Croatia advances in euros: no further exchange needed from 2023 - Politics Abroad

Good news for all Croatian travelers!

From next year, the holiday fund will not have to be changed to the national currency Kuna. Because: Croatia will enter the euro on January 1, 2023.

The European Commission gave the green light to introduce the new currency on Wednesday.

The European Commission said in Brussels on Wednesday that the European country is “ready to introduce the euro on January 1, 2023”. Croatia plans to replace the former kuna currency with the euro from next year. This requires the approval of the commission.

► The Brussels Authority found that Croatia met the necessary criteria. Among other things, the commission analyzed inflation and exchange rate stability in the country, which has been part of the European Union since 2013.

Commission President Ursula von der Leyen (63) said Croatia’s entry into the eurozone would boost the Croatian economy and “also strengthen the euro”.

A report from the European Central Bank on Wednesday also concluded that Croatia has met the requirements for adopting the euro.

Of the 27 member states of the European Union, 19 are currently using the euro as their currency. In addition to Croatia, there are national currencies of Denmark, Bulgaria, Sweden, Romania, Hungary, Poland and the Czech Republic.

Now member states still have to agree to convert Croatia into the single currency. This is expected to happen in the summer.

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