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Croatia And The Euro
Croatia adopted the euro as its currency on 1 January 2023, becoming the 20th member state of the eurozone. A fixed conversion rate was set at 1 € = 7.5345 kn. Croatia's previous currency, the kuna, used the euro (and prior to that one of the euro's major predecessors, the German mark or Deutsche Mark) as its main reference since its creation in 1994, and a long-held policy of the Croatian National Bank was to keep the kuna's exchange rate with the euro within a relatively stable range. Croatia's European Union (EU) membership obliged it to introduce the euro once it had fulfilled the euro convergence criteria. Prior to Croatian entry to the EU on 1 July 2013, Boris Vujčić, governor of the Croatian National Bank, stated that he would like the kuna to be replaced by the euro as soon as possible after accession. This had to be at least two years after Croatia joined the European Exchange Rate Mechanism (ERM II), in addition to it meeting other criteria. Croat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Croatia
, image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , map_caption = , capital = Zagreb , coordinates = , largest_city = capital , official_languages = Croatian , languages_type = Writing system , languages = Latin , ethnic_groups = , ethnic_groups_year = 2021 , religion = , religion_year = 2021 , demonym = , government_type = Unitary parliamentary republic , leader_title1 = President , leader_name1 = Zoran Milanović , leader_title2 = Prime Minister , leader_name2 = Andrej Plenković , leader_title3 = Speaker of Parliament , leader_name3 = Gordan Jandroković , legislature = Sabor , sovereignty_type ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convergence Criteria
The euro convergence criteria (also known as the Maastricht criteria) are the criteria which European Union member states are required to meet to enter the third stage of the Economic and Monetary Union of the European Union, Economic and Monetary Union (EMU) and adopt the euro as their currency. The four main criteria, which actually comprise five criteria as the "fiscal criterion" consists of both a "debt criterion" and a "deficit criterion", are based on Wikisource:Consolidated version of the Treaty on the Functioning of the European Union/Title VIII: Economic and Monetary Policy#Article 140, Article 140 (ex article 121.1) of the Treaty on the Functioning of the European Union. Full EMU membership is only open to EU member states. However, the Microstates and the European Union, European microstates of Andorra, Monaco, San Marino and the Vatican City, which are not members of the EU, have signed International status and usage of the euro#Sovereign states, monetary agreements ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schengen Area
The Schengen Area ( , ) is an area comprising 27 European countries that have officially abolished all passport and all other types of border control at their mutual borders. Being an element within the wider area of freedom, security and justice policy of the EU, it mostly functions as a single jurisdiction under visa policies in the European Union, a common visa policy for international travel purposes. The area is named after the 1985 Schengen Agreement and the 1990 Schengen Convention, both signed in Schengen, Luxembourg. Of the 27 EU member states of the European Union, member states, 23 participate in the Schengen Area. Of the five EU members that are not part of the Schengen Area, three—Bulgaria and the European Union, Bulgaria, Cyprus and the European Union, Cyprus and Romania and the European Union, Romania—are legally obligated to join the area in the future; Croatia has been approved to join on January 1, 2023; Ireland and the European Union, Ireland maintains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Croatia)
The Ministry of Finance of the Republic of Croatia ( hr, Ministarstvo financija) is the ministry in the Government of Croatia which is in charge of state finances and the budget. List ministers References External linksOfficial website {{DEFAULTSORT:Ministry Of Finance (Croatia) Finance Croatia , image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , map_caption = , capit ... Croatia, Finance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hrvatski Suverenisti
The Croatian Sovereignists ( hr, Hrvatski suverenisti) are a conservative and Christian right-wing political party in Croatia. The party was founded in 2019 and is led by Marijan Pavliček. History Foundation The party was originally founded in November 2019 as a political platform between the Croatian Conservative Party, Hrast-Movement for Successful Croatia, and some citizens' initiatives, such as "Istina o Istanbulskoj" and "Hrvatski bedem". 2020 parliamentary election In 2020, the party entered the Sabor (Croatian Parliament) in a Homeland Movement-led coalition. As of 2021, the Croatian Sovereignists have four MPs in the Sabor. Merge of smaller right-wing parties On October 2, 2021, a unification assembly was held in Croatia's capital Zagreb. During the assembly it was announced, that three smaller conservative and right-wing parties ( Croatian Conservative Party, Hrast-Movement for Successful Croatia and the Generation of Renewal) will become defunct to me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint (facility)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The earliest metallic money did not consist of coins, but of unminted metal in the form of rings and other ornaments or of weapons, which were used for th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurogroup
The Eurogroup is the recognised collective term for the informal meetings of the finance ministers of the eurozone—those member states of the European Union (EU) which have adopted the euro as their official currency. The group has 19 members. It exercises political control over the currency and related aspects of the EU's monetary union such as the Stability and Growth Pact. The current President of the Eurogroup is Paschal Donohoe, the Minister for Finance of Ireland. The ministers meet ''in camera'' a day before a meeting of the Economic and Financial Affairs Council (ECOFIN) of the Council of the European Union. They communicate their decisions via press and document releases. The group is related to the Council of the European Union (only Eurogroup member states vote on issues relating to the euro in the ECOFIN) and was formalised under the Treaty of Lisbon. History The Eurogroup, formerly known as the ''Euro-X'' and ''Euro-XI'' in relation to the number of states adop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Croatian Euro Starterkit
Croatian may refer to: *Croatia , image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , map_caption = , capit ... * Croatian language * Croatian people * Croatians (demonym) See also * * * Croatan (other) * Croatia (other) * Croatoan (other) * Hrvatski (other) * Hrvatsko (other) * Serbo-Croatian (other) {{disambiguation Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valdis Dombrovskis
Valdis Dombrovskis (born 5 August 1971) is a Latvian politician serving as Executive Vice President of the European Commission for An Economy that Works for People since 2019 and European Commissioner for Trade since 2020. He previously served as European Commissioner for Financial Stability, Financial Services and Capital Markets Union from 2016 to 2020 and Prime Minister of Latvia from 2009 to 2014. Dombrovskis served as Minister for Finance of Latvia from 2002 to 2004. He then served as a Member of the European Parliament (MEP) for the New Era Party from 2004 to 2009. He became the Prime Minister of Latvia 2009, serving until his resignation in 2014. He was Vice-President of the European Commission for the Euro and Social Dialogue from 2014 to 2019. Following the resignation of Lord Jonathan Hill, Dombrovskis served as European Commissioner for Financial Stability, Financial Services and the Capital Markets Union from 2016 to 2020. Following the resignation of Phil Hogan, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking Union Of The European Union
The banking union of the European Union is the transfer of responsibility for banking policy from the national to the EU level in several EU member states, initiated in 2012 as a response to the Eurozone crisis. The motivation for banking union was the fragility of numerous banks in the Eurozone, and the identification of vicious circle between credit conditions for these banks and the sovereign credit of their respective home countries ("bank-sovereign vicious circle"). In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. Conversely, weakness in sovereign credit resulted in deterioration of the balance sheet position of the banking sector, not least because of high domestic sovereign exposures of the banks. As of mid-2020, the Banking union of the European Union largely consists of two main initiatives, the Single Supervisory Mechanis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zdravko Marić
Zdravko Marić (; born 3 February 1977) is a Croatian economist and politician who served as the Minister of Finance from 2016 and a Deputy Prime Minister from 2019, until his resignation from both positions in 2022. He was the first non-partisan holder of the office in Croatia's post-independent history. He assumed the position of finance minister in the cabinet of Tihomir Orešković, and continued to hold the position in the first and the second cabinet of Andrej Plenković. Early life and education Zdravko Marić was born on 3 February 1977 in Slavonski Brod. After finishing elementary and high school in his hometown, he enrolled in Zagreb Faculty of Economics and Business from which he graduated finances in 2000. He obtained his master's degree in operational research in 2004 with thesis ''Analysis of Capital Flows in Transition Countries Through the Impact on Investment''. In 2007, Marić attended the executive education program in Management at Young Global Leaders Sc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jean-Claude Juncker
Jean-Claude Juncker (; born 9 December 1954) is a Luxembourgish politician who served as the 21st Prime Minister of Luxembourg from 1995 to 2013 and 12th President of the European Commission from 2014 to 2019. He also served as Finance Minister from 1989 to 2009 and President of the Eurogroup from 2005 to 2013. By the time Juncker left office as Prime Minister in 2013, he was the longest-serving head of any national government in the EU and one of the longest-serving democratically elected leaders in the world, with his tenure encompassing the height of the European financial and sovereign debt crisis. In 2005, he became the first permanent President of the Eurogroup. In 2014, the European People's Party (EPP) had Juncker as its lead candidate, or '' Spitzenkandidat'', for the presidency of the Commission in the 2014 elections. This marked the first time that the ''Spitzenkandidat'' process was employed. Juncker is the first president to have campaigned as a candidate for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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