Asked in a 2023 paperFairly easy

Which member of European Union adopted Euro Currency on 01 January 2023?

Correct answer: C. Croatia

  • A. Spain
  • B. Greece
  • C. Croatia
  • D. None of these

Explanation

Croatia adopted the euro on 1 January 2023, becoming the 20th member of the euro area and joining the Schengen Area on the same date.

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About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

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