Astrid Mitchell
Editor

Tuesday, August 2, 2022

Categories
Central Banks

Croatia Gets Green Light to Adopt Euro in 2023

Celebrating the eurozone’s newest member are, from left to right, Christine Lagarde, President of the ECB, Zdravko Marić, Croatia’s Finance and Vice Prime Minister, Zbyněk Stanjura, the Czech Finance Minister and Chair of ECOFIN, and Valdis Dombrovskis and Paolo Gentiloni of the European Commission.

Celebrating the eurozone’s newest member are, from left to right, Christine Lagarde, President of the ECB, Zdravko Marić, Croatia’s Finance and Vice Prime Minister, Zbyněk Stanjura, the Czech Finance Minister and Chair of ECOFIN, and Valdis Dombrovskis and Paolo Gentiloni of the European Commission.

It’s official – Croatia has been given the green light to adopt the euro as its currency. On 12 July the Council of the European Union formally approved its accession to the euro area on 1 January 2023.