Croatia to adopt the euro by 2023

Croatia to adopt the euro by 2023

Croatia to adopt the euro by 2023
Advertisement
Croatia is expected to adopt the euro on January 1, 2023.
Advertisement

“Croatia will use only the euro” after meeting with European Commission spokesman Valdis Dombrovskis after the transition period from January 1-15, 2023, Plenkovic told a news conference.

Meanwhile, Plenkovic urged Croatian Deputy Prime Minister and Finance Minister Zdravko Maric to “monitor the situation” to prevent inflation.

Read more: Biden sends missile systems to Ukraine

Starting in September this year, retail prices are in Croatian kuna and euros. Dombrovskis said Croatia’s use of the euro would be a “historic achievement” after 10 years of EU membership.

Advertisement

Croatia needs the approval of the EU finance minister, who will provide full support in July.

“We have had a positive result. So we expect the normal process to be completed and Croatia to be able to join the Eurozone next year,” said Valdis Dombrovski, the EU’s vice president.

Read more: Namibia to host first radio telescope in Africa

Dombrovskis, the commission’s chief economist, will visit Zagreb on Thursday for formal consultations with the Croatian government.

Plenkovich told a news conference in Berlin that the country’s goal was to reach the Schengen border that day.

For the latest International News Follow BOL News on Google News. Read more on Latest International News on oldsite.bolnews.com

Advertisement
Advertisement
Read More News On

Catch all the International News, World News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Follow us on Google News.


End of Article

Next Story