A further step has been taken in the process leading to Croatia’s accession to the euro area at the beginning of 2023 after the Eurogroup endorsed the European Commission’s positive recommendation in Luxembourg on Thursday, 16 June (see EUROPE B12693A1).
“Ministers agreed with the European Commission’s and the European Central Bank’s positive assessment of Croatia’s fulfilment of convergence criteria,” the press release states. Delighted with this development, President...