Sunday, January 01, 2023

Croatia Adopts Euro, Joins Schengen: What Are the Pros and Cons? | DW News

Jan 1, 2023 | Croatia has dropped its currency the kuna to adopt the European common currency, the euro. The Balkan nation becomes the 20th member of the eurozone. Croatia had to meet strict economic conditions to join. European Commission President Ursula von der Leyen traveled to Zagreb to mark the occasion. Croatia also became the 27th member of the passport-free Schengen zone, which allows more than 400 million people to move freely through its borders.