Croatia adopts euro, enters borderless Europe club

Croatia's Minister of Interior Davor Bozinovic, left, pushes a button to lift the barrier at the Bregana border crossing between Croatia and Slovenia, accompnanied by Slovenian counterpart Sanja Ajanovic Hovnik, early Sunday, Jan. 1, 2023. (AP)
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Updated 01 January 2023
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Croatia adopts euro, enters borderless Europe club

  • Experts say the adoption of the euro will help shield Croatia’s economy
  • Croatia’s inflation rate reached 13.5 percent in November compared to 10 percent in the eurozone

ZAGREB: Croatia on Sunday switched to the euro and entered Europe’s passport-free zone — two major milestones for the country after joining the European Union nearly a decade ago.
At midnight, the Balkan nation bid farewell to its kuna currency and became the 20th member of the eurozone.
It is now the 27th nation in the passport-free Schengen zone, the world’s largest, which enables more than 400 million people to move freely around its members.
“It is the season of new beginnings. And there is no place in Europe where this is more true than here in Croatia,” tweeted EU chief Ursula von der Leyen, as she arrived in Croatia to mark the occasion.
She met Croatian Prime Minister Andrej Plenkovic and Slovenian President Natasa Pirc Musar at a border crossing with EU member Slovenia, and was then to head on to Zagreb.
Experts say the adoption of the euro will help shield Croatia’s economy at a time when inflation is soaring worldwide after Russia’s invasion of Ukraine sent food and fuel prices through the roof.
But feelings among Croatians are mixed.
While they welcome the end of border controls, some fear the euro switch will lead to an increase in the cost of living as businesses round up prices when they convert them.
“It will be difficult. Prices that are already high will become even higher,” said Ivana Toncic, a teacher from Zagreb.
But tourist agency employee Marko Pavic said Croatia was joining “an elite club.”
“The euro was already a value measure — psychologically it’s nothing new — while entry into Schengen is fantastic news for tourism,” he said
Use of the euro is already widespread in Croatia.
Croatians have long valued their most precious assets such as cars and apartments in euros, displaying a lack of confidence in the local currency.
About 80 percent of bank deposits are denominated in euros and Zagreb’s main trading partners are in the eurozone.
Officials have defended the decision to join the eurozone and Schengen, saying that the country thus completes its full EU integration.
Croatia, a former Yugoslav republic of 3.9 million people that fought a war of independence in the 1990s, joined the European Union in 2013.
Experts say the adoption of the euro will lower borrowing conditions amid economic hardship.
Croatia’s inflation rate reached 13.5 percent in November compared to 10 percent in the eurozone.
Analysts stress that eastern EU members with currencies outside of the eurozone, such as Poland or Hungary, have been even more vulnerable to surging inflation.
French President Emmanuel Macron on Sunday hailed Croatia’s switch to the euro, describing it as a “stable and solid” currency that had contributed to Europe’s resilience in facing the consequences of the war in Ukraine.
Earlier on Sunday, Croatian National Bank governor Boris Vujcic symbolically withdrew euros from a cash machine in downtown Zagreb.
In recent days, customers have queued at banks and ATMs to withdraw cash, fearing payment problems during the immediate aftermath of the transition period.
As the clock struck midnight, a series of events were held along Croatia’s borders with its EU neighbors to symbolize barrier-free travel.
Foreign Minister Gordan Grlic-Radman took part in a ceremony at a crossing point with EU member Hungary, where the New Year countdown ended with a traffic barrier being raised.
A similar ceremony was held at the Slovenia border, with Interior Minister Davor Bozinovic and Slovenian Public Administration Minister Sanja Ajanovic Hovnik.
“Tonight we are celebrating New Year, new Europe with Croatia in Schengen,” Bozinovic told reporters.
Croatia’s entry into the Schengen borderless area is expected to provide a boost to the Adriatic nation’s key tourism industry, which accounts for 20 percent of its GDP.
Previously long queues at the 73 land border crossings with Slovenia and Hungary will become history.
But border checks will only end on March 26 at airports due to technical issues.
And Croatia will still apply strict border checks on its eastern frontier with non-EU neighbors Bosnia, Montenegro and Serbia.
The fight against illegal migration remains the key challenge in guarding the European Union’s longest external land border at 1,350 kilometers.


Support for Israel falling across Western Europe: YouGov 

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Support for Israel falling across Western Europe: YouGov 

  • As little as 20% of respondents in 6 surveyed countries hold positive views of Israel
  • Trends mirrored in US polling, with negative sentiment among 53% of Americans

LONDON: Support for Israel in Western Europe has hit an all-time low amid the ongoing war in Gaza, according to YouGov.

Data compiled by the polling firm shows that less than 20 percent of respondents in six countries — Germany, France, Denmark, Italy, Spain and the UK — have a favorable view of Israel, with unfavorable views accounting for 63-70 percent depending on the country.

The range for those surveyed who believe Israel’s actions in Gaza have been “right” and “proportionate” goes from 16 percent in France to as low as 6 percent in Italy. In the UK, 12 percent believe Israel’s response has been proportionate.

The question of whether Israel was right to invade Gaza following the Hamas attack on Oct. 7, 2023, is slightly higher, with 29 percent of Italians and 40 percent of Germans agreeing. However, 24 percent of Italians and 12 percent of Germans feel that Israel should not have invaded Gaza at all. In the UK, 38 percent feel that the invasion was warranted, with 15 percent disagreeing.

Just 24-25 percent of French, German and Danish respondents feel that Israel has any justification continuing operations in Gaza. The total is 18 percent in the UK and 9 percent in Italy.

The highest number of people on Israel’s “side” in Western Europe is 18 percent in Denmark, while the lowest is Italy at 7 percent.
The lowest polled nation for supporting the Palestinian cause is Germany at 18 percent, while the highest is Spain at 33 percent.
The numbers of respondents believing that Hamas had any justification attacking Israel range from 9 percent to 5 percent. In the UK, the number is 6 percent.
Respondents are pessimistic about the prospects for peace in the region. The French audience is the most optimistic, with 29 percent saying they believe peace is possible in the next decade. At the other end of the spectrum is Denmark with just 15 percent.
The trends mirror polling from outside Europe. In April, Pew Research Center polling found that 53 percent of Americans held a negative view of Israel, up from 44 percent in March 2022. 
In addition, Data for Progress found that 51 percent of Americans disagreed with Israeli plans to take full control of Gaza and move Palestinian civilians.
The same percentage said US President Donald Trump should “demand that Israel agree to a ceasefire” in Gaza.


Norway fund’s ethics body reviews Israeli bank stakes over West Bank settler loans

Updated 3 min 3 sec ago
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Norway fund’s ethics body reviews Israeli bank stakes over West Bank settler loans

OSLO/LONDON/JERUSALEM: The ethics watchdog for Norway’s $1.9 trillion wealth fund is scrutinizing Israeli banks’ practice of underwriting Israeli settlers’ housebuilding commitments in the occupied West Bank in a review that could prompt up to $500 million in divestments.
The Council on Ethics, a public body set up by the Ministry of Finance, has, however, decided not to object to the Fund’s investments in accommodation platforms such as Airbnb that offer rentals in the Jewish settlements.
The body checks that firms in the portfolio of the world’s largest wealth fund meet ethical guidelines set by Norway’s parliament.
In an interview with Reuters on May 22, Council head Svein Richard Brandtzaeg said it was examining how Israeli banks offer guarantees that protect Israeli settlers’ money if the company building their home in the West Bank should fold.
Other practices are also being looked at “but this is what we can see so far,” he said. “That is what is well documented.” He declined to say how long the review would take.
Brandtzaeg did not name the banks but, at the end of 2024, the fund owned about 5 billion crowns ($500 million) in shares in the five largest Israeli lenders, up 62 percent in 12 months, according to the latest data.
The banks — Hapoalim, Bank Leumi, Israel Discount Bank, Mizrahi Tefahot Bank and First International Bank of Israel — did not answer requests for comment.
Since 2020, they have been included in a list of companies with ties to settlements in the occupied Palestinian territories compiled by a UN mission assessing the implications for Palestinian rights.
Latterly, investor concern has grown around the world over a 19-month-old Israeli onslaught that has killed more than 50,000 Palestinians and devastated the Gaza Strip in response to an attack by Hamas militants that killed more than 1,200 Israelis.
Around 700,000 Israeli settlers live among 2.7 million Palestinians in the West Bank and East Jerusalem.
Many settlements are adjacent to Palestinian areas and some Israeli firms serve both Israelis and Palestinians.
The United Nations’ top court last year found that Israeli settlements built on territory seized in 1967 were illegal, a ruling that Israel called “fundamentally wrong,” citing historical and biblical ties to the land.

ACCOMMODATION RENTALS IN WEST BANK SETTLEMENTS
In mid-2024, the Council on Ethics began a new review of investments linked to the West Bank and Gaza.
It examined 65 companies but recommended only petrol station chain Paz and telecoms company Bezeq for divestment, resulting in share sales.
The Council also scrutinized some multinationals to see if their activities in the West Bank met its guidelines.
Among them were the accommodation platforms, including Airbnb, Booking.com, TripAdviser and Expedia, named on the UN list and accounting for about $3 billion in Fund investments.
But the Council will not recommend watchlisting or divesting from those, Eli Ane Lund, head of its secretariat, said in the joint interview.
“The company’s activity must have some kind of influence on the (ethical) violations,” she said. “It’s not (enough) to have a connection, it has to have something to do with the violation, it must contribute to it.”
The Council’s recommendations go to the central bank, which is not obliged to follow them but generally does.
If investments are sold, it is done gradually to avoid alerting markets, and the decision is then made public.
Pro-Palestinian campaigners say the Council sets its bar too high for recommending divestments, and that the Norwegian government should instruct the fund to conduct a general divestment from Israel just as it did for Russia in 2022, three days after Moscow invaded Ukraine.
But most lawmakers support the Council’s approach, and are set on Wednesday to formally endorse a parliamentary finance committee’s decision not to order a wholesale boycott.

UK govt under pressure from own MPs over Israeli arms exports

Updated 32 min 23 sec ago
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UK govt under pressure from own MPs over Israeli arms exports

  • Steve Witherden: ‘We can’t claim to uphold international law while profiting from its breach’
  • London previously suspended around 30 weapons export licenses but hundreds remain

London: UK authorities are under pressure to halt arms exports to Israel from MPs within the governing Labour Party.

Foreign Secretary David Lammy suspended around 30 arms export licenses to Israel in September, amid warnings that the weapons could be used to breach international law in Gaza, but hundreds of other licenses remain in place.

During a parliamentary debate on Monday, Labour MP Steve Witherden criticized a lack of transparency on arms exports to Israel, and asked the government to explain what criteria would be needed to enact a broader ban.

He highlighted the UK’s role in the manufacture and export of parts for the F-35 fighter jet, which is used by the Israeli military.

Palestinian rights group Al-Haq has previously said the export license for F-35 parts creates a “carve-out” that gives “rise to a significant risk of facilitating crime” by the Israeli military.

Witherden said: “The foreign secretary’s recent condemnation of Israel’s action as ‘monstrous’ was welcome but incomplete, for my very same government continues to facilitate such actions.

“We can’t have it both ways. We can’t condemn atrocity whilst simultaneously fueling the machinery that enables it. We can’t claim to uphold international law while profiting from its breach.”

He added: “It’s the government’s position that the need to continue to supply F-35 components outweighs the risk of genocide and, if so, is there any circumstance that would lead to the UK stopping that supply?

“The government has claimed that there are red lines that would trigger a halt to exports, but Gaza is already a slaughterhouse.”

Witherden continued: “Children are emaciated or dying of hunger. Hospitals have been intentionally destroyed. Israel’s leaders vow to wipe out Gaza and still the weapons flow.”

He added: “I call on this government to suspend all arms exports to Israel to ensure that no British-made weapons are used in Israel’s brutal plans to annexe, starve and ethnically cleanse the Palestinian population.”

Trade Minister Douglas Alexander responded that UK rules prevent sales of F-35 components directly to Israel, but that as part of a global supply network, there are limits on what the UK could do to prevent parts reaching the country.

“Undermining the F-35 program at this juncture would, in the view of the government, disrupt international peace and security, NATO deterrence and European defense as a whole,” Alexander said, adding that he believes Israel’s actions in responding to the “act of barbarism” by Hamas on Oct. 7, 2023, have been “disproportionate” and “counterproductive to any lasting peace settlement.”

He reminded MPs of the government’s decision to suspend arms licenses shortly after taking office last year.

“This measure is still in place and I’d like to reiterate that, based on our current assessment of potential breaches of international humanitarian law, we aren’t licensing military equipment provided directly to the (Israeli military) that could be used for military operations in Gaza,” he told the House of Commons.

“It’s right to acknowledge that our export licenses granted in relation to Israel cover a wider remit than simply those items that may be used in Gaza.

“There are a relatively small number of licenses for the IDF (Israel Defense Forces) relating to equipment which we assess wouldn’t be used in the current conflict including, for example, parts of air defense systems that defend Israel from acts such as the major aerial attack from Iran in April 2024.

“We also think it’s right for us to continue providing military-grade body armor used by non-governmental organizations and journalists, and to provide parts to the supply chain which are ultimately re-exported back out of Israel to support the defense of our NATO allies.”


Russian farmers appeal to Putin for help against antelope invasion

Updated 33 min 58 sec ago
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Russian farmers appeal to Putin for help against antelope invasion

MOSCOW: Farmers in Russia’s Saratov region have appealed to President Vladimir Putin for help in dealing with an invasion of saiga antelopes that have migrated from Kazakhstan and devastated their fields.
The appeal, posted on several popular farmers’ channels on Telegram, said that the saiga population has grown uncontrollably in recent years, reaching up to one million in Russia alone.
Saratov, located along the Volga River, is the country’s sixth-largest grain-producing region, with an annual harvest of about 4 million metric tons, accounting for 3.5 percent of Russia’s total grain harvest.
Farmers reported that about 500,000 saigas crossed into Russia from Kazakhstan at the end of May. They said that thousands had drowned in local rivers, contaminating the water supply.
“We hope for your understanding and assistance in resolving this situation, which threatens the very existence of agriculture in our region,” the farmers said in their appeal. Culling or hunting saigas, which were nearly extinct in the 1990s, is prohibited in Russia.
A separate letter to Putin, signed by heads of the region’s leading farms and obtained by Reuters, said that crop losses from saigas are not covered by insurance because the animal is not yet listed as an agricultural pest.
The Saratov regional Ministry of Agriculture said on Tuesday that it has set up damage assessment commissions and is developing a mechanism to support farmers.
The surge in the population of saigas, easily recognized by their trunk-like nose that filters sand particles from the desert air, is considered a global conservation success story.
Evgeny Karabanov from Kazakhstan’s Grain Union lobby group told Reuters that an estimated 4.0-4.5 million antelopes are currently roaming in the Central Asian country, compared to only 25,000 in the 1990s.
“Their migration area has significantly expanded... No one is asking them for passports,” Karabanov said.


Philippines sees 500% increase in HIV cases among young people

Updated 39 min ago
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Philippines sees 500% increase in HIV cases among young people

  • More than 148,000 active cases recorded in the country
  • HIV testing, treatment are free in state-run facilities 

MANILA: The number of young Filipinos infected with HIV has increased by 500 percent, Health Secretary Teodoro Herbosa said on Tuesday, as he called for a national public health emergency to be declared. 

The Philippines has been facing the fastest-growing HIV epidemic in the Western Pacific region due to the continuous rise in infections. 

Health officials have been recording around 56 new cases daily since the beginning of April, a total of 5,101. The latest figure is approximately 50 percent higher than during the same period last year. 

“We’ve seen a 500 percent increase in HIV cases among those aged 15 to 25. In fact, the youngest person diagnosed was just 12 years old, in the province of Palawan,” Herbosa said in a video statement. 

“Based on our data, we now have the highest number of new cases in the Western Pacific region. What’s frightening is the high number of new cases among our youth.” 

The Philippines saw a 543 percent increase in new infections between 2010 and 2023, according to the UNAIDS global report released in November. 

There are currently 148,831 active HIV cases in the country, which has a population of 117 million.

While the spread of HIV has slowed drastically in many parts of the world since the epidemic’s peak in 1995, infections have been rising steeply for over a decade in the Philippines. Officials recorded 48 daily cases on average last year, compared to 21 in 2014.

The government has warned that if the current trend continues, the number of people living with HIV could more than double. 

“If we don’t stop the increase in HIV cases, we could reach over 400,000 people living with HIV … It would be better to declare a public health emergency or national emergency for HIV, so that the entire society and government can work together in this campaign to reduce new cases,” said Herbosa.

Though screening for the virus and treatment is free in state-run clinics, stigma surrounding HIV continues to be a major barrier for many Filipinos. 

Only 55 percent of those living with the virus in the Philippines have been diagnosed, according to government data, while only 66 percent of those are on lifesaving antiretroviral therapy. 

“Some people are afraid to get tested,” Herbosa said. “We now also have HIV self-test kits in the Philippines, and I hope these self-test kits are used, especially to address the stigma.”