Croatia joins eurozone and Schengen area - BBC News

Croatia has become the 20th country to join the Eurozone as adopted the Euro as its currency BBC's Emily Brown explains why a new year currency Croatia says goodbye to its Cuna currency as it adopts the euro this is the moment the country's Finance Minister pulls out the first Euro bill from a cash machine and Croatia will become the 20th member of the Eurozone after nearly a decade since it joined the EU the nation of four million people joins the Schengen Zone which allows people to move freely around its member nations but croatians have mixed feelings about the change it's always great for me to have kuna when I came to Croatia but the Euro's easier it's easier when you're in Europe we can be emotionally attached to the because of history but one has to live realistically it's always better to be with someone who is strong who is something than to be on the sidelines I love kuna and as you can hear we will have as much as our pension allows meanwhile experts say adopting the Euro will help protect Croatia's economy at a time when inflation has been soaring globally since Russia's invasion of Ukraine and it's hoped its entry into a borderless area will provide a boost to the tourism industry it's an important milestone in the history of Croatia the Euro and the EU as a whole Emily Brown BBC News

Channel: BBC News

Views: 158,061

Keywords: bbc, bbc news, news

Id: PmSUj5KoQGo

Length: 1min 34sec (94 seconds)

Published: Sun Jan 01 2023