Map by Evan Centanni, from blank map by Ssolbergj. License: CC BY-SA |
Croatia Joins Eurozone, Leaves ERM II
On January 1, 2023, Croatia retired the Croatian kuna currency as the country's official money, replacing it with the shared European currency known as the "euro". By doing this, the country became the 20th official member of the "euro area", better known as the Eurozone - not to be confused with the European Union (EU), a closely-related organization that the Eurozone basically part of. On the same day, Croatia also joined Europe's free-travel Schengen Area, another EU-connected grouping of countries.