{"id":4323,"date":"2022-06-07T08:35:44","date_gmt":"2022-06-07T07:35:44","guid":{"rendered":"https:\/\/finseta.com\/?p=4323"},"modified":"2022-08-08T11:22:03","modified_gmt":"2022-08-08T10:22:03","slug":"eu-commission-formally-declares-croatia-is-ready-for-the-euro","status":"publish","type":"post","link":"https:\/\/finseta.com\/ae-en\/eu-commission-formally-declares-croatia-is-ready-for-the-euro\/","title":{"rendered":"EU Commission formally declares Croatia is ready for the Euro"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4323\" class=\"elementor elementor-4323\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4902e550 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4902e550\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2ba2ef1d\" data-id=\"2ba2ef1d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4e324026 elementor-widget elementor-widget-text-editor\" data-id=\"4e324026\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The Commission of the European Union declared over the weekend that <a href=\"https:\/\/finseta.com\/knowledge-hub\/country-profiles\/croatia\/\">Croatia<\/a> has formally met all the convergence criteria required to adopt the Euro.<\/p><p>This means that the country in the eyes of the Commission the country has:<\/p><p>1) Low inflation rates, <br \/>2) No excessive government deficit<br \/>3) Existing currency pegged to the Euro for two years<br \/>4) No high-interest rates<br \/>5) A legal framework that\u2019s ready for Euro membership<\/p><p>The final stages are for the EU Parliament to approve the EU Commission&#8217;s findings and for the Member States to give their approval. This is seen though as a technicality, with few expecting anybody to oppose at this late stage.<\/p><p>The findings of the EU Commission make this the last major step on the road to seeing the <a href=\"https:\/\/finseta.com\/knowledge-hub\/currencies\/croatian-kuna\/\">Kuna (HRK)<\/a> replaced on Jan 1st next year.<\/p><p>(If you want to read more about who else is set to join the Euro, read our related blog post &#8220;<a href=\"https:\/\/finseta.com\/2022\/04\/04\/which-country-will-join-the-euro-next\/\">The Euro, who will join next<\/a>&#8220;).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19e92bdf elementor-widget elementor-widget-spacer\" data-id=\"19e92bdf\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Commission of the European Union declared over the weekend that Croatia has formally met all the convergence criteria required to adopt the Euro. This means that the country in the eyes of the Commission the country has: 1) Low inflation rates, 2) No excessive government deficit3) Existing currency pegged to the Euro for two [&hellip;]<\/p>\n","protected":false},"author":221728552,"featured_media":5124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[1370],"tags":[1447,1525,1377,1526,1460,1493],"class_list":["post-4323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-croatia","tag-eu","tag-eur","tag-euro","tag-european-union","tag-hrk"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EU Commission formally declares Croatia is ready for the Euro - Finseta<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/finseta.com\/ae-en\/eu-commission-formally-declares-croatia-is-ready-for-the-euro\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU Commission formally declares Croatia is ready for the Euro\" \/>\n<meta property=\"og:description\" content=\"The Commission of the European Union declared over the weekend that Croatia has formally met all the convergence criteria required to adopt the Euro. 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