ZAGREB, May 10, 2018 - The Croatian National Bank (HNB) intervened on the foreign exchange market on Thursday by purchasing 320.5 million euro from commercial banks to prevent appreciation pressure on the domestic currency, the kuna.
ZAGREB, May 10, 2018 - Prime Minister Andrej Plenković said on Thursday he was absolutely confident that Croatia was prepared to launch the process of conversion to the euro, and underscored that the country would have lasting and multiple benefits from having the euro as the legal tender, while the costs of the changeover would be mainly low and short-term.
ZAGREB, February 12, 2018 - Croatia's gross international reserves stood at 15.7 billion euro at the end of 2017, which was 16.2% or 2.2 billion more compared to the end of 2016, figures released by the Croatian National Bank (HNB) show.
ZAGREB, February 6, 2018 - The Croatian Economic and Social Council (GSV) on Monday discussed plans for the convergence to the euro, and concluded that the benefits would be higher than disadvantages, calling on the authorities to implement necessary reforms to this end.
The central bank bought 405 million euros in order to decrease the value of the kuna.
Croatia will ratify the EU’s Fiscal Compact, but without crucial provisions which control public spending.
European Commission President Juncker has proposed new measures to help countries introduce the common currency.
Betters days coming for Croatian exporters?
The introduction of euro is usually followed by a substantial increase in prices.
Deputy Prime Minister Dalić thinks that Croatia is an excellent candidate for the euro.