engleski

Fiscal Compact - the first decisive step towards euro adoption in Croatia

The Government - in an expedited procedure - adopted a Draft Proposal for an Act on the Ratification of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union between the EU Member States, thereby taking the first decisive step towards joining the euro area an announcing stronger commitment to structural reform implementation. The Government accepted part of the Treaty provisions relating to the euro-area members (i.e. Title V, participation of the Heads of Government in the euro-area members' meetings). As concerns provisions arising from Title III (Fiscal Compact) and Title IV (Economic Policy Coordination and Convergence), Croatia will, like other Member States whose currency is not the euro, exercise its right of exemption (pending its accession to the euro area).

fiscal policy

nije evidentirano