Showing posts with label croatia. Show all posts
Showing posts with label croatia. Show all posts

Monday, June 5, 2023

Jan. 2023: Croatia Switches to Euro Currency, Joining Eurozone (Map)

This article covers the latest changes to PolGeoNow's map of which countries use the euro.

Map of the Eurozone (euro area), showing which countries use the euro as their currency. Includes members, pre-members (ERM II or ERM-2 waiting area), EU non-members using the euro, and other EU countries. Color blind accessible. Updated to June 2023 with the recent entry of Croatia into the Eurozone.
Map by Evan Centanni, from blank map by Ssolbergj. License: CC BY-SA

Croatia Joins Eurozone, Leaves ERM II

On January 1, 2023, Croatia retired the Croatian kuna currency as the country's official money, replacing it with the shared European currency known as the "euro". By doing this, the country became the 20th official member of the "euro area", better known as the Eurozone - not to be confused with the European Union (EU), a closely-related organization that the Eurozone basically part of. On the same day, Croatia also joined Europe's free-travel Schengen Area, another EU-connected grouping of countries.

Thursday, July 16, 2020

Bulgaria and Croatia Enter Eurozone "Waiting Room" (ERM II)

This article covers the latest changes to PolGeoNow's map of which countries use the euro.

Map of the Eurozone (euro area), showing which countries use the euro as their currency. Includes members, pre-members (ERM II or ERM-2 waiting area), EU non-members using the euro, and other EU countries (color blind accessible). Updated for July 2020 with the entry of Croatia and Bulgaria into the ERM-II.
The Eurozone, European Union, and other countries using the euro.
Map by Evan Centanni, from blank map by Ssolbergj. License: CC BY-SA

Croatia and Bulgaria preparing to adopt the euro

The southeastern European countries of Bulgaria and Croatia have been approved by the European Union's central bank to take the next step towards joining the Eurozone - the organization of countries that officially use the euro as their shared currency. As new participants in the "European Exchange Rate Mechanism II" (ERM II or ERM-2), Croatia and Bulgaria are on track to adopt the euro after a 2-3 year waiting period - likely on January 1, 2024.