Croatia to enter ERM II on Friday - diplomatic sources

Croatia to enter ERM II on Friday - diplomatic sources

Croatia to enter ERM II on Friday - diplomatic sources Izvor: PHILIPPE HUGUEN / AFP

Croatia and Bulgaria are expected to be admitted into the European Exchange Rate Mechanism (ERM II), a sort of waiting room for entry into the euro zone, on Friday, Hina learned from diplomatic sources in Brussels on Thursday.

The decision on this received support from the Euro Task Force on Monday, and it will also be on the agenda on Thursday afternoon and Friday when the Eurogroup and the Finance and Economic Council meet.

A decision on a country's admission into ERM II is taken by the countries already participating in this mechanism, namely the 19 euro zone member states, Denmark and the European Central Bank.

The decision on the admission of Bulgaria and Croatia is expected to be announced in an official statement on Friday, the diplomatic sources said.

Any member state that wishes to adopt the euro has to spend at least two years in the ERM II mechanism, which means that Croatia might join the euro area in 2023 at the earliest.

In a report released last month, the European Commission said that Croatia met all the criteria for entry into the euro zone except membership of ERM II.

POVEZANE VIJESTI

Comments (0)

Comment sent successfully.

Comment sending failed.

Invalid CAPTCHA

* All fields are required

MOST POPULAR

NAJNOVIJE

READ MORE

NEWS

NEWS

Bosnia records 233 new Covid-19 cases, nearly 8,000 patients recover 13:15 h

13:15 h  |  NEWS

NEWS

NEWS

Europe's biggest countries are seeing Covid surges -- but not this one 12:52 h

12:52 h  |  NEWS

NEWS

NEWS

Serbia reports six more Covid-19 deaths, 255 new cases 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Demonstrators erect mock gallows in Beirut as thousands join protest 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Croatia reports 77 new coronavirus cases, two dead 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Slovenian police discover 209 illegal migrants 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Bosnia's coronavirus total passes 14,000, more than half of patients recovered 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Slovenia reports 14 new coronavirus cases, one fatality 08.08.2020.

08.08.2020.  |  NEWS

PROČITAJTE JOŠ

NEWS

NEWS

Bosnia records 233 new Covid-19 cases, nearly 8,000 patients recover 13:15 h

13:15 h  |  NEWS

NEWS

NEWS

Europe's biggest countries are seeing Covid surges -- but not this one 12:52 h

12:52 h  |  NEWS

NEWS

NEWS

Serbia reports six more Covid-19 deaths, 255 new cases 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Demonstrators erect mock gallows in Beirut as thousands join protest 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Croatia reports 77 new coronavirus cases, two dead 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Slovenian police discover 209 illegal migrants 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Bosnia's coronavirus total passes 14,000, more than half of patients recovered 08.08.2020.

08.08.2020.  |  NEWS

NEWS

NEWS

Slovenia reports 14 new coronavirus cases, one fatality 08.08.2020.

08.08.2020.  |  NEWS

loader