13/07/2022
European Union finance ministers have given Croatia the final approval to adopt the euro single currency on January 1, 2023, replacing the 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, the finance minister of the Czech Republic, which holds the EU’s rotating presidency, said on Tuesday.
It is the first expansion of the currency bloc in almost eight years just as the euro has dropped to its lowest level against the US dollar in 20 years.
The previous EU country to join the European single-currency area was Lithuania in 2015.
The