Business Maverick: Euro Zone Set to Get 20th Member as Croatia Given Crucial Nod

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 84%

United States News News

United States United States Latest News,United States United States Headlines

The euro zone is moving closer to adding its 20th member after Croatia was ruled to be in good enough shape to join the club next year.

The European Commission on Wednesday recommended that the Adriatic nation of 3.9 million people should be allowed to adopt the common currency after finding that it fulfills the necessary requirements on issues including inflation and public debt.

Other European Union governments are expected to take a final decision on the country’s bid in the first half of July, the commission said. They must still consult the European Parliament and the European Central Bank. The currency switch “will bring benefits for citizens, businesses and state and make economy more resilient to shocks,” Croatian central bank Governor Boris Vujcic said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You sound happy about that, are we part of it indirectly? You're colonial clerks

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BUSINESS MAVERICK: Cartoon Tuesday with RicoDefend Truth
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Biden says US will provide Ukraine advanced rocket systemsPresident Joe Biden said he’ll give Ukraine advanced rocket systems and other US weaponry to better hit targets in its war with Russia, ramping up military support as the conflict drags into its fourth month. I hope and pray that Putin can be stopped soon this is Total madness US should be working with the UN and others in trying to get the two parties to find a common ground. But they choose escalation
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Boeing reaches out to Singapore Air to discuss 777X delaysBoeing Co has reached out to Singapore Airlines Ltd. to discuss the US planemaker’s failure to deliver long-delayed 777X aircraft on time, according to the CEO of the city-state’s flag carrier. With sincerity and gratitude in my heart I am sharing this testimony so other people will know that this platform is really legitimate am grateful AmelieBtc1
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Biden to Meet Powell to Discuss Economy as Inflation BitesPresident Joe Biden will hold a rare Oval office meeting on Tuesday with Federal Reserve Chair Jerome Powell amid the highest inflation in decades, which has angered Americans and hurt his standing with voters.
Source: dailymaverick - 🏆 3. / 84 Read more »