One more nation to adopt euro ...News

Russia Today - Economy
One more nation to adopt euro
source : Russia Today ( News ) () 18
Croatia is set to become the 20th member of the eurozone The Croatian parliament has approved a law on adopting the euro on January 1, 2023. Lawmakers voted 117-13 in favour of replacing the kuna with the European single currency. Under the legislation, prices in Croatia will be displayed in both currencies from September this year, and used in parallel use throughout next year. The government says the adoption of the euro should remove currency risk, reduce interest rates, improve the Croatian credit rating and pave the way for more investment. A major challenge for Croatia, which joined the European Union in 201

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