While in Brussels attending a summit of the European Council, Prime Minister Andrej Plenković met with the Vice-president of the European Commission for Finance Valdis Dombrovskis. The two discussed preparations for Croatia's entry into the European Exchange Rate Mechanism II and the Eurozone.
"I believe we have prepared all preconditions well and I believe that we will be supported at the level of the Eurogroup, then later at other levels when final decisions are made. That process, as usual, should last around a year. All in all, ahead of time, everything was well coordinated and planned within Croatian institutions, in the government, where we coordinated the entire process and maintain constant communication with the Commission and Eurogroup," said Prime Minister Andrej Plenković.
The procedure for entering the European Exchange Rate Mechanism II foresees that the Croatian National Bank Governor and the Minister of Finance send a letter to Brussels, after which an evaluation process begins in certain areas under individual policies that Croatia has defined as steps that will fulfill the needed criteria.