The knowledge acquired from the study will be useful in the future when it comes to implementing relevant information activities to deliver excellent responses to people’ inquiries and concerns. In other words, it is necessary for the meticulous planning of subsequent phases in the process.
The poll was done four times by March 2021: in August 2018, February 2019, March 2020, and February 2021. In the telephone research, a nationally representative sample of 1,000 respondents, ages 18 to 79, is polled (CATI). The study examines four topic units: citizens’ usage of the euro in the Republic of Croatia, information about the euro’s introduction in the Republic of Croatia, citizens’ attitudes toward the euro’s introduction in the Republic of Croatia, and expectations from the euro’s introduction. The Ipsos agency conducts the research for the CNB.[1]
Poll revealed that the percentage of citizens who support the euro’s adoption has risen from 41% to 45 percent since the last round of data. 19% of citizens express an outright opposition to the euro’s implementation, while 26% are either conditionally against or conditionally in favour of the euro’s introduction, and 10% do not know or do not have an answer. Furthermore, an increasing number of individuals feel that the euro will have a favourable impact. The advantages of the euro, according to citizens, include quicker and simpler payments and commercial transactions, as well as the fact that the euro is the single currency in the euro region, putting us on par with other members of the monetary union.
Comparison with other states[2]
The importance of the exchange rate as a component of stabilization and growth is the major reason for keeping national currencies. This is especially appealing to nations with low levels of euroization, such as Poland, Hungary, and the Czech Republic, where credit euroization is between 10% and 25%.
On the other hand, due to high levels of euroisation (40-60%) and the adoption of a currency clause, substantial depreciation of the local currency in countries like Bulgaria, Croatia, and Romania might imperil financial stability.
In nations that have not yet adopted a unified currency, public opinion is mixed on the euro. According to a recent Eurobarometer poll, 57% of respondents from the six eurozone member nations support the adoption of a unified currency, although there are significant disparities between them.[3]
Romania (75%) and Hungary (69%) have largely good views of the eurozone, whereas the Czech Republic (33%), and Sweden (43%), have negative views. In Croatia, 61% of respondents favour the introduction of the euro, 37% oppose it, and 2% are undecided.
Jozo Peric, analyst of CapitalPanda
Paid cooperation
[1] CNB poll: https://www.hnb.hr/-/raste-podrska-uvodjenju-eura-rezultat-anketnog-ispitivanja-hrvatskih-gradjana-u-veljaci-2021
[2] CNB 20y-anniversary euro: https://www.hnb.hr/documents/20182/3050637/p-049.pdf/dabe9d48-34ba-d5f3-526c-22eae3a596d0
[3] Eurobarometer: https://ec.europa.eu/info/business-economy-euro/euro-area/public-opinion-euro_en
