Croatia adopts the euro currency and enter Europe’s passport-free Schengen zone

 With the new year, Croatia will adopt the euro currency and enter Europe’s passport-free Schengen zone after nearly a decade since joining the European Union.

At midnight on January 1, 2023, the Balkan nation of some four million people will bid farewell to its kuna currency and become the 20th member of the eurozone.

Experts say the adoption of the euro will help protect Croatia’s economy at a time when inflation has been soaring globally since Russia’s invasion of Ukraine in February led to heightened fuel and food prices.

It will also be the 27th nation in the passport-free Schengen zone, the world’s largest, which enables more than 400 million people to move freely around its member nations.

Source:

https://www.aljazeera.com/news/2022/12/31/croatia-to-switch-to-euro-enter-passport-free-schengen-zone

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