Maric – Lagarde – Photo © European Union 2022
(BRUSSELS) – The EU Council adopted the last three legal acts to enable Croatia to become a member of the euro area Tuesday, paving the way for Croatia to introduce the EU’s common currency on 1 January 2023.
Czech Minister of Finance Zbynek Stanjura, for the EU presidency, congratulated Croatia on becoming the 20th country to join the euro area. “Adopting the euro is not a race, but a responsible political decision,” he said: “Croatia has successfully completed all the required economic criteria and they will pay in euros as of 1 January 2023.”
One of the three legal acts sets the conversion rate between the euro and the Croatian kuna at 7.53450 kuna per 1 euro. This corresponds to the current central rate of the kuna in the exchange rate mechanism (ERM II).
Council decision on the adoption by Croatia of the euro on 1 January 2023
Council regulation as regards the introduction of the euro in Croatia
Council regulation as regards the conversion rate to the euro for Croatia
