EU finally approves Croatia’s euro membership

The Council of the EU, which represents the member countries, adopted on Tuesday the last legal acts validating Croatia’s changeover to the euro on January 1, 2023.

The former Yugoslav Republic will thus become the twentieth member of the euro zone, seven years after the entry of Lithuania. Croatia will abandon its national currency, the Kuna, which will be exchanged at the rate of 7.5345 kuna for 1 euro, the Council announced in a press release.

Further details will follow.

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