Croatia is to be admitted to the EU monetary union, and will start using euro on 1st January 2023.
“It’s official – Croatia will join the euro area as of 1 January 2023. This outcome is the result of tremendous efforts by Croatia and its citizens to meet all the necessary economic and legal requirements,” said Christine Lagarde, President of the European Central Bank.
“I would like to congratulate my counterpart, Zdravko Maric, and the whole of Croatia for becoming the 20th country to join the euro area,” said Zbynek Stanjura, the finance minister of the Czech Republic, which holds the EU’s rotating presidency.
Croatia’s switch from the kuna to the euro will come less than a decade after the the country joined the EU.
Congratulations Croatia! Čestitam, Hrvatska! 🇪🇺🇭🇷 pic.twitter.com/NUy984z3Ok
— Christine Lagarde (@Lagarde) July 12, 2022
Photo: twitter.com/Lagarde
