Croatia: Payment in euros possible from 2023

It is expected that it will be possible to pay in euros for holidays in Croatia from next year. The EU Commission has given the popular travel destination the green light to join the European monetary system. From 2023, the exchange of money into the previous Croatian currency kuna should then be omitted.

In a final assessment, the Brussels authorities came to the conclusion that Croatia met the requirements for joining the common currency. According to a report in the Tagesschau on June 1, the foundation stone has been laid for the pending EU resolutions on the changeover. From January 1, 2023, according to Croatia’s plans, the local currency kuna is to be replaced by the euro.

Final decision expected in July

In the first half of July, the 27 member states of the European Union will vote on whether Croatia can join the euro system. According to the clearly failed assessment of the EU Commission, however, no negative result is to be expected. According to Commission President Ursula von der Leyen, Croatia’s accession will strengthen the country’s economy on the one hand, and the euro itself on the other. Various criteria were examined before the decision was made, including inflation and the stability of the exchange rates of the Adriatic coast.

Advantage for travelers: there is no need to exchange money

From next year, tourists will most likely be able to pay in Croatia with the euro, eliminating the hassle of exchanging money. The representatives of the Croatian travel industry expect a further increase in the attractiveness of Croatia as a travel destination. The south-east European country had been working for several years to meet the criteria for admission to the euro zone. So far, only 19 of the 27 EU countries have been allowed to introduce the common currency, with Lithuania joining in 2015.