Croatia Shouldn’t Rush to Feuding Euro Area, Milanovic Says
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Croatia should resist rushing to adopt the euro after it joins the European Union as a feud over bailouts dims the currency’s appeal, said the head of the party that leads opinion polls before the December elections.
“Given the precarious state of affairs in Europe and in the world’s financial markets, we will see what happens over the next two to three years,” said Zoran Milanovic, the head of the Social Democratic Party in an Aug. 26 interview in Zagreb. “That’s certainly not the period in which we can even think of joining the euro zone. So we have to take our time.”