EU Parliament gives the green light for Croatia to join eurozone

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The members of the European Parliament have voted in favor of Croatia's bid to become a member of the eurozone, with the decision being fully implemented by next year.

According to a press release issued by the EP, with 539 votes in favor, 45 against, and 48 abstentions, Croatia has been estimated as eligible to adopt the euro, starting on January 1, 2023.

The report of Siegfried Muresan, which states Croatia meets all the required criteria, also points out the country's readiness to participate in the eurozone; despite the COVID-19 pandemic, high inflation, the Russian invasion of Ukraine, Croatia maintains its consistency in adopting the currency.

Parliament's opinion will be further discussed with the other eurozone member states who are responsible for giving the final decision for Croatia to adopt the currency.

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