Main page > About the company > News and mailing > Jurisdictions news > Croatia enters the Eurozone

Croatia enters the Eurozone


				09.07.2019
						

On July 4th, 2019, Croatia notified the EU of its intention to join the ERM II mechanism (European Exchange Rate Mechanism) in its official letter. This mechanism is necessary for the introduction of a single currency-the Euro.

The European Central Bank approved Croatia's intention. In turn, the country has adopted a number of commitments relating to combating money-laundering, financing of terrorism and reducing the tax and administrative burden. When these obligations are met, the EU will make a decision on the application to join the exchange rate mechanism within 1 year.

Croatia became member of the EU in 2013. At the moment the currency of Croatia is kuna.

On materials of the following website: https://www.consilium.europa.eu/en/press/press-releases/2019/07/08/statement-on-croatia-s-path-towards-erm-ii-participation/

Back to the list news

Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: +44 203 608 22 48
E-mail us: london@hbcomp.co.uk


News

09/25/2019 22:40:00

Ukrainian authorities reduce pressure on business

On September 18th, 2019, the Verkhovna Rada of Ukraine adopted the ...

Read more

09/24/2019 13:46:00

Dutch tax plans for 2020

On September 17th, 2019, a draft tax amendment for 2020 was introd ...

Read more

09/12/2019 11:23:00

Ukraine ratifies the FATCA

On September 6th, 2019, the Cabinet of Ministers of Ukraine approv ...

Read more