# Croatia accession

- Canonical URL: https://www.gerhardmerk.de/croatia-accession
- Post ID: 591796
- Modified: 2023-07-25T20:59:38+00:00
- Language: en

## Definition

On July 1, 2013, Croatia became the 28th member state of the EU, but not - as has been repeatedly misinterpreted - into the euro area. However, because a good 90 percent of the banking sector in Croatia is in foreign hands - and here again mainly in the hands of institutions from the EU - it should be easier for the country to join the euro area at a later date. - Cf. ECB Monthly Bulletin, July 2013, p. 19 ff. (detailed analysis of the Croatian economy; development prospects). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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