Brussels: On July 12, European Union finance ministers formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023. European Commission Vice President Valdis Dombrovskis said Croatia’s accession confirmed that the euro remained an “attractive, resilient and successful global currency” and a symbol of strength and unity. “This is particularly important at such a challenging time when Russia’s aggression against Ukraine continues to send shock waves around the world,” Dombrovskis told a ceremony to mark Croatia’s accession, the euro zone’s first expansion since 2015.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Cuban family produces flour from coconut and banana

On a small farm outside Cuba’s Havana, a family-run business produces gluten-free…

Taliban prepare budget without foreign assistance

Kabul: On Friday, Afghanistan’s finance ministry under the Taliban government has prepared…

Azerbaijan president vows retaliation after Iran ‘terrorist’ drone strike 

Azerbaijan’s President Ilham Aliyev accused Iran of ‘terrorism’ and threatened retaliation after…

Israeli air attacks kill four in Nabatieh

Israeli air attacks in southern Lebanon have killed at least four more…