The Croatian Statehood Foundation and the Hanns Seidel Foundation, together with the Wilfried Martens Center for European Studies in Brussels, organized a conference in Zagreb titled: "Future of the euro area as a currency union - Croatia on the path to the euro".
Speakers at the Eurozone conference included European Court of Auditors member Ivana Maletić, Finance Minister Zdravko Marić, National Bank Governor Boris Vujčić and others.
At the beginning of the conference, European Commission Vice President for Economy Valdis Dombrovskis addressed those in attendance via video link. Dombrovskis stated that if Croatia implemented the measures it is obliged to implement, the country could enter the European Exchange Rate Mechanism (ERM II) in the second half of 2020.
Dombrovskis had earlier attended the European People's Party Congress in Zagreb on Wednesday and Thursday but was unable to attend today's conference in person.
Croatia needs to fulfill 19 measures in six separate areas which it undertook to do in a letter of intent to join the ERM II and the banking union. These measures are related to strengthening the capacity of the national statistics office, improving the business environment, state assets management, strengthening foundations for economic growth, etc.
Friday's conference was just one in a series of high-level conferences to be organized by the two foundations together with the Wilfried Martens Center for European Studies. The aim of which is to publicly discuss the current European agenda.
This year also marks the 20th anniversary of the European Monetary Union and the introduction of the euro single currency and represents an opportunity for the Eurozone to reflect on its achievements, including the role of the euro around the world.
Prime Minister Andrej Plenković announced earlier this month that Croatia hoped to introduce the euro as the national currency by as early as January 2023.
- Government cabinet proposes law on National Bank in preparation for Euro
- Marin Čilić advances to final 16 of Australian Open
- US official warns Croatia to be wary of whom it sources equipment from for 5G network
- Meeting of EU justice ministers held in Zagreb
- Minister of health has no intention of resigning over asset card affair
- Grabar Kitarović emphasizes the importance of The Three Seas Initiative