Croatian Prime Minister Andrej Plenkovic announced on Wednesday on a local radio show that Croatia will send next week to Brussels a letter of intent to enter the eurozone.
In the past days, Plenkovic talked with Mario Draghi, the president of the European Central Bank, and European Union officials in charge of the euro.
"The letter we will send to Brussels is the first step to become part of what is called the European Exchange Rate Mechanism II (ERM II)," Plenkovic said.
The ERM II was set up in 1999 to ensure that exchange rate fluctuations between the euro and other European Union currencies do not disrupt economic stability within the single market, and to help non euro-area countries prepare themselves for participation in the euro area.
The prime minister claims that Croatia wants to introduce the euro and that good consultations have been made with the European Central Bank and the European Commission, and the reforms that the country wants to launch next year were also mentioned.
According to Plenkiovic, the macroeconomic trends are good and that Croatia is spending the money it earns. He also announced the possibility of a new tax relief for citizens and the economy. Enditem
