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ARTICLE · 28 JULY 2022

Croatia On Target For The Eurozone

Croatia's acceptance into the European Union on the 1st of July marked the beginning of the end of the Kuna as Croatia's currency ever since its introduction on 30th May 1994.

CroatiaFinance and Banking

Croatia's acceptance into the European Union on the 1st of July marked the beginning of the end of the Kuna as Croatia's currency ever since its introduction on 30th May 1994. Entering the European Union brought with it many changes be they for better or for worse and one of the most significant is upon us with Croatia entering the Eurozone in 2023. Preparations are underway to make sure that everything is ready for the new currency.

The Euro has been the currency of the European union since 1992 and with Croatia joining the Eurozone, changes will be visible in the upcoming period from small households to large companies. The question on everyone's mind is will life be more costly with the Euro?

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