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Everything you need to know about Croatia’s economy

How much do you know about Croatia’s economy? And what about the steps the country had to take to adopt the euro?

Our host KatieRanger and economist Martin Bijsterbosch explore these topics on The ECB Podcast.

The views expressed are those of the speakers and not necessarily of the European Central Bank.

Published on 16 February 2023 and recorded on 7 February 2023.

In this episode
01:00
Croatia’s economy

What Croatia’s economy looks like, and what ties the country already had with the euro area before joining the single currency.

04:00
The path to joining the euro

What leveraged finance is, why it’s important for banks and why our review looked at this topic for the first time.

08:53
Croatia's response to economic shocks

How Croatia’s economy has been affected by the pandemic and Russia’s invasion of Ukraine.

13:05
Adopting the euro in a high-inflation environment

How the euro changeover is going in a high-inflation environment and how Croatian authorities are monitoring and handling any deliberate increase of prices during the transition.

15:59
What’s next for Croatia?

The next steps on Croatia’s path towards full economic convergence with the euro area, and the main economic challenges facing the country.

18:59
Our guest’s hot tip