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Croatia adopted the euro as its currency on 1 January 2023, becoming the 20th member state of the eurozone.A fixed conversion rate was set at €1 = kn 7.5345 [1]. Croatia's previous currency, the kuna (Croatian for marten), used the euro (and prior to that one of the euro's major predecessors, the German mark or Deutsche Mark) as its main reference since its creation in 1994, and a long-held ...
On 16–17 June 1997, the European Council decides at Amsterdam to adopt the Stability and Growth Pact, designed to ensure budgetary discipline after creation of the euro, and a new exchange rate mechanism (ERM II) is set up to provide stability above the euro and the national currencies of countries that haven't yet entered the eurozone. On 3 ...
The enlargement of the eurozone is an ongoing process within the European Union (EU).All member states of the European Union, except Denmark which negotiated an opt-out from the provisions, are obliged to adopt the euro as their sole currency once they meet the criteria, which include: complying with the debt and deficit criteria outlined by the Stability and Growth Pact, keeping inflation and ...
Spain kicked off its Euro 2024 campaign with a statement 3-0 win over Croatia to earn a vital three points in the tournament’s ‘Group of Death.’ La Roja was out of the blocks rapidly and ...
[61] [62] Eduardo da Silva, the team's top goalscorer during qualifying, sustained an injury while playing for his club, Arsenal, leading to a shake-up in the finals squad with less experienced players. [63] [64] Croatia finished group stage undefeated with a 1–0 win over co-hosts Austria, 2–1 win over Germany, and 1–0 win over Poland. [65]
Plenković has faced accusations of corruption as Croatia, a European Union and NATO member, struggles with the highest inflation rate in the eurozone, a labor shortage and a surge in migration.
Croatia qualified for and competed in three consecutive World Cup tournaments between 1998 and 2006, but failed to qualify for the 2010 World Cup in South Africa after finishing 3rd in Group 6 behind England and Ukraine.
Croatian football clubs have participated in UEFA competitions since 1958. Before 1992, Croatia was a part of Yugoslavia.Therefore, Croatian teams represented this country and did not always have a guaranteed spot in European competitions.