Croatia is looking to initiate the process to join the Eurozone, hoping to fulfill a commitment made under its EU accession agreement. Deputy Prime Minister and Economy Minister Martina Dalić commented, “”The government, together with the Croatia National Bank (CNB), estimates that it is a good time to initiate proceedings in the Eurozone, which is the medium-term objective. It can not be done in the short time or overnight. CNB has produced an analysis of the costs and benefits of accession to the euro area and at the end of the month will begin public debate on the issue.” (Večernji)

Related News

  • Croatian President and Putin to Meet in Moscow to Discuss BiH

    "The President of Croatia Kolinda Grabar-Kitarović will pay an official visit to Russia and meet with President Vladimir Putin next week, with the aim to induce bilateral relations that have been neglected for years...One of…

  • Holocaust Revisionism Accusations in Croatia

    The World Jewish Congress published a 4,000 word position paper this week urging the world community to oppose “brazen attempts” to revise Holocaust history in Croatia. This follows boycotts in 2016 and 2017 of official Holocaust…

  • Slovenia Has Border Plan With(out) Croatia

    "If there is no agreement with Croatia, Slovenia reportedly has another plan. Slovenian Prime Minister Miro Cerar will invite Croatian Prime Minister Andrj Plenković to resume their border dialogue this week, writes Delo daily from…

  • Indian Pharma Giant Invests Big in Croatia

    Mumbai-based ACG chose Zagreb as its headquarters for the European and Russian markets. The office will focus on quality control and create up to 30 new jobs. ACG is best known for manufacturing hard gelatin…

  • Day Two: Grabar-Kitarovic Feeling Diplomatic, Holy

    "President of the Republic of Kolinda Grabar-Kitarovic met in Moscow with Prime Minister of the Russian Federation Dmitry Medvedev on the second day of her official visit to the Russian Federation. During the talks, President…

  • Vučić Ready to Hold Trilateral Meetings With BiH, Croatia

    Serbian Prime Minister Aleksandar Vučić has stated that his country is ready to host a trilateral meeting between Serbia, Croatia, and Bosnia and Herzegovina. Vučić stated that Bosnia is "one of the most important political…