Fittex

On 1 January 2023, Croatia is set to become the 20th country to join the euro area and adopt the common currency. Two independent assessments, from the European Commission and the European Central Bank (ECB), found that Croatia fulfils the requirements for accession to the euro area. Nonetheless, significant challenges remain in order for Croatia to be able to maintain a sustainable convergence path in the medium term.

L-Unjoni Ekonomika u Monetarja (UEM) hija r-riżultat ta' integrazzjoni ekonomika progressiva fl-UE. Hija espansjoni tas-suq uniku tal-UE, b'regolamenti komuni dwar il-prodotti u moviment liberu ta' merkanzija, kapital, ħaddiema u servizzi. Ġiet introdotta munita komuni, l-euro, fiż-żona tal-euro, li attwalment tinkludi 19-il Stat Membru tal-UE. It-28 Stati Membri kollha – bl-eċċezzjoni tar-Renju Unit u d-Danimarka – iridu jadottaw l-euro wara minimu ta' sentejn parteċipazzjoni fl-ERM II u wara li ...

Adopting the single currency is the third stage of Economic and Monetary Union (EMU). Even though all Member States participate in EMU, not all of them use the euro: the United Kingdom and Denmark have opted out, while Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania and Sweden are yet to adopt it, being formally obliged to do so under the Maastricht Treaty. Before this happens, they need to fulfil the convergence criteria of price stability, soundness and sustainability of public ...