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🧵For Croatia, joining the euro area on 1 January 2023 is an incredible success, says President Christine Lagarde. It’s wonderful to welcome the 20th member to the family as we round off celebrations of the 20th anniversary of euro cash.
Interview https://www.ecb.europa.eu/press/inter/date/2022/html/ecb.in221231~16c85cd5a3.en.html
Lagarde: ECB policy rates must be higher to curb inflation and bring it down to our 2% target. That process is essential to prevent inflation from becoming entrenched in the economy.
Lagarde: Croatia has implemented the necessary restructuring and has done everything to ensure its public finances remain sound. It should not now rest on its laurels but continue to implement structural reforms.
🐦🔗: https://n.respublicae.eu/ecb/status/1609082849658867712