Croatian PM: Journey towards euro adoption to take several years

Photo /Vijesti/2019/07 srpanj/11 srpnja/Sjednica-1.jpg

Prime Minister Andrej Plenkovic said at the start of his cabinet's meeting on Thursday that the economic and political foundations for the introduction of the euro in Croatia had been well prepared and that a few more years would be necessary before its adoption.

He recalled that earlier this week, Croatia's formal letter of intent to join the European Exchange Rate Mechanism II was accepted by the Eurogroup.

"We have elaborated every detail, six areas and 19 benchmarks which the competent departments will fulfill next year," he said.

We have prepared that very well diplomatically and politically and news about the adoption of the letter makes us happy, he said.

The premier also commented on the European Commission's decision to revise upward Croatia's growth to 3.1% in 2019.

Croatia is one of the three EU member to have their growth forecasts revised upward in the largest percentage which Plenkovic interpreted as the confirmation of the achievements of his cabinet's good work.

Plenković extends his condolences for Srebrenica genocide

Prime Minister Andrej Plenkovic opened Thursday's cabinet meeting by expressing his condolences for the victims of the Srebrenica genocide.

"Today is the 24th anniversary of a great tragedy, one of the worst atrocities following World War II. In 1995 more than 8,000 men and youths were killed in Srebrenica," said Plenkovic.

He added that the government had sent an envoy to two commemorations of that tragedy, one to the Croatian parliament and the other to the Islamic centre in Zagreb.

"We want to express our condolences for the victims of that horrific crime," Plenkovic underscored and recalled  that that "crime has been qualified as genocide by the international tribunal's conviction."

Text: Hina



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