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Croatia to adopt the euro by 2023

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

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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.

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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.

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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.

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