Investor Presentaiton
CROATIA ADOPTED THE EURO ON 1 JAN 2023
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By joining the euro area, Croatia also becomes eligible for
membership in the ESM. This is expected to happen in
early 2023.
The minister of Finance of Croatia will become a member
of the ESM Board of Governors, which takes all the
important decisions regarding the ESM.
Each Member contributes to the ESM authorised capital
based on its respective share of the EU total population
and gross domestic product (GDP). Croatia is expected to
benefit from a temporary correction period of 12 years,
during which its initial capital subscription to the ESM will
be lower, thus leading to a temporarily lower paid-in
capital contribution.
• Croatia will also benefit from the solidarity that comes
with ESM membership, with access to financial assistance
tools, which is a signal of protection for investors.
Further reading: https://www.esm.europa.eu/blog/croatia-makes-euro-20-nations-strong
CROATIA
EURO
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