill the Maastricht criteria. All possible positive and negative consequences that can be expected are listed, and through a survey on the perception of citizens, their level of information about the transition to the euro is shown, as well as fears such as price increas­es, inflation, loss of national sovereignty, as well as positive consequences that will reflect on tourism.

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7th International Scientific Conference – EMAN 2023 – Economics and Management: How to Cope With Disrupted Times, Ljubljana, Slovenia, March 23, 2023, CONFERENCE PROCEEDINGS, published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-69-1, ISSN 2683-4510, DOI: https://doi.org/10.31410/EMAN.2023

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

Suggested citation

Mujačević, E., & Martić, Z. (2022). Uvođenje eura 2023. godine i mogući utjecaji na turizam u Republici Hrvatskoj. In V. Bevanda (Ed.), International Scientific Conference – EMAN 2023: Vol 7. Conference Proceedings (pp. 347-360). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/EMAN.2023.347

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