Croatia passes law to introduce euro

Croatia will replace the Croatian kuna with the euro on 1 January 2023.

A total of 117 votes were in favour of euro legislation, 13 votes against and one lawmaker abstained in the 151-member Parliament.

Croatia, which joined the European Union in 2013, remains among the bloc's worst economies after the 1992-95 war.

Right-wing parties in the Croatian Parliament opposed the introduction of the euro, saying it would increase poverty and exert pressure on citizens.

Both waves are set to be used in parallel in the months following the official start of the euro application.

Croatia's economy depends on tourism revenues during the summer months. The country attracts hundreds of thousands of European and other tourists each season.