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The Israeli Walla! website: We are running out of stockpiles, our forces are exhausted, and the lives of the captives are in danger. It is time for a ceasefire deal in Gaza.
Several wounded in an Israeli bombardment of a tent in al-Mawasi, south of Khan Younis in the Gaza Strip.
Israeli media: Three wounded, three killed in an ongoing operation in the Gaza Strip.
Al Mayadeen's correspondent in southern Lebanon: Israeli artillery shelling targets the outskirts of the town of Shebaa
Al-Qassam Brigades: The targeting took place at the intersection of 'Street 5' with the western line north of Khan Younis
Al-Qassam Brigades: A NIMR armored personnel carrier carrying an Israeli soldier was targeted with an Al-Yassin missile north of Khan Younis
Israeli media: At least two soldiers killed by anti-tank missile fired at Israeli army forces in the Gaza Strip
Local Syrian sources: Mortar shells fell on more than nine villages in the Sweida countryside
Local Syrian sources: Dozens of dead and wounded have arrived at Sweida hospitals as a result of ongoing clashes at several locations in the western Sweida countryside
Local sources: Civilians, including children and women, were injured in the al-Maqous neighborhood of Sweida, in Syria, as a result of ongoing clashes

Croatia to adopt euro

  • By Al Mayadeen English
  • Source: Agencies
  • 15 May 2022 14:14
1 Min Read

Croatia is set to become the 20th member of the eurozone.

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  • Croatia to adopt euro

The Croatian parliament passed legislation for the country's adoption of the euro on January 1, 2023. Parliament voted 117-13 to replace the kuna with the European single currency.

Prices in Croatia will be shown in both currencies beginning in September of this year and will be used in parallel throughout next year, according to the legislation.

According to the administration, adopting the euro will eliminate currency risk, lower interest rates, strengthen Croatia's credit rating, and open the door for greater investment.

Related News

Bulgaria faces protests as Euro adoption nears approval

German economy shrinks 0.3% in 2023

Controlling inflation and government expenditure has been a key problem for Croatia, which joined the European Union in 2013, in order to achieve the macroeconomic criteria for eurozone membership.

Croatia's economy remains one of the EU's weakest, owing in part to the lingering effects of the 1990s war.

The country's economy is primarily reliant on tourist earnings, which attracts millions of European and other international visitors each year.

  • Eurozone
  • Europe
  • Croatia
  • European Union

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