On Tuesday, EU finance ministers gave Croatia the green light to adopt the euro single currency on January 1, 2023. The euro is set to 7.53450 Croatian kuna.
"I would like to congratulate my counterpart, Zdravko Maric, and the whole of Croatia for becoming the 20th country to join the euro area."
- Zbynek Stanjura, Finance Minister of the Czech Republic, current EU rotating presidency.
In 2013, Croatia joined the EU and expressed its willingness to adopt the single currency.
Croatia has since met the strict requirements, keeping inflation in the same range as its EU colleagues and adhering to responsible public spending.
