Balkans | Croatia expects to see the results of Schengen and eurozone accession by the end of the year

Home » Balkans | Croatia expects to see the results of Schengen and eurozone accession by the end of the year
Balkans |  Croatia expects to see the results of Schengen and eurozone accession by the end of the year

Croatian Prime Minister Andrej Plenkovic, one of the youngest members of the European Union, said they would see the results of his country’s accession to the Schengen area and the eurozone at the end of the year.

Plenkovic, who participated in a conference titled “The 20th Member of the Eurozone – Croatia” held in the capital, Zagreb, with the Vice-President of the European Commission, Valdis Dombrovskis, made assessments about his country’s inclusion in the Schengen area and the Eurozone.

Pointing out that his country’s entry into the eurozone began in 2017, Plenkovic said that the vast majority of tourists visiting his country are from the countries of the Schengen area.

Noting that their entry into both Schengen and the Eurozone will have great benefits for his country, Plenković said, “I think that by the end of this year, we will see how much benefits we have brought to the Croatian economy and Croatian citizens by achieving these two goals.” He said.

The Vice-President of the European Commission, Dombrovskis, stressed that the integration of Croatia into the eurozone has become an important factor in making political and financial decisions at the European level.

Emphasizing that its inclusion in the Eurozone will bring benefits to Croatia, Dombrovskis said that the country’s economy and tourism will develop and the country will attract new investments.

Croatia became a member of the European Union in 2013

Croatia, which became a member of the European Union in 2013, became the 27th member of the Schengen Area on January 1, and changed its official currency from the kuna to the euro.

Croatia has implemented the Schengen rules piecemeal since 2013, when it joined the European Union.

Croatia believes that joining Schengen will have a positive impact on the country’s economy and increase its competitiveness thanks to free, faster and cheaper circulation of goods and services. As a Schengen member, the country expects to increase tourism revenues as well.

The Croatian government has announced that from January 1, the country’s borders will be made in accordance with Schengen rules for road, rail and sea transport, and has set a date of March 26, 2023 for airports to be fully ready.

Croatia has become the “twentieth country in the European Union that uses the euro”.

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